Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office buildings
7503 196th SW St Lynnwood, WA 98036-5079
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1679567
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1975
Construction
WOOD
Total area
1,332 SF
Lot
0.29 ac (12,632 SF)
Zoning code
43
APN
27041700308600
UPID
US90-1679567
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
-
Lori D. Montilla, LMP Alternative Medicine Practice Spa & Massage Center
-
Pacific Chiropractic Clinic Alternative Medicine Practice
-
Pacific Chiropractic Clinic: Susan Felber D.C. and Brian O'Hea D.C. Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
$390k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
Scr P S · 1 yrs held
Scr P S
since 2025
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
43 · 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
$605,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$420,000
6.5%
$390,000
7%
$360,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $750k (Apr 30 2025)
Last sale anchor
$750k
Apr 30 2025
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
$465 / 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
$4,525
Tax year 2023
Assessed value
$606,000
Assessed 2023
Previous assessed
$539,000
+12.4% YoY
Effective rate
0.75%
On assessed value
Assessed land
$396,300
Assessed improvement
$209,700
Land market value
$396,300
Improvement market value
$209,700
Total market value
$606,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
1,332 SF
Lot
0.29 ac (12,632 SF)
Zoning code
43
APN
27041700308600
UPID
US90-1679567
Jurisdiction
SNOHOMISH
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
43 · Lynnwood, WA
Zoning 43 · permitted uses
43 · 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
1975
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Scr P S
Individual
Mailing address
7503 196TH ST SW, LYNNWOOD, WA 98036-5079
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
—
Scr P S
Cbreyno LLC
Deed
$319,000 · Ameritrust Cdc
Apr 30, 2025
$750,000
Cbreyno LLC
Ohaven LLC
Warranty Deed
$382,625 · Northwest Bank
Nov 12, 2020
—
Ohaven LLC
—
Deed
related
$480,000 · Kitsap Bk
Apr 7, 2005
—
Ohaven LLC
Ohea,brian
Quit Claim Deed
related
—
Aug 26, 2004
$425,000
Ohea,brian
George P Beck
Warranty Deed
$480,000 · Kitsap Bk
Feb 25, 2000
$151,389
George P Beck
Dogwood Estates LLC
Grant Deed
$208,628 · City Bank
Nov 1, 1991
$52,080
Puget Sound National Bank
Unknown
Quit Claim Deed
related
—
—
—
George P Beck
—
Deed Of Trust
related
$205,000 · Chesterfield Mortgage Investor
—
—
Ohaven LLC
—
Loan Modification
related
$480,000 · Kitsap Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7503 196th SW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
