Financial
Distress signals
Property profile

2203 Mercedes Dr Lynden, WA 98264

OFF-MARKET
Commercial land
Property ID
US90-2079380
0.49 ac lot
Last sale Nov 2022 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a storage condominium unit measuring 16 ft by 60 ft (960 sq. ft.) at 2203 Mercedes Drive, Unit #2, in Lynden. The unit includes a heated interior and a private bathroom, and it is accessed through a large overhead door that provides year-round entry. The enclosed space is designed for secure storage of items such as RVs, boats, vehicles, and business inventory, as well as seasonal belongings, making it suitable for users who need climate-controlled storage and direct drive-up style access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2021

What does the county charge?
$4k
Tax billed · 2021
Assessed value · 2022$516k
Assessed land$516k
Effective rate0.75%

Value estimate

· Sep 2026
$1.21M
$1.08M – $1.33M
AI approach$1.18M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$228/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$166 – $311

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?
CSL
The purpose of this zone is to provide a location for local scale retail development (stores less than 65000 sq ft), medical, professiona...
General categoryCOMMERCIAL
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.7
Dental Office10.7
Building Supply10.2

Location

2203 Mercedes Dr Lynden, WA 98264-3959
County assessor Recorded deeds · 3 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Swanson, Lynden, WA 98264 $25,857 Dec 2023 No data
8317 Guide Meridian, Lynden, WA 98264-9739 $2,300,000 May 2023 No data
1812 Frnt, Lynden, WA 98264-1706 $740,000 May 2023 No data
8155 Guide Meridian, Lynden, WA 98264-9230 $1,300,000 Mar 2023 No data
825 Evergreen, Lynden, WA 98264-9161 $650,000 Nov 2022 No data
Frnt St, Lynden, WA 98264 $2,500,000 Sep 2022 No data
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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