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    Property profile & analytics

    2412 196th SW St Lynnwood, WA 98036-7598

    • Turn key restaurants
    • 4,111 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0451698
    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

    • Subway / Sandwich Shop / Fast Food Restaurant
    • BECU ATM / Atm
    • Shah's Deli & Mart Lynnwood Afghan Store / Grocery Store

    Property Details for 2412 196th SW St

    Year built
    2013
    Construction
    WOOD
    Lot size
    0.40 lot acres
    Property size
    4,111 SF
    Zone code
    42
    Property type
    Turn key restaurants
    APN
    27042300202200
    APU
    27042300202200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.266
    Latitude
    47.8205
    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
    $9,759
    $776,800
    $535,100
    $1,311,900
    -
    $776,800
    $535,100
    $1,311,900

    Comparable in this City

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      3,823 SF

      4806 196th SW St

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      2,130 SF

      4919 196th SW St

      RESTAURANT • 2,130 SF
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      3,364 SF

      4027 196th SW St

      RESTAURANT • 3,364 SF
      4027 196th SW St, Lynnwood, WA 98036-6714
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      3,608 SF

      19226 Hwy 99

      RESTAURANT • 3,608 SF
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      $315,000
      2,184 SF

      23607 Brier Rd

      RESTAURANT • 2,184 SF
      23607 Brier Rd, Brier, WA 98036-8438
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    • Value Estimation
      $370,000
      3,090 SF

      6124 200th SW St

      RESTAURANT • 3,090 SF
      6124 200th SW St, Lynnwood, WA 98036-6005
      View Details

    Similar Nearby for Sale

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      Retail property conveniently located near highways, transit, and Alderwood Mall.
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      Prime Commercial Property Near Lynnwood Link

      3.14 acres near Lynnwood Link Extension, great for redevelopment.
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      Remodeled Mixed-Use Building in Lynnwood

      Remodeled commercial/residential building in a fast-growing commercial hub.
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      Retail Property Near Highway 99

      Retail property with value-add opportunity near Lynnwood Light Rail.
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    Similar Nearby for Lease

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      3,283 SF

      Retail/Office/Warehouse Space Available

      Retail, office, and warehouse spaces with high visibility.
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    • $19 SF/Yr
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      Retail Space Available For Lease

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      20,133 SF

      Retail/Office Building Near Light Rail

      Retail and office building with warehouse space near transit.
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      Triton Court: Edmonds Retail/Office

      Prime Edmonds location, retail & office suites.
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      Retail Space in Lynnwood, WA

      Retail property available for lease in Lynnwood, Washington.
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    • Contact for pricing
      39,480 SF

      Lynnwood Retail Space For Lease

      Retail space available in high-traffic Lynnwood shopping center.
      19401 Alderwood Mall Pkwy, Lynnwood, WA 98036
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    Property Visit Statistics

    • Visits by month
      9.0k
    • Visitors by month
      6.5k
    • Avg Time on site
      24 min
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    Lynnwood, WA 98036-7598
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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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