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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Specialty properties
1026 Frst St, Bellingham, WA 98225-5510
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0873608
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1914
Total area
13,200 SF
Lot
0.32 ac (13,743 SF)
Zoning code
RM1/OF
APN
380331 171530 0000
UPID
US90-0873608
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
YWCA Bellingham Charitable Organization Social Service Agency
-
Nona Baking Company Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
Ywca Of Bellingham · 5 yrs held
Ywca Of Bellingham
since 2020
7 recorded transactions
Zoning & alternative use
RM1/OF · Bellingham, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+25.8%
Auto repair, garage
$1.5M
+15.0%
Commercial (general)
$1.5M
+12.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$1,310,000
Current use
RESTAURANT
$1,650,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,510,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,480,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$2,064,242
Assessed 2022
Previous assessed
$1,810,738
+14.0% YoY
Assessed land
$548,386
Assessed improvement
$1,515,856
Land market value
$548,386
Improvement market value
$1,515,856
Total market value
$2,064,242
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1914
Heating
HOT WATER
Total area
13,200 SF
Lot
0.32 ac (13,743 SF)
Zoning code
RM1/OF
APN
380331 171530 0000
UPID
US90-0873608
Jurisdiction
WHATCOM
Zoning & alternative use
RM1/OF · Bellingham, WA
Zoning RM1/OF · permitted uses
RM1/OF · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1914
Heating
HOT WATER
Lot
0.32 ac
Current owner
From public records · entity-resolved
Ywca Of Bellingham
Individual
Mailing address
1026 N FRST ST, BELLINGHAM, WA 98225-5510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2020
—
Ywca Of Bellingham
—
Deed
related
$768,330 · Miscellaneous Govt Agcy
Dec 16, 2019
—
Ywca Of Bellingham
—
Deed
related
$109,847 · Miscellaneous Govt Agcy
Dec 11, 2018
—
Ywca Bellingham
—
Deed
related
$112,785 · Miscellaneous Govt Agcy
—
—
Womens Christian Assn Young
—
Deed Of Trust
related
$206,088 · Bellingham City (wa)
—
—
Ywca Bellingham
—
Deed Of Trust
related
$112,785 · Miscellaneous Govt Agcy
—
—
Women's Christian Assoc Young
—
Deed Of Trust
related
$20,070 · Bellingham City (wa)
—
—
Womens Christian Assoc Young
—
Deed Of Trust
related
$110,250 · Bellingham City (wa)
—
—
Ywca
—
Deed Of Trust
related
$732,726 · Washington State Dept Communit
—
—
Ywca Of Bellingham
—
Loan Modification
related
$109,847 · Miscellaneous Govt Agcy
—
—
Ywca Of Bellingham
—
Deed Of Trust
related
$768,330 · Miscellaneous Govt Agcy
—
—
Young Womens Christian Assn Of B
—
Deed Of Trust
related
$75,000 · Bellingham City (wa)
—
—
Womens Christian Assoc Young
—
Deed Of Trust
related
$132,475 · Bellingham City (wa)
—
—
Womens Christian Assoc Young
—
Deed Of Trust
related
$110,325 · Bellingham City (wa)
—
—
Womens Christian Assn Young
—
Deed Of Trust
related
$32,225 · Bellingham City (wa)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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