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Property Description
Prime 0.91 Acre Commercial & Multi-Family Development Site on Hwy 99. Unlock incredible potential along the bustling Highway 99 corridor! This 0.91Acre (39,639 sq. ft.) parcel presents a premier redevelopment opportunity in one of Snohomish County's fastest-growing area. Positioned in a highly versatile commercial and mixed-use zone, this site accommodates a wide array of permitted uses including multi-family apartment complexes, townhomes, retail centers, or medical offices. The predominant value is in the land. Future projects will benefit from massive daily traffic counts, excellent ingress/egress, and unbeatable connectivity near I-5, Swift Bus Rapid Transit, the Lynnwood Light Rail station, and major retail anchors like Costco. An existing 3,192 sq. ft. building on site (sold AS-IS) with connected utilities offers a perfect interim office while securing permits. With Lynnwood's push toward dense, transit-oriented development, this is a strategic acquisition for visionary developers.
Full Property Details
Full Property Details for 18929 Hwy 99
General
- Price: $1,250,000
- Taxes: $7,809 (2026)
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2560569
- Updated: 8/14/2026
- Added to Site: 4 day(s) ago
Location
- Area: 730 - Southwest Snohomish
- County: Snohomish
- Subdivision: Lynnwood
- Driving Directions: From I-5, take Exit 181. Head W on 196th St SW for approx. 1.5 miles. Turn R onto Hwy 99. Continue N for about 0.4 miles. The property will be on your right, just before the 188th St SW intersection.
Utilities
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Brick, Wood
- Roof: Composition
- Year Built: 1960
- Property Condition: Average
Lot Features
- Lot Size (Acres): 0.91
- Lot Size (Sq. Ft.): 39,640
- Lot Size Source: Realist
- Topography: Level, Sloped
- Zoning: Commercial
Financial Considerations
- Tax Amount: $7,809
- Tax Year: 2026
- Terms: Cash
Disclosures and Reports
- Special Conditions: None
- Property ID: 27041600304400
Listed by Josephine S. Lee | JSL Real Estate LLC | (425) 576-8989
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Schools
Schools serving 18929 Hwy 99
School District:Edmonds School District
| Name | Grades | Distance |
|---|---|---|
Cedar Valley Community School 19200 56th Avenue West, Lynnwood, WA 98036 | K-6 | 0.2 mi |
Alderwood Middle School 1132 172nd Street Southwest, Lynnwood, WA 98037 | 7-8 | 3 mi |
Lynnwood High School 18218 North Road, Bothell, WA 98012 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18929 Hwy 99
Date
Details
Price
Change
Source
8/14/2026
Listed
$1,250,000
51.33%
MLS
8/30/2021
Sold
$826,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18929 Hwy 99
Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,809
9%
$966,600
10%
2025
$7,176
15%
$881,600
6%
2023
$6,217
498%
$830,200
-16%
2021
$1,040
-88%
$993,900
—
2022
$8,946
760%
$993,900
5%
2021
$1,040
-5%
$950,600
—
2020
$1,100
-4%
$950,600
—
2019
$1,142
—
$948,500
60%
2018
$1,140
—
$594,600
12%
2017
$1,144
9%
$531,200
20%
2016
$1,047
4%
$442,400
12%
2015
$1,002
-5%
$396,000
—
2014
$1,057
—
$396,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18929 Hwy 99
18929 Highway 99, Lynnwood, WA 98036 (MLS# 2560569) is a Industrial property. 18929 Highway 99 is currently listed for $1,250,000 and was received on August 14, 2026. Want to learn more about 18929 Highway 99? Do you have questions about finding other Industrial real estate for sale in Magnolia Falls? You can browse all Magnolia Falls real estate or contact a Coldwell Banker agent to request more information.

