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    Property profile & analytics

    Lynnwood, WA 98087

    • Assisted living facilities
    • 94,392 SF
    • 2.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 20, 2024
    $75,642,857
    Location Intelligence
    Property ID
    US90-2847971
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details

    Year built
    2019
    Construction
    WOOD
    Lot size
    2.24 lot acres
    Property size
    94,392 SF
    Zone code
    LDMR
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    372900200605
    APU
    372900200605

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lynnwood
    County
    Snohomish
    State
    Washington
    Longitude
    -122.288
    Latitude
    47.8537
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $150,612
    $2,147,400
    $16,552,600
    $18,700,000
    -
    $2,147,400
    $16,552,600
    $18,700,000

    Comparable in this City

    • Value Estimation by Request
      110,162 SF

      3333 148th SW St

      HOMES (RETIRED, NURSING) • 110,162 SF
      3333 148th SW St, Lynnwood, WA 98087-5890
      View Details
    • Value Estimation by Request
      2,868 SF

      164th SW St

      HOMES (RETIRED, NURSING) • 2,868 SF
      164th SW St, Lynnwood, WA 98087
      View Details
    • Value Estimation by Request
      40,426 SF

      4015 164th SW St

      HOMES (RETIRED, NURSING) • 40,426 SF
      4015 164th SW St, Lynnwood, WA 98087-6902
      View Details
    • Value Estimation by Request
      11,248 SF

      16006 Ash Way

      MEDICAL BUILDING • 11,248 SF
      16006 Ash Way, Lynnwood, WA 98087-6352
      View Details
    • Value Estimation by Request
      5,347 SF

      3501 Shelby Rd

      MEDICAL BUILDING • 5,347 SF
      3501 Shelby Rd, Lynnwood, WA 98087-3599
      View Details
    • Value Estimation by Request
      0.06 Acres

      Lynnwood, WA 98087

      INDUSTRIAL - VACANT LAND • 0.06 Acres
      Lynnwood, WA 98087
      View Details

    Similar Nearby for Sale

    • $725,000

      Buildable Lot in Prime Location

      16,117 SF lot in Snohomish County, zoned MR.
      4130 148Th St, Lynnwood, WA 98087
      View Details
    • Contact for pricing

      Highway 99 Development Site

      2.76-acre development site with flexible commercial zoning.
      16100 Highway 99, Lynnwood, WA 98087
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    • $150,000

      Profitable Lynnwood Business Opportunity

      Established Food Business - Turnkey Operation
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    • Contact for pricing
      2.76 Acres

      Lynnwood Terrace Development Site

      Prime Highway 99 location, mixed-use potential.
      16100-15900 Highway 99, North Lynnwood, WA 98087
      View Details
    • $2,080,000
      44,867 SF

      Residential Development Site For Sale

      Residential land suitable for townhome or lowrise apartment development.
      16126 Larch Way, Lynnwood, WA 98087
      View Details
    • $2,299,999
      55,321 SF

      Commercially Zoned Lot on Highway

      Commercially zoned 1.27 acre lot on Highway 99.
      15315 Highway 99, Lynnwood, WA 98087
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      2,531 SF

      Retail Space on Highway 99

      Retail space available for lease on Highway 99.
      14920-14928 Highway 99, Lynnwood, WA 98087
      View Details
    • $20 SF/Yr
      2,052 SF

      Class A Office Building

      Professional office building with premier location and ample parking.
      1133 164Th St SW, Lynnwood, WA 98087
      View Details
    • Contact for pricing
      978 SF

      Retail Space in Lynnwood, WA

      Retail space available for lease in Lynnwood, Washington.
      16006-16110 Ash Way, Lynnwood, WA 98087
      View Details
    • $2,100 /Mo

      Highwood Ridge Apartment with Garage

      Two-bedroom apartment in gated community with amenities and garage.
      15026 40Th Ave W, Lynnwood, WA 98087
      View Details
    • $1.35 SF/Yr
      57,778 SF

      Lynnwood Light Industrial Space Available

      9,586 SF light industrial space for lease in Lynnwood.
      12512 Beverly Park Rd, Lynnwood, WA 98087
      View Details
    • Contact for pricing
      49,453 SF

      Newberry Square Retail Space Available

      Lynnwood Retail: 3 Spaces, 842-1186 sq ft
      16108 Ash Way, Lynnwood, WA 98087
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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