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Property profile & analytics
FOR LEASE
Office buildings
19707 44Th Ave W Lynnwood, WA 98036
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-0974386
No photos on file
For Lease
$2,046/Mo
19707 44Th Ave W, Lynnwood, WA 98036
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1975
Construction
WOOD
Total area
9,790 SF
Lot
0.68 ac (29,621 SF)
Zoning code
CC-C
APN
372600701808
UPID
US90-0974386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Edward Jones - Financial Advisor: Adam K Pickrell Financial Advisor
-
Nimulrith Seth Alternative Medicine Practice Acupuncture
-
Joseph Meyering Counselor
-
Axelrive Corporate Office
-
Anotiva Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.24M
CAP Approach
CAP
$2.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.99M
Owner & transaction history
Bablie LLC · 5 yrs held
Bablie LLC
since 2020
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
CC-C · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,415,000
ML approach
$3,240,000
CAP Approach
CAP Return
Estimation
6%
$3,100,000
6.5%
$2,860,000
7%
$2,655,000
Blend value · Realmo final
$2.99M
Range $2.69M – $3.28M · ±10% · vs last sale $2.70M (Aug 31 2020)
Last sale anchor
$2.70M
Aug 31 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$305 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,060
Tax year 2023
Assessed value
$2,806,000
Assessed 2023
Previous assessed
$2,517,000
+11.5% YoY
Effective rate
0.75%
On assessed value
Assessed land
$1,925,900
Assessed improvement
$880,100
Land market value
$1,925,900
Improvement market value
$880,100
Total market value
$2,806,000
Applied tax rate
452.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1975
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
9,790 SF
Lot
0.68 ac (29,621 SF)
Zoning code
CC-C
APN
372600701808
UPID
US90-0974386
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CC-C · Lynnwood, WA
Zoning CC-C · permitted uses
CC-C · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Bablie LLC
Entity
Free & Clear · 5 yrs held
Mailing address
12199 VLG CTR PL STE #201, MUKILTEO, WA 98275-5313
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2020
$2,700,000
Bablie LLC
Northwood Building LLC
Warranty Deed
—
Jun 29, 2016
$1,731,000
Northwood Building LLC
Clay 4 LLC
Warranty Deed
$1,300,000 · Tapco Cu
Jul 10, 2012
—
Clay 4 LLC
Clay,hearl K
Quit Claim Deed
related
—
Dec 30, 1998
—
Hearl K Clay
1031 Services INC
Grant Deed
related
—
Oct 23, 1998
$785,000
Section 196 Services
Kobayski,william T
Grant Deed
related
—
Dec 1, 1984
$625,000
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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