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Financial
Distress signals
Property profile

20505 Hwy 99 Lynnwood, WA 98036

OFF-MARKET
Other automotive properties
Property ID
US90-0922683
7,066 SF 2.19 ac lot Built 1990
Last sale Jun 2003
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two connected commercial buildings fronting Highway 99. Building at 20515 Highway 99 is a three-story structure originally built as a Mercedes dealership and includes a showroom with a waiting area, private offices, a parts area, and service bays, with shop space configured for automotive-related use. Building at 20505 Highway 99 is a two-story structure originally built for a carpet store and features a grade-level roll-up door and a dock-high loading bay, along with a…

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?
$30k
Tax billed · 2023
Assessed value$3.63M
Assessed land$2.31M
Assessed improvement$1.32M
Effective rate0.82%

Value estimate

· Oct 2026
$860k
$774k – $946k
AI approach$555k
Submarket $/SF estimate$1.17M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$478/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$322 – $769

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
L6
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.5
Storage Facility14.0
Garden Center12.4

Location

20505 Hwy 99 Lynnwood, WA 98036-7451
County assessor Recorded deeds · 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5405 196th SW, Lynnwood, WA 98036-6186 $3,025,000 May 2025 7,656 SF
5009 196th SW, Lynnwood, WA 98036-6101 $700,000 Jan 2024 7,325 SF
2200 196th SW, Lynnwood, WA 98036-7008 $900,000 Feb 2023 4,000 SF
5421 196th SW, Lynnwood, WA 98036-6161 $9,200,000 Nov 2022 11,088 SF
20032 Cedar Vly, Lynnwood, WA 98036-6310 $1,240,000 Jun 2022 9,386 SF
6811 212th SW, Lynnwood, WA 98036-7326 $2,200,000 Feb 2022 8,328 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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