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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Retail properties & Spaces
3429 121st SW St Lynnwood, WA 98087
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US90-0456165
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1990
Construction
WOOD FRAME
Total area
6,720 SF
Lot
1.39 ac (60,548 SF)
Zoning code
SG
APN
538100000600
UPID
US90-0456165
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
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$791k
Blend (final)
Blend
$600k
Owner & transaction history
Eclipse Holdings LLC · 18 yrs held
Eclipse Holdings LLC
since 2007
6 recorded transactions
Zoning & alternative use
SG · 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
Method
Estimation
Statistic approach
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
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
$11,454
Tax year 2023
Assessed value
$1,140,000
Assessed 2023
Previous assessed
$1,028,700
+10.8% YoY
Effective rate
1.00%
On assessed value
Assessed land
$844,300
Assessed improvement
$295,700
Land market value
$844,300
Improvement market value
$295,700
Total market value
$1,140,000
Applied tax rate
2,310.0000
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1990
Construction
WOOD FRAME
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
1
Total area
6,720 SF
Lot
1.39 ac (60,548 SF)
Zoning code
SG
APN
538100000600
UPID
US90-0456165
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SG · Lynnwood, WA
Zoning SG · permitted uses
SG · 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
1990
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Eclipse Holdings LLC
Entity
Mailing address
PO BOX 158, MUKILTEO, WA 98275-0158
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2019
—
Eclipse Holdings LLC
—
Deed
related
$2,690,000 · Washington Trust Bank
Dec 28, 2007
—
Eclipse Holdings LLC
Bosa-grady Rental LLC
Quit Claim Deed
related
$500,623 · Frontier Bank
Apr 14, 2004
—
Snohomish County (wa)
Bosa-grady Rental LLC
Grant Deed
related
—
Apr 16, 2001
—
Bosa-grady Rental LLC
Bosa,vince
Quit Claim Deed
related
$1,300,000 · Frontier Bank
Jun 9, 1998
$287,500
Bosa-grady Rental LLC
Hunsinger,william A
Grant Deed
$230,000 · Frontier Bank
—
—
Bosa-grady Rental LLC
—
Deed Of Trust
related
$577,000 · Frontier Bank
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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