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Financial
Distress signals
Property profile

23611 Hwy 99 Edmonds, WA 98026

OFF-MARKET
Office buildings
Property ID
US90-1761323
15,860 SF 0.6 ac lot Built 1979
Last sale Mar 2021 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Sunset Building, located at 23611 Hwy 99 in Edmonds, WA 98026, offers exceptional executive office space for lease. This Class B building, totaling 22,251 square feet, underwent renovations in 2000 and sits on a 1.8-acre lot. The building features three stories and provides ample parking with 82 spaces (a ratio of 3.5 per 1,000 square feet). Modern conveniences include elevators. Currently, 5,189 square feet of space is available, divisible into units ranging from 2,210 to 2,979…

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?
$21k
Tax billed · 2023
Assessed value$2.87M
Assessed land$979k
Assessed improvement$1.89M
Effective rate0.72%

Value estimate

· Oct 2026
$2.15M
$1.93M – $2.36M
AI approach$2.17M
Submarket $/SF estimate$2.15M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$387/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$242 – $539

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CG
District is to encourage economic vitality through businesses, investment, redevelopment, and efficient use of land
General categoryCOMMERCIAL
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 agency25.8
Law Firm16.0
Hair Salon11.3

Location

23611 Hwy 99 Edmonds, WA 98026
County assessor Recorded deeds · 6 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
18603 76th W, Edmonds, WA 98026-5808 $7,680,000 Apr 2024 12,734 SF
20905 70th W, Edmonds, WA 98026-7201 $3,500,000 Dec 2021 13,892 SF
21214 82nd W, Edmonds, WA 98026-7432 $350,000 Oct 2021 2,199 SF
21010 70th W, Edmonds, WA 98026-7202 $1,465,000 Jan 2021 6,840 SF
7229 212th SW, Edmonds, WA 98026-7736 $2,700,000 Apr 2020 11,520 SF
21431 72nd W, Edmonds, WA 98026-7702 $2,111,500 Feb 2020 7,556 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
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