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    Property profile & analytics

    20715 50Th Ave W Lynnwood, WA 98036

    • Drug stores
    • 3,200 SF
    • 0.48 lot acres
    For Lease
    View listing
    $2 SF/Yr
    Value Estimation
    $1,020,000
    Last Sale
    Aug 05, 2020
    $826,135
    Location Intelligence
    Property ID
    US90-1679862
    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

    • Proctor Sales Inc / Mechanical Engineer
    • Combustion & Control / Construction / Professional Services

    Property Details for 20715 50Th Ave W

    Year built
    1966
    Construction
    WOOD
    Lot size
    0.48 lot acres
    Property size
    3,200 SF
    Zone code
    LI
    Property type
    Drug stores
    APN
    619500001000
    APU
    619500001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,065,000

    • CAP approach

      CAP return
      Estimation
      6%
      $905,000
      6.5%
      $855,000
      7%
      $850,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $790,000
      Geo Method
      $855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,005,000
      Retail
      $935,000
      Mixed-Use
      $910,000
      Hospitality
      $910,000
      Educational
      $935,000
      Residential Income
      $925,000
      Energy
      $950,000
      Income-Based Land
      $830,000
      Food Service
      $995,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.3
    Latitude
    47.8109
    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
    $6,522
    $485,000
    $354,800
    $839,800
    -
    $485,000
    $354,800
    $839,800

    Comparable in this City

    • Value Estimation by Request
      13,800 SF

      20725 Hwy 99

      DRUG STORE, PHARMACY • 13,800 SF
      20725 Hwy 99, Lynnwood, WA 98036-7454
      View Details
    • Value Estimation by Request
      16,314 SF

      2518 196th SW St

      DRUG STORE, PHARMACY • 16,314 SF
      2518 196th SW St, Lynnwood, WA 98036-6970
      View Details
    • Value Estimation by Request
      14,224 SF

      19507 Hwy 99

      DRUG STORE, PHARMACY • 14,224 SF
      19507 Hwy 99, Lynnwood, WA 98036-5236
      View Details
    • Value Estimation by Request
      5,662 SF

      19820 44th W Ave

      FINANCIAL BUILDING • 5,662 SF
      19820 44th W Ave, Lynnwood, WA 98036-6727
      View Details
    • Value Estimation by Request
      6,048 SF

      4028 196th SW St

      RETAIL STORES (PERSONAL SERVICES) • 6,048 SF
      4028 196th SW St, Lynnwood, WA 98036-6770
      View Details
    • Value Estimation by Request
      25,154 SF

      4926 196th SW St

      RETAIL STORES (PERSONAL SERVICES) • 25,154 SF
      4926 196th SW St, Lynnwood, WA 98036-6405
      View Details

    Similar Nearby for Sale

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      Three-tenant retail center with high visibility and traffic.
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      Prime Commercial Property Near Lynnwood Link

      3.14 acres near Lynnwood Link Extension, great for redevelopment.
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      Retail Property Near Alderwood Mall

      Retail property conveniently located near highways, transit, and Alderwood Mall.
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      Retail Property Near Highway 99

      Retail property with value-add opportunity near Lynnwood Light Rail.
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    Similar Nearby for Lease

    • $21 SF/Yr
      8,562 SF

      Retail Space in Lynnwood, WA

      Retail property available for lease in Lynnwood, Washington.
      4114 198Th St SW, Lynnwood, WA 98036
      View Details
    • $20 SF/Yr
      3,283 SF

      Retail/Office/Warehouse Space Available

      Retail, office, and warehouse spaces with high visibility.
      5611 196Th St SW, Lynnwood, WA 98036
      View Details
    • $19 SF/Yr
      2,180 SF

      Retail Space Available For Lease

      Former Chiropractic Office, suitable for service retail with good parking.
      6501 196Th St SW, Lynnwood, WA 98036
      View Details
    • Contact for pricing
      20,133 SF

      Retail/Office Building Near Light Rail

      Retail and office building with warehouse space near transit.
      19320 33Rd Ave W, Lynnwood, WA 98036
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    • Contact for pricing
      12,002 SF

      High Visibility Corner Retail Space

      Retail space available in high-traffic Lynnwood location.
      3611 196Th St SW, Lynnwood, WA 98036
      View Details
    • $38 SF/Yr
      2,021 SF

      Retail Space Near Alderwood Mall

      Retail space available in high-traffic Alderwood Towne Center.
      3105-3225 Alderwood Mall Blvd, Lynnwood, WA 98036
      View Details
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    Lynnwood, WA 98036
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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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