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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Industrial properties
21420 67th W Ave Lynnwood, WA 98036-7331
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0787838
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1953
Construction
WOOD
Total area
4,813 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CG
APN
27042900105100
UPID
US90-0787838
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
-
Paris Plumbing Inc. Plumbing Service General Contractor
-
City Builders Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
James E Paris · 7 yrs held
James E Paris
since 2019
7 recorded transactions
Zoning & alternative use
CG · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
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
$138 / 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
$7,624
Tax year 2023
Assessed value
$1,020,000
Assessed 2023
Previous assessed
$986,000
+3.4% YoY
Effective rate
0.75%
On assessed value
Assessed land
$490,900
Assessed improvement
$529,100
Land market value
$490,900
Improvement market value
$529,100
Total market value
$1,020,000
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
0
Total area
4,813 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CG
APN
27042900105100
UPID
US90-0787838
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CG · Lynnwood, WA
Zoning CG · permitted uses
CG · 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
1953
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.27 ac
Current owner
From public records · entity-resolved
James E Paris
Individual
Mailing address
1052 B AVE S, EDMONDS, WA 98020-4021
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2019
$1,015,000
James E Paris
Gregg,gordon
Warranty Deed
—
Jun 30, 1998
$225,000
Gordon Gregg
Movassaghi,shapoor & Masoumeh
Grant Deed
$180,000 · Washington Mutual Fsb
Apr 1, 1993
$140,000
Shapoor Movassaghi
Unknown
Grant Deed
—
—
—
Gordon Gregg
—
Deed Of Trust
related
$174,000 · Washington Mutual Fsb
—
—
Gordon Gregg
—
Deed Of Trust
related
$150,000 · Prime Pacific Bank NA
—
—
Gordon Gregg
—
Deed Of Trust
related
$248,000 · Wells Fargo Bank West NA
—
—
Gordon Gregg
—
Deed Of Trust
related
$484,445 · Prime Pacific Bank NA
—
—
Gordon Gregg
—
Deed Of Trust
related
$484,445 · Prime Pacific Bank NA
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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