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    Property profile & analytics

    22604 Edmonds Way Edmonds, WA 98020

    • Medical offices
    • 2,110 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $745,000
    Last Sale
    Jan 13, 2022
    $750,000
    Location Intelligence
    Property ID
    US90-0773945
    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

    • Medical offices

    Property Details for 22604 Edmonds Way

    Year built
    1938
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    2,110 SF
    Zone code
    E1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    27032500310500
    APU
    27032500310500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $745,000

    • CAP approach

      CAP return
      Estimation
      6%
      $715,000
      6.5%
      $810,000
      7%
      $805,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $775,000
      Geo Method
      $745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $715,000
      Retail
      $865,000
      Mixed-Use
      $800,000
      Hospitality
      $665,000
      Educational
      $795,000
      Residential Income
      $665,000
      Energy
      $730,000
      Income-Based Land
      $655,000
      Food Service
      $735,000

    Location Insight

    • Map
    • Local Demand
    City
    Edmonds
    County
    Snohomish
    State
    Washington
    Longitude
    -122.372
    Latitude
    47.7939
    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
    $4,590
    $345,500
    $321,600
    $667,100
    -
    $345,500
    $321,600
    $667,100

    Comparable in this City

    • Value Estimation
      $845,000
      1,491 SF

      22815 100th W Ave

      MEDICAL BUILDING • 1,491 SF
      22815 100th W Ave, Edmonds, WA 98020-5919
      View Details
    • Value Estimation by Request
      2,120 SF

      131 3rd N Ave

      MEDICAL BUILDING • 2,120 SF
      131 3rd N Ave, Edmonds, WA 98020-3208
      View Details
    • Value Estimation
      $800,000
      1,403 SF

      547 Main St

      MEDICAL BUILDING • 1,403 SF
      547 Main St, Edmonds, WA 98020-3149
      View Details
    • Value Estimation by Request
      2,526 SF

      613 5th S Ave

      MEDICAL BUILDING • 2,526 SF
      613 5th S Ave, Edmonds, WA 98020-3452
      View Details
    • Value Estimation
      $455,000
      1,820 SF

      545 Main St Sta, Unit A

      MEDICAL BUILDING • 1,820 SF
      545 Main St Sta, Edmonds, WA 98020-3149
      View Details
    • Value Estimation
      $335,000
      1,495 SF

      9529 244th SW St

      MEDICAL BUILDING • 1,495 SF
      9529 244th SW St, Edmonds, WA 98020-6527
      View Details

    Similar Nearby for Sale

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    • $695,000
      1,204 SF

      Duplex-Style Townhouse on Large Lot

      Spacious duplex-style townhouse with private backyard and condo living ease.
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      Edmonds Way Land Opportunity

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    • $900,000

      Edmonds Way Development Opportunity

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    Similar Nearby for Lease

    • $29 SF/Yr
      2,050 SF

      Downtown Edmonds Standalone Office Building

      2,050 SF standalone office building in the heart of Edmonds.
      146 3Rd Ave S, Edmonds, WA 98020
      View Details
    • $30 SF/Yr
      323 SF

      Edmonds Office Space For Rent

      Open office space available for lease in Edmonds, Washington.
      611 Main St, Edmonds, WA 98020
      View Details
    • $30 SF/Yr
      1,489 SF

      Edmonds Office/Retail Space Available

      Ground floor office/retail space with parking in Edmonds, WA.
      110 3Rd Ave N, Edmonds, WA 98020
      View Details
    • Contact for pricing
      910 SF

      Edmonds Office Space For Rent

      910 SF office space near Edmonds city center.
      550 5Th Ave S, Edmonds, WA 98020
      View Details
    • $1,900 /Mo
      607 SF

      Edmonds Waterfront Open Office Space

      Small office space near the beach and downtown Edmonds.
      111 Sunset Ave N, Edmonds, WA 98020
      View Details
    • $35 SF/Yr
      1,524 SF

      Edmonds Waterfront Office Space Available

      Office space in downtown Edmonds with waterfront views for rent.
      300 Admiral Way, Edmonds, WA 98020
      View Details
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    Edmonds, WA 98020
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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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