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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Hotels
1055 Bakerview Rd Bellingham, WA 98226-9123
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1833565
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2020
Total area
57,900 SF
Lot
1.74 ac (75,794 SF)
Zoning code
PIC
APN
380214 492480 0000
UPID
US90-1833565
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
-
Hampton Inn Bellingham Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.54M
Owner & transaction history
Bakerview Road Lodging Invtrs · 7 yrs held
Bakerview Road Lodging Invtrs
since 2019
5 recorded transactions
Zoning & alternative use
PIC · Bellingham, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,810,000
Current use
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±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
$27 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$49,959
Tax year 2021
Assessed value
$8,976,000
Assessed 2022
Previous assessed
$8,976,000
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$1,516,160
Assessed improvement
$7,459,840
Land market value
$1,516,160
Improvement market value
$7,459,840
Total market value
$8,976,000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2020
Heating
NONE
Cooling
EVAPORATIVE
Total area
57,900 SF
Lot
1.74 ac (75,794 SF)
Zoning code
PIC
APN
380214 492480 0000
UPID
US90-1833565
Jurisdiction
WHATCOM
Zoning & alternative use
PIC · Bellingham, WA
Zoning PIC · permitted uses
PIC · 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
HOTEL/MOTEL Current
Est. value
$1.8M
HOTEL/MOTEL Current
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
2020
Heating
NONE
Cooling
Yes
Lot
1.74 ac
Current owner
From public records · entity-resolved
Bakerview Road Lodging Invtrs
Individual
Free & Clear · 7 yrs held
Mailing address
8214 OREILLY DR, HELENA, MT 59602-8241
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2019
—
Bakerview Road Lodging Invtrs
—
Grant Deed
related
$12,250,000 · Citizens Alliance Bk
Jun 3, 2019
$1,650,000
Bakerview Road Lodging Invtrs
Corporation,erck H
Warranty Deed
—
Mar 29, 2018
$1,650,000
Erck Hotels Corp
Bakerview Dev LLC
Warranty Deed
—
Jan 5, 2006
$1,000,000
Bakerview Dev LLC
West Bakerview Center LLC
Warranty Deed
—
—
—
West Bakerview Center LLC
—
Deed Of Trust
related
$821,656 · Skagit State Bank
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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