Property profile

2227 Midway Ln Bellingham, WA 98226

OFF-MARKET
Manufacturing properties
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Property ID
US90-2011909
9,920 SF 1.5 ac Built 2014
Last sale May 2022·$3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$19k
Tax billed · 2024
Assessed value · 2023$2.40M
Assessed land$881k
Assessed improvement$1.52M
Effective rate0.78%

Value estimate

· Nov 2026
$3.06M
$2.75M – $3.36M
AI approach$3.25M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
HI
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon9.7
Nail Salon9.5
Skin Care Clinic9.5

Location

2227 Midway Ln Bellingham, WA 98226-1218
County assessor Recorded deeds · 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1905 Division, Bellingham, WA 98226-8043 $1,475,000 Mar 2024 17,891 SF
1788 Midway, Bellingham, WA 98226-7603 $3,500,000 Jan 2023 22,290 SF
4025 Hannegan, Bellingham, WA 98226-7622 $2,500,000 Nov 2022 5,475 SF
4003 Irongate, Bellingham, WA 98226-8028 $970,000 Oct 2021 7,009 SF
2449 Michael, Bellingham, WA 98226 $110,000 Sep 2021 4,000 SF
4065 Hannegan, Bellingham, WA 98226-7622 $1,484,000 Jan 2019 11,840 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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