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    Property profile & analytics

    405 5th S Ave Edmonds, WA 98020-3402

    • Specialty properties
    • 6,570 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $2,210,000
    Last Sale
    Jul 27, 2023
    $2,169,862
    Location Intelligence
    Property ID
    US90-1759754
    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

    • Beck's Tribute Center / Funeral Home / Cremation Service

    Property Details for 405 5th S Ave

    Year built
    1926
    Construction
    WOOD
    Lot size
    0.45 lot acres
    Property size
    6,570 SF
    Zone code
    E0
    Property type
    Specialty properties
    APN
    434212300100
    APU
    434212300100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,985,000
      6.5%
      $2,275,000
      7%
      $2,280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,305,000
      Geo Method
      $1,880,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,140,000
      Retail
      $1,890,000
      Mixed-Use
      $1,810,000
      Hospitality
      $1,745,000
      Educational
      $1,920,000
      Residential Income
      $2,295,000
      Energy
      $2,015,000
      Income-Based Land
      $2,215,000
      Food Service
      $2,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Edmonds
    County
    Snohomish
    State
    Washington
    Longitude
    -122.377
    Latitude
    47.8079
    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
    $12,889
    $1,465,200
    $412,000
    $1,877,200
    -
    $1,465,200
    $412,000
    $1,877,200

    Comparable in this City

    • Value Estimation by Request
      6.63 Acres

      820 15th SW St

      FUNERAL HOME • 6.63 Acres
      820 15th SW St, Edmonds, WA 98020
      View Details
    • Value Estimation
      $975,000
      1.42 Acres

      23800 104th W Ave

      FUNERAL HOME • 1.42 Acres
      23800 104th W Ave, Edmonds, WA 98020-5707
      View Details
    • Value Estimation by Request
      0.01 Acres

      101 Main St

      VACANT COMMERCIAL LAND • 0.01 Acres
      101 Main St, Edmonds, WA 98020-3131
      View Details
    • Value Estimation by Request
      0.12 Acres

      Edmonds, WA 98020

      INDUSTRIAL - VACANT LAND • 0.12 Acres
      Edmonds, WA 98020
      View Details
    • Value Estimation by Request
      0.07 Acres

      Edmonds, WA 98020

      INDUSTRIAL - VACANT LAND • 0.07 Acres
      Edmonds, WA 98020
      View Details
    • Value Estimation by Request
      0.16 Acres

      Edmonds, WA 98020

      INDUSTRIAL - VACANT LAND • 0.16 Acres
      Edmonds, WA 98020
      View Details

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    Similar Nearby for Lease

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      323 SF

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      Edmonds Waterfront Office/Retail Space

      First floor office/retail space in shell condition near Edmonds waterfront.
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      View Details
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      Edmonds Office/Retail Space Available

      Ground floor office/retail space with parking in Edmonds, WA.
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    • $34 SF/Yr
      5,100 SF

      Downtown Edmonds Unique Building

      Unique building in downtown Edmonds core, suitable for restaurant.
      228 5Th Ave S, Edmonds, WA 98020
      View Details
    • $2,700 /Mo
      1,084 SF

      Edmonds Top Unit Condo

      Two-bedroom condo with natural light, close to amenities.
      232 4Th Ave S, Edmonds, WA 98020
      View Details

    Property Visit Statistics

    • Visits by month
      9.5k
    • Visitors by month
      6.2k
    • Avg Time on site
      16 min
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    405 5th S Ave
    Edmonds, WA 98020-3402
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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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