Financial
Distress signals
Property profile

1616 Cornwall Ave Bellingham, WA 98225

OFF-MARKET
Investment properties
Property ID
US90-0729417
67,964 SF 2.33 ac lot Built 1949
Last sale Jun 2022 · $9,725,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$71k
Tax billed · 2024
Assessed value · 2023$9.07M
Assessed land$2.44M
Assessed improvement$6.63M
Effective rate0.78%

Value estimate

· Sep 2026
$11.67M
$10.50M – $12.83M
AI approach$11.42M
CAP approach$13.27M
Sales comparison$13.82M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$162 – $451

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?
CC
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 Facility11.6
HVAC Service11.3
Auto Parts Store10.3

Location

1616 Cornwall Ave Bellingham, WA 98225-4648
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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Bellwether, Bellingham, WA 98225-2961 $30,000,000 Jan 2023 87,776 SF
3000 Illinois, Bellingham, WA 98225-1572 $1,130,000 Sep 2019 37,800 SF
311 Holly, Bellingham, WA 98225-4732 $2,300,000 Jul 2019 18,480 SF
1000 Astor, Bellingham, WA 98225-2977 $7,625,000 Apr 2019 23,340 SF
1224 Cornwall, Bellingham, WA 98225-5029 $9,487,191 Jan 2019 66,870 SF
1314 Cornwall, Bellingham, WA 98225 $1,050,000 Oct 2018 40,831 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
6 properties of the same type nearby
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