4820 196th Street SW
Lynnwood, WA 98036
- – beds
- – baths
- – sqft
- ~1 acre lot
Vacant Land (0.91 Acres) on 196th St - Transit Oriented Development, Former Alfy's Pizza. Mostly level and cleared and blocks from Light Rail Station (0.3 miles). Located within Opportunity Zone allowing deferred-reduced-excluded gains taxes and eligible for Heritage Community Development Loan ($15MM). Recently upzoned to PCD (Planned Commercial Development), allowing residential mixed use. No height or parking requirements. Ideal for 5/2 podium construction with ground level retail. City to complete new zoning & design standards by May 2025. Property is priced for developer terms. Will negotiate for quicker closing.
Last checked:
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Last updated Mar 28, 2025
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MLS# 2345442 —
The Building
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Building Name:Wallene Interurban Tr
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Structure Type:Industrial
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Building Area Units:Square Feet
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.82051
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Longitude:-122.298754
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Directions:From HWY 99 take 196th St east to 48th St. Property is on the south side of the street and is securely fenced.
The Property
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Property Type:Land
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Property Subtype:Land
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Property Features:Lightly Treed,Partially Cleared
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Parcel Number:00608400200103
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Lot Number:1
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Lot Features:Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Dimensions:293x139
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Lot Size Acres:0.91
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Lot Size SqFt:39640
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Lot Size Source:Sno Co Tax record
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Zoning Description:Multi-Family,Office,Retail
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Zoning Jurisdiction:City
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Electric On Property:true
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View:false
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Waterfront:false
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Road Surface:Paved
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Road Information:Paved
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Possible Use:Multi-Family, Office, Retail
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Zoning:PCD
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 527-5250
- Office phone:
- (206) 527-5250
Taxes
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Tax Year:2024
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Tax Annual Amount:13918
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:false
Utilities
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Utilities:Electricity Connected, Natural Gas Available
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Water Source:On Property
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Sewer:On Property
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Electricity Status:On Property
Schools
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Elementary School:Cedar Vly Community
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Middle Or Junior School:Alderwood Mid
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High School:Lynnwood High
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High School District:Edmonds
The Community
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Subdivision Name:Lynnwood
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Senior Community:false
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Association:false
Parking
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Carport:false
Listing courtesy of NWMLS / Windermere RE Greenwood
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/17/25
Mar 17, 2025
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Listed / Active | NWMLS | $5,500,000 |