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    Property profile & analytics

    22313 70th W Ave Mountlake Terrace, WA 98043-2162

    • Warehouses
    • 32,420 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    $5,865,000
    Last Sale
    Feb 08, 2022
    $5,950,000
    Location Intelligence
    Property ID
    US90-1179916
    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

    • Rural/Metro Ambulance / Ambulance Service
    • The Nock Point / Archery Range
    • Lori Knight Studios / Art Studio
    • Next Step Archery / Archery Range / Sports Club
    • Specialty Cleaners | Private Label Cleaners / Manufacturer / Cleaning Service

    Property Details for 22313 70th W Ave

    Year built
    1985
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.27 lot acres
    Property size
    32,420 SF
    Zone code
    P5
    Property type
    Warehouses
    APN
    27042900305500
    APU
    27042900305500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,900,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,750,000
      6.5%
      $5,880,000
      7%
      $6,460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,260,000
      Geo Method
      $5,915,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,175,000
      Retail
      $5,640,000
      Mixed-Use
      $6,035,000
      Hospitality
      $6,870,000
      Educational
      $6,225,000
      Residential Income
      $5,705,000
      Energy
      $6,545,000
      Income-Based Land
      $5,655,000
      Food Service
      $4,955,000

    Location Insight

    • Map
    • Local Demand
    City
    Mountlake Terrace
    County
    Snohomish
    State
    Washington
    Longitude
    -122.327
    Latitude
    47.7963
    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
    $41,120
    $1,704,800
    $4,052,200
    $5,757,000
    -
    $1,704,800
    $4,052,200
    $5,757,000

    Comparable in this City

    • Value Estimation by Request
      20,136 SF

      6306 215th SW St

      WAREHOUSE, STORAGE • 20,136 SF
      6306 215th SW St, Mountlake Terrace, WA 98043-6025
      View Details
    • Value Estimation by Request
      26,001 SF

      6601 220th SW St

      WAREHOUSE, STORAGE • 26,001 SF
      6601 220th SW St, Mountlake Terrace, WA 98043-2166
      View Details
    • Value Estimation by Request
      5.31 Acres

      22205 70th W Ave

      MINI-WAREHOUSE, STORAGE • 5.31 Acres
      22205 70th W Ave, Mountlake Terrace, WA 98043-2279
      View Details
    • Value Estimation by Request
      70,300 SF

      21818 66th W Ave

      MINI-WAREHOUSE, STORAGE • 70,300 SF
      21818 66th W Ave, Mountlake Terrace, WA 98043-2170
      View Details
    • Value Estimation
      $1,160,000
      23,550 SF

      21601 66th W Ave

      WAREHOUSE, STORAGE • 23,550 SF
      21601 66th W Ave, Mountlake Terrace, WA 98043-2101
      View Details
    • Value Estimation by Request
      7,678 SF

      6608 220th SW St

      WAREHOUSE, STORAGE • 7,678 SF
      6608 220th SW St, Mountlake Terrace, WA 98043-2120
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.95 Acres

      New Flex Space, I-90 Exit 11

      Modern flex warehouse, ±20,000 SF, I-90 access.
      6002 232Nd Pl, Mountlake Terrace, WA 98043
      View Details
    • $8,000,000
      31,170 SF

      Mountlake Terrace Land For Sale

      Land available in Mountlake Terrace, Washington.
      6810 220Th St SW, Mountlake Terrace, WA 98043
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      Spacious Flat Lot Near Transit

      Large, flat 50,530 SF lot near transit center.
      24205 56Th Ave W, Mountlake Terrace, WA 98043
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    • Contact for pricing

      Mountlake Terrace Development Assemblage Opportunity

      Unique development opportunity near future light rail station.
      6002-6006 232Nd Pl SW, Mountlake Terrace, WA 98043
      View Details
    • $13,800,000

      Mountlake Terrace Office Building

      Office building for sale in Mountlake Terrace, Washington.
      6920 220Th St Southwest, Mountlake Terrace, WA 98043
      View Details
    • Contact for pricing

      Leased Property Redevelopment Potential

      Fully leased commercial property near Mountlake Terrace Light Rail Station.
      5903 244Th St SW, Mountlake Terrace, WA 98043
      View Details

    Similar Nearby for Lease

    • $1.20 SF/Yr
      4,500 SF

      Mountlake Terrace Warehouse Space Available

      4,500 SF warehouse space for lease in Mountlake Terrace.
      6306 215Th St SW, Mountlake Terrace, WA 98043
      View Details
    • $25 SF/Yr
      222,916 SF

      Redstone Corporate Center Two Office Space

      Class A Office Suites in Mountlake Terrace
      6100 219Th St, Mountlake Terrace, WA 98043
      View Details
    • $12 SF/Yr
      9,741 SF

      Mountlake Terrace Office Space Available

      Three-story office building with recent upgrades and ample parking.
      6912 220Th St SW, Mountlake Terrace, WA 98043
      View Details
    • $848 /Mo
      407 SF

      Mountlake Terrace Office Space Available

      Small office space near future Light Rail Station.
      23601-23607 56Th Ave W, Mountlake Terrace, WA 98043
      View Details
    • $15 SF/Yr
      211,042 SF

      Mountlake Terrace Retail Space

      Restaurant Space Available, Prime Location
      23505 56Th Ave, Mountlake Terrace, WA 98043
      View Details
    • $25 SF/Yr
      384 SF

      Mountlake Terrace Office Space Available

      Office space for rent in well-maintained building near light rail.
      22725 44Th Ave W, Mountlake Terrace, WA 98043
      View Details
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    Mountlake Terrace, WA 98043-2162
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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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