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Property profile

4211 Alderwood Mall Blvd Lynnwood, WA 98036

FOR LEASE
Office buildings
Property ID
US90-0998502
21,840 SF 1.32 ac lot Built 1985
Last sale Sep 2019 · $5,000,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
4211 Alderwood Mall Blvd, Lynnwood, WA 98036 For Lease
Contact for pricing 1,266 SF available
4211 Alderwood Mall Blvd, Lynnwood, WA 98036
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Property summary

AI-generated overview

The property includes an office suite configured with 12 private, window-lined offices, two large conference rooms, a kitchen/break area, and a sizable open work area designed to accommodate up to nine workstations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$52k
Tax billed · 2023
Assessed value$6.98M
Assessed land$5.18M
Assessed improvement$1.80M
Effective rate0.75%

Value estimate

· Oct 2026
$6.47M
$5.82M – $7.11M
CAP approach$6.39M
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$5k
Operating expenses−$8k
NOI · 112,745.00% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$609/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$229 – $845

Cap rate analysis

How does the asset earn?
112,745.00%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC-C
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility15.9
Electrical Service12.8
Auto Parts Store12.7

Location

4211 Alderwood Mall Blvd Lynnwood, WA 98036
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5026 196th SW, Lynnwood, WA 98036-6102 $11,000,000 Apr 2025 32,800 SF
19217 36th W, Lynnwood, WA 98036-5751 $27,100,000 Nov 2022 22,973 SF
19221 36th W, Lynnwood, WA 98036-5796 $27,100,000 Nov 2022 22,991 SF
19105 36th W, Lynnwood, WA 98036-5760 $27,100,000 Nov 2022 22,991 SF
19101 36th W, Lynnwood, WA 98036-5759 $27,100,000 Nov 2022 23,033 SF
19203 36th W, Lynnwood, WA 98036-5757 $27,100,000 Nov 2022 23,051 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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