Property profile

3110 Racine St Bellingham, WA 98226

OFF-MARKET
Commercial real estate
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Property ID
US90-0869856
56,914 SF 3.51 ac Built 2003
Last sale Oct 2025·$47,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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?
$139k
Tax billed · 2021
Assessed value · 2022$14.14M
Assessed land$1.64M
Assessed improvement$12.50M
Effective rate0.98%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$299/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$212 – $441

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?
PRM2.0
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.3
Hair Salon11.8
Auto Parts Store11.1

Location

3110 Racine St Bellingham, WA 98226-6644
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1715 Barkley, Bellingham, WA 98226-6693 $47,700,000 Jul 2025 52,682 SF
3115 Racine, Bellingham, WA 98226-6646 $47,700,000 Jul 2025 38,392 SF
1205 Woodstock, Bellingham, WA 98226-3502 $27,500,000 Jun 2025 59,392 SF
2001 Masonry, Bellingham, WA 98226-8016 $480,000 May 2025 12,000 SF
140 Bellis Fair, Bellingham, WA 98226-5541 $4,685,000 May 2024 25,480 SF
4326 Pacific, Bellingham, WA 98226-9017 $3,050,000 Apr 2023 16,932 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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