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Property profile & analytics
OFF-MARKET Estimated value $1,205,000
Automotive properties

5710 196th SW St Lynnwood, WA 98036-6108

24,010 SF 2.07 ac lot Built 1967
Entity Owned 25-yr Hold Free & Clear
Property ID
US90-0792768
Property summary
AI-generated overview

This exceptional retail property, located at 5710 196th St SW in Lynnwood, Washington, presents a significant opportunity for a single tenant. Boasting a substantial 24,010 square feet of space, this building sits on a generous 2.07-acre lot, providing ample room for expansion or outdoor amenities. Constructed in 1967, the property is zoned HMU (Highway Mixed Use), offering flexibility for a variety of commercial uses. The ample parking lot accommodates 135 vehicles, ensuring convenient access for customers and employees. The property's location in Lynnwood, Washington, 98036, offers excellent visibility and accessibility, with convenient access to major transportation routes. The entire building is currently vacant, presenting a blank canvas for a new business to establish its presence. The property's Assessed Parcel Number (APN) is 005653-000-003-00, and it is situated in Snohomish County. This is a rare opportunity to acquire a large, well-located retail space with significant potential. The property's size and zoning make it ideal for a variety of businesses seeking a prominent location in a thriving community.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1967
Construction TYPE NOT SPECIFIED
Total area 24,010 SF
Lot 2.07 ac (90,169 SF)
Zoning code 42
APN 565300000300
UPID US90-0792768
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
  • Restroom Public Wheelchair-Accessible Bathroom
  • Big Lots Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.21M
Owner & transaction history
Pacific Resources Associates · 25 yrs held
Pacific Resources Associates
since 2001
Last sale
$1,364
2 recorded transactions
2001
Price N/A
1991
$1.1M
Zoning & alternative use
42 · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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