Financial
Distress signals
Property profile

24015 84Th Ave West Edmonds, WA 98026

FOR LEASE
Other automotive properties
Property ID
US90-2131222
375 SF 0.51 ac lot Built 2015
Last sale Jul 1994 · $305,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial land parcel is configured as a double-corner site with vehicle sales and storage use potential. The lot covers 0.59 acres (approximately 25,700 SF) and has approximately 600 feet of combined frontage across three streets, providing visibility for outdoor yard and related active-use operations. Improvements include a modern office and an existing 25-foot high V-shaped pylon sign. The property is located near major retail and transportation nodes, including Shoreline Costco, Home

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$930k
Assessed land$860k
Assessed improvement$70k
Effective rate0.68%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$386k
Vacancy & credit loss−$29k
Operating expenses−$107k
NOI · 1,426.35% cap applied$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$434/SF
County average, outlier-cleaned · 137 recorded sales of this use type
Observed band · Q1–Q3$189 – $785

Cap rate analysis

How does the asset earn?
1,426.35%
$250k 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?
26
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 agency24.6
Law Firm14.2
Computer & Electronic Repair11.0

Location

24015 84Th Ave West Edmonds, WA 98026
County assessor Recorded deeds · 6 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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