The property consists of a 4,200-square-foot commercial building located on a 6,700-square-foot site within the central business district. It is designated as an Opportunity Zone and includes additional site area alongside the existing building. The listed land-use categories include retail, commercial, office, and residential. The site is stated to have no height restrictions and no parking restrictions, and it may be eligible for local and program-based tax and fee reductions, including a B&O…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$5k

Tax billed · 2024

Assessed value · 2023$622k

Assessed land$325k

Assessed improvement$297k

Effective rate0.78%

Value estimate

· Oct 2026

$1.09M

$977k – $1.19M

AI approach$1.05M

CAP approach$965k

Submarket $/SF estimate$1.06M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$343/SF

ZIP average, outlier-cleaned · 48 recorded sales of this use type

Observed band · Q1–Q3$252 – $479

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?

Best fit: Storage Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Storage Facility13.8

Auto Parts Store13.2

HVAC Service11.8

205 Commercial St Bellingham, WA 98225-4409

County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby

Address Sale price Sold Size

400 Commercial, Bellingham, WA 98225-4003 $1,475,000 Oct 2024 4,834 SF

315 Lakeway, Bellingham, WA 98225-5214 $2,200,000 Sep 2024 5,525 SF

1605 Cornwall, Bellingham, WA 98225-4634 $1,595,000 Sep 2023 3,654 SF

1900 D, Bellingham, WA 98225-3249 $1,340,000 Mar 2023 4,492 SF

2509 Cedarwood, Bellingham, WA 98225-1400 $775,000 Aug 2022 3,747 SF

1514 12th, Bellingham, WA 98225-7448 $2,463,915 Jun 2022 5,476 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,325,000

4,492 SF

1900 D St

PROFESSIONAL BUILDING

1900 D St, Bellingham, WA 98225-3249

View Details
Value Estimation
$875,000

3,750 SF

1414 F St

PROFESSIONAL BUILDING

1414 F St, Bellingham, WA 98225-3910

View Details
Value Estimation
$795,000

3,548 SF

1414 Broadway

PROFESSIONAL BUILDING

1414 Broadway, Bellingham, WA 98225-3041

View Details
Value Estimation
$950,000

3,353 SF

1100 11th St

PROFESSIONAL BUILDING

1100 11th St, Bellingham, WA 98225-6628

View Details
Value Estimation
$2,200,000

5,525 SF

315 Lakeway Dr

PROFESSIONAL BUILDING

315 Lakeway Dr, Bellingham, WA 98225-5214

View Details
Value Estimation
$1,495,000

5,953 SF

2618 Maplewood Ave

PROFESSIONAL BUILDING

2618 Maplewood Ave, Bellingham, WA 98225-1377

View Details

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