North Lynnwood, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in North Lynnwood, Washington Market population: 18K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For North Lynnwood WA Properties: 0.7900%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For North Lynnwood WA
Common questions from investors exploring commercial real estate in North Lynnwood WA.
What is the overall investment potential of North Lynnwood, WA?
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The combination of a relatively low poverty rate of 8.5%, high health insurance coverage of 91.2%, and a strong median household income of $63,419 suggests a stable investment market in North Lynnwood, WA, with a diverse population and top industries like Retail Trade and Healthcare & Social Assistance driving demand.
How does the commute time and transportation infrastructure impact the rental market?
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The average commute time of 29.4 minutes and top commute methods including driving alone, working from home, and carpooling indicate a solid infrastructure for renters, while the high access to vehicles at 92.1% and internet at 95.6% further supports the quality of life for residents, making it an attractive location for renters and investors alike.
What role does ethnic diversity play in the local real estate market?
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The diverse population with top ethnicities including White, White Non-Hispanic, and Asian, combined with a foreign-born rate of 34.1%, suggests a culturally rich and potentially resilient market, with the top industries of Retail Trade, Healthcare & Social Assistance, and Accommodation & Food Services catering to a wide range of residents and workers.
How do property values and taxes impact the investment landscape?
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The median property value of $283,400 and median property taxes of $3,234, along with a homeownership rate of 46.2%, indicate a relatively stable and affordable housing market, while the median gross rent of $1,444 and rent burden of 31.4% suggest opportunities for rental income and long-term appreciation.
What are the key factors influencing market demand and stability in North Lynnwood, WA?
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The combination of a strong employed population of 10,395, low poverty rate of 8.5%, and high health insurance coverage of 91.2%, along with the diverse top industries and ethnicities, suggests a stable and growing market with solid demand, while the GINI coefficient of 0.38 indicates a relatively low level of income inequality, further supporting market stability and investment potential.
North Lynnwood WA Real Estate & City Facts
Key facts and real estate information about North Lynnwood WA.
What are some of the best neighborhoods to live in North Lynnwood?
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Some of the best neighborhoods to live in North Lynnwood include Alderwood Manor, which is known for its peaceful and family-friendly atmosphere, and other neighborhoods like Halls Lake, Lake Serene, and Meadowdale. These areas offer a range of housing options and are close to local amenities and attractions.
What are some fun things to do in North Lynnwood?
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There are plenty of fun things to do in North Lynnwood, including visiting the nearby Edmonds Waterfront, which has nice restaurants and a beautiful beach, or checking out the Alderwood Manor, which has a range of shops and eateries. You can also visit the Chihuly Garden and Glass, Space Needle, or Pike Place Market, which are all within a short drive. If you're looking for outdoor activities, there are several parks and trails in the area, such as the Interurban Trail or the Lynnwood Park.
What is the food scene like in North Lynnwood?
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The food scene in North Lynnwood is diverse and offers a range of options, from fine dining to casual eateries. Some popular restaurants in the area include Indigo Kitchen and Ale House, The Keg Steakhouse + Bar, and Wild Wasabi Japanese Cuisine. There are also plenty of great food trucks and cafes, such as Kona Kitchen and Bistro 76 Cafe & Catering. If you're looking for something specific, you can try Rinconcito Peruano Restaurant for Peruvian cuisine or Lasa Sandwiches and Pearls for Vietnamese food.
What are the pros and cons of living in North Lynnwood?
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The pros of living in North Lynnwood include its convenient location, with easy access to Seattle and other surrounding cities, as well as its range of outdoor recreational opportunities and cultural attractions. However, some cons include the area's relatively high cost of living and traffic congestion. Additionally, some residents have noted that the area can feel a bit suburban and lacking in nightlife or entertainment options. Overall, North Lynnwood is a great option for those who want a balance of convenience, outdoor activities, and a relatively quiet atmosphere.
Is North Lynnwood a good place to live?
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North Lynnwood can be a good place to live, depending on your individual preferences and priorities. It offers a range of benefits, including a convenient location, outdoor recreational opportunities, and a relatively quiet atmosphere. However, it may not be the best fit for those who are looking for a more urban or lively environment. Ultimately, whether North Lynnwood is a good place to live will depend on your specific needs and lifestyle. It's worth doing some research and visiting the area to get a sense of whether it's a good fit for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For North Lynnwood WA Commercial Property: $63,419
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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