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Property profile & analytics
FOR SALE
Office buildings

20102 Cedar Valley Rd Lynnwood, WA 98036

9,530 SF 0.94 ac lot Built 1978
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US90-0995278
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-story, Class B office building situated in Lynnwood, Washington. The property, known as CEDAR VALLEY OFFICE PARK, boasts a total of 9,530 square feet, with 8,481 square feet of net rentable space, currently at 60% occupancy. The asking price is $2,595,000, translating to $272.30 per square foot. Built in 1978, the single building comprises ten units and offers a desirable lake view. The property sits on nearly one acre and includes 45 parking spaces. Its convenient location offers easy access to amenities and is within a short distance of the future Lynnwood Light Rail Station (projected completion 2024), part of the Lynnwood Link extension. The property is zoned NC and features a Snohomish County APN of 00608400300202. The building's diverse subtypes, including executive, medical, and traditional office spaces, cater to a wide range of potential tenants, presenting strong owner-use opportunities alongside existing rental income. The address is 20102 Cedar Valley Rd, Lynnwood, WA 98036. This property offers a unique blend of lakefront appeal, convenient location, and substantial income potential.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1978
Construction WOOD
Total area 9,530 SF
Lot 0.94 ac (40,946 SF)
Zoning code PUD
APN 608400300202
UPID US90-0995278
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
  • Perkins, Derdowski & Associates, PLLC Accounting Firm Tax Preparation
  • Rodney R. Moody Attorney At Law Law Firm
  • Sierra Zweig Counselor Marriage Or Relationship Counselor
  • Sandra Tallar Counselor
  • Beth Friedland Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.79M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.28M
Owner & transaction history
Cv Wa Vista LLC · 6 yrs held
Cv Wa Vista LLC
since 2019
7 recorded transactions
2019
$1.9M
2009
Price N/A
1999
Price N/A
1991
$800,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PUD · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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