Financial
Distress signals
Property profile

622 5th S Ave Edmonds, WA 98020

OFF-MARKET
Retail space
Property ID
US90-0667196
2,550 SF 0.16 ac lot Built 1969
Last sale Oct 2007 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This thriving restaurant and bar, located in the heart of downtown Edmonds, Washington, presents a unique opportunity for a savvy investor. Priced at $75,000, this established business boasts a prime location at 622 5th Ave S, Edmonds, WA 98020, within Snohomish County. The property encompasses a single, two-story building with a total of 1,734 square feet. The layout includes a cozy main floor bar and dining area, a fully equipped kitchen, and additional kitchen/prep space on the second

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$1.02M
Assessed land$722k
Assessed improvement$298k
Effective rate0.69%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$330k
CAP approach$555k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$291/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$150 – $489
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
E0
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop10.5
Pharmacy10.3
Dry Cleaner9.4

Location

622 5th S Ave Edmonds, WA 98020-3404
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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