Property profile

3501 Shelby Rd Lynnwood, WA 98087

OFF-MARKET
Medical Office Space
Property ID
US90-1683880
5,347 SF 0.5 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Construction WOOD
Total area 5,347 SF
Lot 0.5 ac (21,780 SF)
Zoning code GC
APN 570300101700
UPID US90-1683880

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Medical Clinic
  • Physician
  • Physician

Location

3501 Shelby Rd Lynnwood, WA 98087-3599
Lynnwood metro Census 42004 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.21M
Comparable Approach Comparable
$686k
Blend (final) Blend
$985k

Owner & transaction history

since 2019
3 recorded transactions
2019
$1.4M
2013
Price N/A
1994
$660,000

Zoning & alternative use

GC · Lynnwood, WA

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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