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    Property profile & analytics

    20420 56th W Ave Lynnwood, WA 98036-7627

    • Warehouses
    • 43,029 SF
    • 2.30 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 05, 2024
    Location Intelligence
    Property ID
    US90-1206081
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • AdvanTac Technologies / Manufacturer

    Property Details for 20420 56th W Ave

    Year built
    2001
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.30 lot acres
    Property size
    43,029 SF
    Zone code
    L7
    Property type
    Warehouses
    APN
    27042100300600
    APU
    27042100300600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.309
    Latitude
    47.8133
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $74,999
    $3,086,000
    $6,896,000
    $9,982,000
    -
    $3,086,000
    $6,896,000
    $9,982,000

    Comparable in this City

    • Value Estimation by Request
      3.33 Acres

      19800 Birch Way

      WAREHOUSE, STORAGE • 3.33 Acres
      19800 Birch Way, Lynnwood, WA 98036-9120
      View Details
    • Value Estimation by Request
      16,625 SF

      4600 196th SW St

      MINI-WAREHOUSE, STORAGE • 16,625 SF
      4600 196th SW St, Lynnwood, WA 98036-5515
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    • Value Estimation by Request
      121,164 SF

      2215 196th SW St

      MINI-WAREHOUSE, STORAGE • 121,164 SF
      2215 196th SW St, Lynnwood, WA 98036-7007
      View Details
    • Value Estimation
      $5,320,000
      8,192 SF

      20610 48th W Ave

      WAREHOUSE, STORAGE • 8,192 SF
      20610 48th W Ave, Lynnwood, WA 98036-7607
      View Details
    • Value Estimation
      $1,485,000
      6,220 SF

      21009 63rd W Ave

      WAREHOUSE, STORAGE • 6,220 SF
      21009 63rd W Ave, Lynnwood, WA 98036-8557
      View Details
    • Value Estimation
      $6,080,000
      48,659 SF

      20917 63rd W Ave

      WAREHOUSE, STORAGE • 48,659 SF
      20917 63rd W Ave, Lynnwood, WA 98036-8530
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
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    • $1.40 SF/Yr
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      Industrial Space Near I-5 & Hwy 99

      3,000 SF industrial space with easy highway access.
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    • $22,600
      15,398 SF

      Lynnwood Freestanding Flex Building

      Freestanding flex building with office and warehouse space for lease.
      6521 212Th St SW, Lynnwood, WA 98036
      View Details
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    20420 56th W Ave
    Lynnwood, WA 98036-7627
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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