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Property profile & analytics
OFF-MARKET Estimated value $1,400,000
Auto shops

20415 Hwy 99 Lynnwood, WA 98036-7449

3,097 SF 0.29 ac lot Built 1976
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US90-0873437
Property summary
AI-generated overview

This exceptional 3,097 square foot auto shop building presents a rare opportunity in Lynnwood's thriving auto-mall area. Situated on a highly visible, signalized corner lot spanning 0.29 acres, the property boasts unmatched exposure and convenient access with two curb cuts. The building features six grade-level shop bays, including one high-bay, ideal for a variety of automotive or light industrial uses. A smaller, approximately 250 square foot sales office with a retail counter is also included. The building's ceiling height ranges from 16 to 18 feet, offering ample space and functionality. Existing monument signage further enhances visibility and brand recognition. The property is zoned CG in Lynnwood, WA, and its location offers significant potential for continued use as an auto shop or repurposing into various businesses, including office space or retail. This is a truly unique opportunity to acquire a well-established property in a prime location with excellent visibility and accessibility. The asking price is $1,550,000. The property's APN is 00564100000601.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1976
Construction TYPE NOT SPECIFIED
Total area 3,097 SF
Lot 0.29 ac (12,632 SF)
Zoning code L6
APN 564100000601
UPID US90-0873437
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
  • Dan Fast Muffler & Brake Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.40M
Owner & transaction history
Daily Deals Auto Sales LLC · 1 yrs held
Daily Deals Auto Sales LLC
since 2024
Last sale
$1.4M
3 recorded transactions
2024
$1.4M
2018
$281
2016
Price N/A
Zoning & alternative use
L6 · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.9M +27.5%
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