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Property profile & analytics
OFF-MARKET
Automotive properties
3625 148th St Sw Ste A Lynnwood, WA 98087-5577
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-1635603
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2011
Construction
TYPE NOT SPECIFIED
Total area
6,272 SF
Lot
0.63 ac (27,443 SF)
Zoning code
CB
APN
570300200901
UPID
US90-1635603
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
-
Western Union Bank Credit Union
-
Bartell Drugs #06970 Pharmacy
-
The Bartell Drug Co Pharmacy
-
LibertyX Bitcoin ATM Atm
-
CDReload - Online Bitcoin ATM Atm Crypto 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
by Request
Owner & transaction history
Lake Serene Shopping Center Ll · 12 yrs held
Lake Serene Shopping Center Ll
since 2014
Last sale
$13.7M
7 recorded transactions
Zoning & alternative use
CB · 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
$24,510
Tax year 2023
Assessed value
$2,972,400
Assessed 2023
Previous assessed
$2,570,000
+15.7% YoY
Effective rate
0.82%
On assessed value
Assessed land
$896,000
Assessed improvement
$2,076,400
Land market value
$896,000
Improvement market value
$2,076,400
Total market value
$2,972,400
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2011
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
0
Total area
6,272 SF
Lot
0.63 ac (27,443 SF)
Zoning code
CB
APN
570300200901
UPID
US90-1635603
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
CB · Lynnwood, WA
Zoning CB · permitted uses
CB · 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
2011
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.63 ac
Current owner
From public records · entity-resolved
Lake Serene Shopping Center Ll
Individual
Mailing address
13600 MAIN ST, BELLEVUE, WA 98005-3732
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2014
$3,000,000
Lake Serene Shopping Center Ll
Lake Serene Lot 1 Investments
Warranty Deed
—
Jan 4, 2011
$725,000
Lake Serene Lot 1 Investments LLC
Lake Serene Retail Investments LLC
Warranty Deed
related
$1,636,000 · Manufacturers & Traders Trust Co
Nov 25, 2009
—
Lake Serene Retail Invs LLC
—
Deed Of Trust
related
$8,250,000 · First Independent Bank
Feb 15, 2008
$56,292
Lake Serene Retail Invs LLC
Bennett,jerry R
Warranty Deed
$9,600,000 · First Independent Bank
Oct 5, 2007
—
Jerry R Barnett
Barnett,katherine B
Quit Claim Deed
related
—
Oct 5, 2007
$3,368,400
Jerry R Barnett
Sound Publishing INC
Warranty Deed
—
Sep 25, 2006
$2,400,000
Sound Publishing INC
Lee Ents INC
Warranty Deed
—
—
—
Jerry R Barnett
—
Deed Of Trust
related
$3,500,000 · First Independent 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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