Financial
Distress signals
Property profile

1010 Railroad Ave Bellingham, WA 98225

OFF-MARKET
Commercial real estate
Property ID
US90-1995638
50,352 SF 0.64 ac lot Built 2014
Last sale Aug 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$15k
Tax billed · 2021
Assessed value · 2022$1.82M
Assessed land$1.82M
Effective rate0.81%

Value estimate

· Sep 2026
$995k
$896k – $1.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$162 – $451

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?
CCM
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.3
Home Appliance Store7.9
Dry Cleaner7.3

Location

1010 Railroad Ave Bellingham, WA 98225-5181
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
333 32nd, Bellingham, WA 98225-0935 $8,056,584 Feb 2026 29,992 SF
3528 Nwnw, Bellingham, WA 98225-1239 $9,350,000 Jul 2025 34,528 SF
702 32nd, Bellingham, WA 98225-6963 $4,900,000 Mar 2025 37,138 SF
621 32nd, Bellingham, WA 98225-6950 $6,663,700 Dec 2024 30,191 SF
900 Frst, Bellingham, WA 98225-5572 $54,850,000 Dec 2024 95,444 SF
2305 Douglas, Bellingham, WA 98225-8640 $800,000 Jan 2024 31,536 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1010 Railroad Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message