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Property profile & analytics
FOR LEASE
Retail space
3105 Alderwood Mall Blvd Lynnwood, WA 98036
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0607698
No photos on file
For Lease
$6,400/Mo
3105 Alderwood Mall Blvd, Lynnwood, WA 98036
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
31,912 SF
Lot
7.39 ac (321,908 SF)
Zoning code
LA
APN
372600100407
UPID
US90-0607698
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tw Alderwood LLC · 4 yrs held
Tw Alderwood LLC
since 2022
Last sale
$170,000
7 recorded transactions
Zoning & alternative use
LA · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lynnwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$179,527
Tax year 2023
Assessed value
$23,629,400
Assessed 2023
Previous assessed
$21,288,400
+11.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$10,521,000
Assessed improvement
$13,108,400
Land market value
$10,521,000
Improvement market value
$13,108,400
Total market value
$23,629,400
Applied tax rate
452.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Total area
31,912 SF
Lot
7.39 ac (321,908 SF)
Zoning code
LA
APN
372600100407
UPID
US90-0607698
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LA · Lynnwood, WA
Zoning LA · permitted uses
LA · Lynnwood, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
7.39 ac
Current owner
From public records · entity-resolved
Tw Alderwood LLC
Entity
Mailing address
10423 MAIN ST STE #4, BELLEVUE, WA 98004-5925
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
$32,700,000
Tw Alderwood LLC
Alderwood Shopping Center 04 E LLC
Special Warranty Deed
$14,800,000 · Ega Americas Investments LLC
Feb 11, 2020
—
City Of Lynnwood
Alderwood Shopping Ctr 04 LLC
Warranty Deed
—
Feb 9, 2017
—
Alderwood Shopping Center 04 E
—
Deed
related
$195,000 · Benefit Street Ptrs Cre Fin Ll
Jan 4, 2007
—
Alderwood Shopping Ctr 04 E Ll
Alderwood Shopping Center 04 A
Quit Claim Deed
—
Jun 30, 2004
$1,925,000
Alderwood Shopping Center LLC
Alderwood Improvements LLC
Grant Deed
related
$1,522,500 · General Electric Capital Corp
Jul 30, 1999
$189,720
Alderwood Improvements LLC
Stomad Partners LP
Grant Deed
related
$71,000,000 · Morgan Guaranty Trust Co Ny
Feb 6, 1998
$1,054,700
Stomad Partners LLC
Krupp Cash Plus II LP
Grant Deed
related
$86,000,000 · Lehman Capital Corp
Sep 1, 1986
$1,876,906
—
—
Grant Deed
related
—
—
—
Alderwood Shopping Center 04 E
—
Deed Of Trust
related
$195,000 · Benefit Street Ptrs Cre Fin Ll
—
—
Alderwood Shopping Center LLC
—
Deed Of Trust
related
$15,225,000 · General Electric Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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