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Property profile & analytics
OFF-MARKET
Estimated value
$5,985,000
Warehouses
20917 63rd W Ave Lynnwood, WA 98036-8530
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1702970
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
TYPE NOT SPECIFIED
Total area
48,659 SF
Lot
2.37 ac (103,237 SF)
Zoning code
L4
APN
380200003101
UPID
US90-1702970
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
-
WORLDPAC INC Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.99M
Owner & transaction history
Eagleco LLC · 5 yrs held
Eagleco LLC
since 2021
Last sale
$5.5M
7 recorded transactions
Zoning & alternative use
L4 · 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
$6,415,000
ML approach
$6,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.99M
Range $5.39M – $6.58M · ±10% · vs last sale $5.53M (Mar 31 2021)
Last sale anchor
$5.53M
Mar 31 2021
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
$123 / 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
$88,230
Tax year 2023
Assessed value
$11,768,000
Assessed 2023
Previous assessed
$7,592,000
+55.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$3,279,400
Assessed improvement
$8,488,600
Land market value
$3,279,400
Improvement market value
$8,488,600
Total market value
$11,768,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
48,659 SF
Lot
2.37 ac (103,237 SF)
Zoning code
L4
APN
380200003101
UPID
US90-1702970
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
L4 · Lynnwood, WA
Zoning L4 · permitted uses
L4 · 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
1999
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
2.37 ac
Current owner
From public records · entity-resolved
Eagleco LLC
Entity
Mailing address
PO BOX 5003, LYNNWOOD, WA 98046-5003
Ownership since
2021
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
Mar 31, 2021
—
Eagleco LLC
Lloyd White
Quit Claim Deed
related
—
Jun 2, 2015
$5,525,000
Lloyd White
Limelight LLC
Warranty Deed
$4,625,000 · Regents Bank
Feb 20, 2004
$3,756,236
Limelight LLC
South Hill Associates
Grant Deed
$600,000 · South Hill Associates
Feb 21, 2002
$3,700,000
South Hill Associates
Hounsehll,michael & Susan
Grant Deed
—
May 18, 2001
—
Michael E Hounshell
—
Deed Of Trust
related
$1,000,000 · Advance Capital Xvi LLC
Aug 17, 1998
—
Michael Hounshell
—
Deed Of Trust
related
$2,137,500 · Seafirst Bank
Jun 2, 1998
$345,000
Michael Hounshell
Hjort Trust
Grant Deed
$317,000 · Seller
Dec 1, 1990
$115,000
—
—
Grant Deed
related
$3,450 · Seller
—
—
Limelight LLC
—
Deed Of Trust
related
$4,200,000 · Key Bank NA
—
—
South Hill Associates
—
Deed Of Trust
related
$3,375,000 · Evertrust Bank
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.
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