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    Property profile & analytics

    310 Iowa St Bellingham, WA 98225

    • Warehouses
    • 1,056 SF
    • 0.08 lot acres
    For Sale
    View listing
    $535,000
    Value Estimation
    Location Intelligence
    Property ID
    US90-1255682
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kulshan Supported Employment / Employment Agency

    Property Details for 310 Iowa St

    Year built
    1906
    Lot size
    0.08 lot acres
    Property size
    1,056 SF
    Zone code
    LI
    Property type
    Warehouses
    APN
    380330 393403 0000
    APU
    3803303934030000

    Description

    This centrally located Bellingham commercial property at 310 Iowa Street, situated in the Sunnyland neighborhood, presents a fantastic opportunity for small businesses. Offered at an attractive price point of $535,000, this building boasts significant upgrades completed in 2006. These improvements encompass a comprehensive electrical system overhaul, new sheetrock throughout, a reinforced foundation, the addition of a convenient wheelchair ramp, and an automatic door for ease of access. Cosmetic enhancements further contribute to the property's appealing condition. The building benefits from ample street parking directly in front, ensuring convenient access for customers and employees. While the square footage is not currently specified, the property's size is ideal for smaller businesses seeking a well-maintained and conveniently located space. The property is situated on a lot of zero acres. This is a rare opportunity to acquire a move-in ready commercial space in a desirable Bellingham location at a competitive price. The combination of recent upgrades, convenient location, and affordable price makes this an exceptional investment. Serious inquiries are encouraged to explore this promising opportunity further.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $245,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $210,000
      Mixed-Use
      $235,000
      Hospitality
      $215,000
      Educational
      $180,000
      Residential Income
      $205,000
      Energy
      $240,000
      Income-Based Land
      $255,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.471
    Latitude
    48.7562
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $1,911
    $122,941
    $102,303
    $225,244
    -
    $122,941
    $102,303
    $225,244

    Comparable in this City

    • Value Estimation by Request
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      625 Cornwall Ave, Bellingham, WA 98225-5017
      View Details
    • Value Estimation
      $3,025,000
      17,472 SF

      1910 James St

      WAREHOUSE, STORAGE • 17,472 SF
      1910 James St, Bellingham, WA 98225-4232
      View Details
    • Value Estimation
      $590,000
      20,288 SF

      201 York St

      MINI-WAREHOUSE, STORAGE • 20,288 SF
      201 York St, Bellingham, WA 98225-4516
      View Details
    • Value Estimation by Request
      16,204 SF

      619 Cornwall Ave

      WAREHOUSE, STORAGE • 16,204 SF
      619 Cornwall Ave, Bellingham, WA 98225
      View Details
    • Value Estimation by Request
      2,400 SF

      1512 Ellis St

      WAREHOUSE, STORAGE • 2,400 SF
      1512 Ellis St, Bellingham, WA 98225-4905
      View Details
    • Value Estimation by Request
      8,674 SF

      901 Harris Ave

      WAREHOUSE, STORAGE • 8,674 SF
      901 Harris Ave, Bellingham, WA 98225-7006
      View Details

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    310 Iowa St
    Bellingham, WA 98225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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