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    Property profile & analytics

    4010 196th SW St Lynnwood, WA 98036-6715

    • Turn key restaurants
    • 5,739 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    $3,820,000
    Last Sale
    May 05, 2025
    $4,500,000
    Location Intelligence
    Property ID
    US90-1092112
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sno-King Referral Network / Business Development Service
    • The Rock Wood Fired Pizza / Restaurant / American Restaurant

    Property Details for 4010 196th SW St

    Year built
    1974
    Construction
    WOOD
    Lot size
    0.84 lot acres
    Property size
    5,739 SF
    Zone code
    42
    Property type
    Turn key restaurants
    APN
    372600701306
    APU
    372600701306

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,475,000
      6.5%
      $4,795,000
      7%
      $4,120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,735,000
      Geo Method
      $4,425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,825,000
      Retail
      $4,325,000
      Mixed-Use
      $4,010,000
      Hospitality
      $3,815,000
      Educational
      $4,945,000
      Residential Income
      $4,230,000
      Energy
      $4,495,000
      Income-Based Land
      $5,070,000
      Food Service
      $4,375,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.288
    Latitude
    47.8205
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,622
    $1,896,100
    $313,900
    $2,210,000
    -
    $1,896,100
    $313,900
    $2,210,000

    Comparable in this City

    • Value Estimation by Request
      3,823 SF

      4806 196th SW St

      RESTAURANT • 3,823 SF
      4806 196th SW St, Lynnwood, WA 98036-6403
      View Details
    • Value Estimation by Request
      2,130 SF

      4919 196th SW St

      RESTAURANT • 2,130 SF
      4919 196th SW St, Lynnwood, WA 98036-6404
      View Details
    • Value Estimation by Request
      3,364 SF

      4027 196th SW St

      RESTAURANT • 3,364 SF
      4027 196th SW St, Lynnwood, WA 98036-6714
      View Details
    • Value Estimation by Request
      3,608 SF

      19226 Hwy 99

      RESTAURANT • 3,608 SF
      19226 Hwy 99, Lynnwood, WA 98036-5231
      View Details
    • Value Estimation
      $315,000
      2,184 SF

      23607 Brier Rd

      RESTAURANT • 2,184 SF
      23607 Brier Rd, Brier, WA 98036-8438
      View Details
    • Value Estimation
      $370,000
      3,090 SF

      6124 200th SW St

      RESTAURANT • 3,090 SF
      6124 200th SW St, Lynnwood, WA 98036-6005
      View Details

    Similar Nearby for Sale

    • $2,495,000

      Retail Property Near Alderwood Mall

      Retail property conveniently located near highways, transit, and Alderwood Mall.
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    • $11,000,000
      28,560 SF

      Prime Commercial Property Near Lynnwood Link

      3.14 acres near Lynnwood Link Extension, great for redevelopment.
      5026 196Th St SW, Lynnwood, WA 98036
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      8,400 SF

      Lynnwood Retail Center For Sale

      Three-tenant retail center with high visibility and traffic.
      6812-6820 196Th St SW, Lynnwood, WA 98036
      View Details
    • $1,350,000
      2,112 SF

      Remodeled Mixed-Use Building in Lynnwood

      Remodeled commercial/residential building in a fast-growing commercial hub.
      19832 Highway 99, Lynnwood, WA 98036
      View Details
    • $3,200,000
      18,670 SF

      Retail Property Near Highway 99

      Retail property with value-add opportunity near Lynnwood Light Rail.
      5116 196Th St SW, Lynnwood, WA 98036
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      Adaptable Commercial Property Near Freeways

      Versatile 10,614 SF commercial space suitable for various business purposes.
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    Similar Nearby for Lease

    • $20 SF/Yr
      3,283 SF

      Retail/Office/Warehouse Space Available

      Retail, office, and warehouse spaces with high visibility.
      5611 196Th St SW, Lynnwood, WA 98036
      View Details
    • $19 SF/Yr
      2,180 SF

      Retail Space Available For Lease

      Former Chiropractic Office, suitable for service retail with good parking.
      6501 196Th St SW, Lynnwood, WA 98036
      View Details
    • Contact for pricing
      20,133 SF

      Retail/Office Building Near Light Rail

      Retail and office building with warehouse space near transit.
      19320 33Rd Ave W, Lynnwood, WA 98036
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    • $20 SF/Yr
      11,419 SF

      Triton Court: Edmonds Retail/Office

      Prime Edmonds location, retail & office suites.
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    • $21 SF/Yr
      8,562 SF

      Retail Space in Lynnwood, WA

      Retail property available for lease in Lynnwood, Washington.
      4114 198Th St SW, Lynnwood, WA 98036
      View Details
    • Contact for pricing
      39,480 SF

      Lynnwood Retail Space For Lease

      Retail space available in high-traffic Lynnwood shopping center.
      19401 Alderwood Mall Pkwy, Lynnwood, WA 98036
      View Details
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    Lynnwood, WA 98036-6715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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