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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Auto shops
6615 212th SW St Lynnwood, WA 98036-7324
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-1475617
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1965
Construction
CONCRETE
Total area
936 SF
Lot
0.25 ac (10,890 SF)
Zoning code
L6
APN
566800601901
UPID
US90-1475617
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
-
Brake Change Lynnwood Auto Repair Shop
-
Espinoza Auto Repairs LLP Auto Repair Shop
-
Transmission Service Lynnwood Auto Repair Shop
-
QAC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Ketab 1221011 LLC · 5 yrs held
Ketab 1221011 LLC
since 2021
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
L6 · Lynnwood, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$570,000
+27.5%
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
$550,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$445,000
Current use
OFFICE BUILDING
$570,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$365,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $475k (Mar 8 2021)
Last sale anchor
$475k
Mar 8 2021
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
$540 / 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
$3,622
Tax year 2023
Assessed value
$482,000
Assessed 2023
Previous assessed
$421,000
+14.5% YoY
Effective rate
0.75%
On assessed value
Assessed land
$468,900
Assessed improvement
$13,100
Land market value
$468,900
Improvement market value
$13,100
Total market value
$482,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1965
Construction
CONCRETE
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
0
Total area
936 SF
Lot
0.25 ac (10,890 SF)
Zoning code
L6
APN
566800601901
UPID
US90-1475617
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
L6 · Lynnwood, WA
Zoning L6 · permitted uses
L6 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$445,000
OFFICE BUILDING
Est. value
$570,000
MEDICAL BUILDING
Est. value
$365,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.25 ac
Current owner
From public records · entity-resolved
Ketab 1221011 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2255 79TH AVE NE, MEDINA, WA 98039-2338
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2021
$475,000
Ketab 1221011 LLC
Goffette LLC
Bargain And Sale Deed
—
Jul 26, 2011
—
Goffette LLC
Goffette,john A & Patricia M
Quit Claim Deed
related
—
Mar 28, 2005
$355,000
Jack A Goffette
Anderson,larry E & Sandra J
Warranty Deed
—
Feb 18, 2005
$250,000
Duane Landsverk
White,stevan J & Wendy L
Warranty Deed
—
Mar 27, 2000
$153,859
Larry E Anderson
Fourno,frank
Grant Deed
—
Jun 1, 1989
$70,000
—
—
Grant Deed
related
$55,300 · Security Pac Bk
—
—
Larry E Anderson
—
Deed Of Trust
related
$149,900 · Frontier 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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