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Property profile

20102 Cedar Valley Rd Lynnwood, WA 98036

FOR SALE
Office buildings
Property ID
US90-0995278
9,530 SF 0.94 ac lot Built 1978
Last sale Aug 2019 · $1,880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$2.16M
Assessed land$726k
Assessed improvement$1.43M
Effective rate0.75%

Value estimate

· Oct 2026
$2.28M
$2.05M – $2.50M
CAP approach$2.79M
NOI build-up
Gross scheduled income$261k
Vacancy & credit loss−$34k
Operating expenses−$57k
NOI · 6.54% cap applied$170k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$609/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$229 – $845

Cap rate analysis

How does the asset earn?
6.54%
$170k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUD
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.9
Watch Repair Shop8.8
Shoe Repair8.7

Location

20102 Cedar Valley Rd Lynnwood, WA 98036
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5108 196th SW, Lynnwood, WA 98036-6152 $2,800,000 Dec 2025 9,916 SF
5925 203rd SW, Lynnwood, WA 98036 $3,900,000 May 2025 7,212 SF
21300 68th W, Lynnwood, WA 98036-7310 $500,000 Jul 2024 7,380 SF
5110 196th SW, Lynnwood, WA 98036-6153 $2,450,000 Jul 2024 10,681 SF
6628 212th SW, Lynnwood, WA 98036-7355 $2,500,000 Sep 2022 9,275 SF
6226 196th SW, Lynnwood, WA 98036-5959 $900,000 Jul 2022 6,364 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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