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Property profile & analytics
OFF-MARKET
Estimated value
$12,495,000
Apartment buildings
4700 176th SW St, Lynnwood, WA 98037-3419
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1528191
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1969
Construction
WOOD
Total area
63,068 SF
Lot
5.04 ac (219,542 SF)
Zoning code
RMM
APN
372701002500
UPID
US90-1528191
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.50M
Owner & transaction history
Lynnwood Fee Owner LLC · 8 yrs held
Lynnwood Fee Owner LLC
since 2017
6 recorded transactions
Zoning & alternative use
RMM · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,720,000
6.5%
$14,515,000
7%
$13,475,000
Blend value · Realmo final
$12.50M
Range $11.25M – $13.74M · ±10%
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
$198 / SF
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
$221,213
Tax year 2023
Assessed value
$29,008,800
Assessed 2023
Previous assessed
$24,350,000
+19.1% YoY
Effective rate
0.76%
On assessed value
Assessed land
$6,671,800
Assessed improvement
$22,337,000
Land market value
$6,671,800
Improvement market value
$22,337,000
Total market value
$29,008,800
Applied tax rate
452.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
3
Units
120
Rooms
120
Bathrooms
120
Total area
63,068 SF
Lot
5.04 ac (219,542 SF)
Zoning code
RMM
APN
372701002500
UPID
US90-1528191
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
RMM · Lynnwood, WA
Zoning RMM · permitted uses
RMM · 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
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Units
120
Rooms
120
Bathrooms
120
Lot
5.04 ac
Current owner
From public records · entity-resolved
Lynnwood Fee Owner LLC
Entity
Mailing address
15910 VENTURA BLVD STE #1450, ENCINO, CA 91436-2851
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2021
—
Lynnwood Fee Owner LLC
—
Deed
related
—
Oct 30, 2017
$24,000,000
Lynnwood Fee Owner LLC
Green Leaf Cedar Park LLC
Grant Deed
$19,106,000 · Cbre Cap Markets
Oct 1, 2015
$18,202,364
Green Leaf Cedar Park LLC
Cp II Avia LLC
Grant Deed
$11,862,000 · Cbre Cap Markets
Feb 20, 2008
$12,280,000
Cp II Avia LLC
Scandia Investors LLC
Warranty Deed
—
Sep 30, 2005
$6,663,000
Scandia Investors LLC
Fernco Dev Ltd
Warranty Deed
$5,485,000 · Bank Of America
—
—
Cp II Avia LLC
—
Deed Of Trust
related
$11,400,000 · Capmark 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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