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Property profile

21827 76Th Ave W Edmonds, WA 98026

FOR SALE
Medical Office Space
Property ID
US90-0594678
9,407 SF 0.53 ac lot Built 1989
Last sale Jan 2006 · $1,455,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property is located adjacent to the Swedish Edmonds Campus and the UW Medicine Heart Institute, within a trade corridor that includes nearby restaurants and retail businesses. The space is set within a well-maintained professional building and is configured with a functional floor plan. It provides both covered and surface parking options, and features monument and directory signage. The property has convenient access to Highway 99 and I-5, and the available area is approximately 2,281 square feet.

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?
$24k
Tax billed · 2023
Assessed value$3.51M
Assessed land$778k
Assessed improvement$2.73M
Effective rate0.68%

Value estimate

· Oct 2026
$1.87M
$1.68M – $2.06M
CAP approach$2.12M
NOI build-up
Gross scheduled income$356k
Vacancy & credit loss−$47k
Operating expenses−$77k
NOI · 3.74% cap applied$232k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$390/SF
County average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$302 – $521

Cap rate analysis

How does the asset earn?
3.74%
$232k 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?
E8
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.6
Clothing Store11.8
Furniture Store11.5

Location

21827 76Th Ave W Edmonds, WA 98026
County assessor Recorded deeds · 8 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8420 196th SW, Edmonds, WA 98026-6312 $750,000 Jul 2024 1,416 SF
7125 224th SW, Edmonds, WA 98026-8397 $1,910,000 Dec 2023 7,358 SF
23713 Edmonds, Edmonds, WA 98026-8977 $1,200,000 Oct 2021 2,623 SF
23700 Edmonds, Edmonds, WA 98026-8978 $800,000 Oct 2021 1,250 SF
7614 195th SW, Edmonds, WA 98026-6260 $2,300,000 Apr 2021 6,833 SF
21401 72nd W, Edmonds, WA 98026-7702 $1,186,047 Dec 2019 81,942 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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