Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$17,785,000
Hotels
20610 44th W Ave Lynnwood, WA 98036-7701
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0755431
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1992
Construction
STEEL FRAME
Total area
194,284 SF
Lot
4.54 ac (197,762 SF)
Zoning code
PCD
APN
27042100405800
UPID
US90-0755431
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
-
Embassy Suite Gift Shop (Bike/Boat/Book/etc) Store
-
CASCADES Lynnwood Restaurant
-
Embassy Suites by Hilton Seattle North Lynnwood Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.49M
Comparable Approach
Comparable
$20.13M
Blend (final)
Blend
$17.79M
Owner & transaction history
Lynwood Lodging LLC · 1 yrs held
Lynwood Lodging LLC
since 2025
Last sale
$16.5M
7 recorded transactions
Zoning & alternative use
PCD · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$13,315,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,365,000
6.5%
$22,490,000
7%
$20,885,000
Blend value · Realmo final
$17.79M
Range $16.01M – $19.56M · ±10% · vs last sale $16.50M (Feb 25 2025)
Last sale anchor
$16.50M
Feb 25 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$264,350
Tax year 2023
Assessed value
$34,891,000
Assessed 2023
Previous assessed
$32,000,000
+9.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$4,524,700
Assessed improvement
$30,366,300
Land market value
$4,524,700
Improvement market value
$30,366,300
Total market value
$34,891,000
Applied tax rate
452.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
YES
Cooling
NONE
Stories
5
Total area
194,284 SF
Lot
4.54 ac (197,762 SF)
Zoning code
PCD
APN
27042100405800
UPID
US90-0755431
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
PCD · Lynnwood, WA
Zoning PCD · permitted uses
PCD · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
5
Lot
4.54 ac
Current owner
From public records · entity-resolved
Lynwood Lodging LLC
Entity
Mailing address
4600 FULLER DR #100, IRVING, TX 75038-6551
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
$16,500,000
Lynwood Lodging LLC
44th Avenue Hotel Fee LLC
Bargain & Sale Deed
—
Dec 13, 2019
—
44th Avenue Hotel Fee LLC
—
Grant Deed
related
$124,740,000 · Bank Of America
Dec 6, 2018
$35,790,399
44th Avenue Hotel Fee LLC
Fo Lynwood Property LLC
Grant Deed
$105,100,000 · Other Institutional Lenders
Dec 21, 2017
—
Fo Lynnwood Property LLC
—
Loan Modification
related
$190,000,000 · Other Institutional Lenders
Mar 10, 2017
—
Fo Lynnwood Property LLC
—
Loan Modification
related
$180,000,000 · Other Institutional Lenders
Jan 30, 2014
—
Fo Lynnwood Property LLC
Nesbitt Lynnwood Property LLC
Quit Claim Deed
related
—
Jan 9, 2006
—
Nesbitt Lynnwood Property LLC
—
Deed Of Trust
related
$187,500,000 · Greenwich Capital Fin'l INC
Jul 13, 2004
—
Nesbitt Lynnwood Property LLC
Lynnwood 44th Ave West Assoc
Quit Claim Deed
related
$90,000,000 · German American Capital Corp
Feb 1, 1991
$1,825,000
Lynnwood 44th Ave W Assoc
Unknown
Grant Deed
—
—
—
Fo Lynnwood Property LLC
—
Deed Of Trust
related
$154,000,000 · Parlex 1 Fin LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20610 44th W Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
