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Property profile & analytics
OFF-MARKET Estimated value $1,115,000
Retail space

19716 Hwy 99 Lynnwood, WA 98036

5,712 SF 0.58 ac lot Built 2015
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-1377055
Property summary
AI-generated overview

This exceptional 1,405 square foot retail space is located within the vibrant Lynwood Crossroads shopping center in Lynnwood, Washington. Built in 2015, this single-tenant property boasts a prime location at the intersection of 196th Street and Highway 99, a high-traffic area with an estimated 35,000 cars passing daily. The property is situated in a thriving commercial zone, designated HMU, and benefits from its proximity to a future light rail station, promising increased accessibility and foot traffic. The single-story building offers excellent visibility and convenient access for customers. This space is part of a well-established shopping center, sharing its location with reputable national and regional tenants including LA Fitness, T&T Supermarket, Starbucks, DoughZone, Qdoba, and Mod Pizza, creating a synergistic environment and attracting a diverse customer base. The property's single-tenant occupancy provides a straightforward and efficient investment opportunity. This is an ideal location for a variety of retail businesses seeking high visibility and a strong customer base in a rapidly growing area of Snohomish County, Washington, with a 98036 zip code. The property features one building and is zoned for commercial use.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Construction WOOD
Total area 5,712 SF
Lot 0.58 ac (25,265 SF)
Zoning code 42
APN 503300001303
UPID US90-1377055
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.24M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M
Owner & transaction history
T&t Supermarket Us INC · 2 yrs held
T&t Supermarket Us INC
since 2024
5 recorded transactions
2024
Price N/A
2022
Price N/A
2022
$44.1M
2019
Price N/A
2018
Price N/A
Zoning & alternative use
42 · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.7M +7.9%
Warehouse, storage $1.7M +2.8%
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