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Property profile

20818 44Th Ave W Lynnwood, WA 98036

FOR LEASE
Office buildings
Property ID
US90-1562935
59,200 SF 3.5 ac lot Built 1990
Last sale May 2004 · $4,620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
20818 44Th Ave W, Lynnwood, WA 98036 For Lease
Contact for pricing 1,076 SF available
20818 44Th Ave W, Lynnwood, WA 98036
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Property summary

AI-generated overview

The property is a commercial space with a total area of 1,076 square feet and is identified by tax ID 27042100407800. It is situated within walking distance of nearby retail establishments, restaurants, and lodging options, and provides convenient access to public transportation as well as proximity to Interstates I-5 and I-405. The site includes parking configured at a ratio of 5.6 stalls per 1,000 square feet of leased area, and the building is served by fiber optic internet service provided by Frontier.

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?
$102k
Tax billed · 2023
Assessed value$13.44M
Assessed land$3.53M
Assessed improvement$9.91M
Effective rate0.76%

Value estimate

· Oct 2026
$13.73M
$12.36M – $15.10M
CAP approach$17.31M
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$4k
Operating expenses−$6k
NOI · 87,113.64% cap applied$19k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$609/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$229 – $845

Cap rate analysis

How does the asset earn?
87,113.64%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
42
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.4
HVAC Service11.6
Nail Salon11.4

Location

20818 44Th Ave W Lynnwood, WA 98036
County assessor Recorded deeds · 6 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
5026 196th SW, Lynnwood, WA 98036-6102 $11,000,000 Apr 2025 32,800 SF
19203 36th W, Lynnwood, WA 98036-5757 $27,100,000 Nov 2022 23,051 SF
19101 36th W, Lynnwood, WA 98036-5759 $27,100,000 Nov 2022 23,033 SF
19221 36th W, Lynnwood, WA 98036-5796 $27,100,000 Nov 2022 22,991 SF
19105 36th W, Lynnwood, WA 98036-5760 $27,100,000 Nov 2022 22,991 SF
4200 194th St Sw, Lynnwood, WA 98036-5611 $15,000,000 Feb 2021 39,037 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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