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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Gas stations
3609 164th SW St Lynnwood, WA 98087-7017
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-1499121
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Zoning code
SJ
APN
372900300506
UPID
US90-1499121
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
Current use
Occupant on record · Public records
-
WOW TERIYAKI Chinese and korean cuisine Restaurant
-
Shoe repair & alteration (Bike/Boat/Book/etc) Store
-
Manor market lynnwood Grocery & Convenience Store Food Market
-
76 Gas Station
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
Advanced Business Management LLC · 3 yrs held
Advanced Business Management LLC
since 2023
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
SJ · 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
$4,190,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (Jun 1 2023)
Last sale anchor
$4.00M
Jun 1 2023
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
—
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
$1,454
Tax year 2023
Assessed value
$189,800
Assessed 2023
Previous assessed
$144,000
+31.8% YoY
Effective rate
0.77%
On assessed value
Assessed improvement
$189,800
Improvement market value
$189,800
Total market value
$189,800
Applied tax rate
2,446.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Heating
NONE
Zoning code
SJ
APN
372900300506
UPID
US90-1499121
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
SJ · Lynnwood, WA
Zoning SJ · permitted uses
SJ · 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
Heating
NONE
Current owner
From public records · entity-resolved
Advanced Business Management LLC
Entity
Mailing address
3609 164TH ST SW, LYNNWOOD, WA 98087-7017
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
$4,000,000
Advanced Business Management LLC
Veniatony Corporation
Warranty Deed
$4,800,000 · Veniatony Corporation
Feb 28, 2001
$1,800,000
Lee & Joung Corp
Choe,chung K & Michell
Grant Deed
$1,000,000 · Zions First National Bank
Mar 15, 1999
$1,090,000
Chung K Choe
Thiry,gilbert L & Janet M
Grant Deed
$1,250,000 · First Mutual Savings Bank
—
—
Chung K Choe
—
Deed Of Trust
related
$30,000 · Individual
—
—
Chung K Choe
—
Deed Of Trust
related
$150,000 · Fumitaka Kawasaki
—
—
Veniatony Corp
—
Deed Of Trust
related
$2,370,000 · Hanmi Bank
—
—
Chung K Choe
—
Deed Of Trust
related
$49,950 · City 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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