Property profile

227 Prospect St Bellingham, WA 98225

OFF-MARKET
Retail space
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Property ID
US90-0138558
4,770 SF 0.11 ac Built 1916
Last sale Aug 2024·$900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ 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 · 2021

What does the county charge?
$7k
Tax billed · 2021
Assessed value · 2022$824k
Assessed land$356k
Assessed improvement$468k
Effective rate0.86%

Value estimate

· Nov 2026
$310k
$279k – $341k
CAP approach$875k
Submarket $/SF estimate$1.10M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$293/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$156 – $387
Qualifying comparables3

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 Facility13.8
Auto Parts Store13.2
HVAC Service12.7

Location

227 Prospect St Bellingham, WA 98225-4403
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2500 Cedarwood, Bellingham, WA 98225-1405 $899,000 Dec 2025 5,322 SF
2018 Iron, Bellingham, WA 98225-4212 $860,000 Mar 2025 4,028 SF
2411 James, Bellingham, WA 98225-3835 $1,800,000 Feb 2024 4,306 SF
514 Potter, Bellingham, WA 98225-4947 $1,260,000 Dec 2022 5,029 SF
3201 Nwnw, Bellingham, WA 98225-1363 $1,260,000 Mar 2022 3,726 SF
510 Carolina, Bellingham, WA 98225-4106 $890,000 Mar 2022 5,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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