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Financial
Distress signals
Property profile

1112 Cornwall Ave Bellingham, WA 98225

FOR SALE
Other distribution properties
Property ID
US90-2707550
19,980 SF 0.61 ac lot Built 1995
Last sale Oct 2019 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 1112 Cornwall Avenue in Bellingham’s Commercial Core consists of a 26,563 sq ft development site located in the Downtown District Urban Village. City Ordinance No. 2025-01-001 provides a multifamily housing development benefit that exempts minimum parking requirements. The site has frontage on Cornwall Avenue and provides back-alley access, and it is configured to support podium-style vertical development with mixed-use potential for multifamily over limited commercial uses. The…

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 · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value · 2023$1.86M
Assessed land$1.80M
Assessed improvement$65k
Effective rate0.78%

Value estimate

· Oct 2026
$1.22M
$1.10M – $1.34M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
CC
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.3
Laundromat8.2
Dry Cleaner7.2

Location

1112 Cornwall Ave Bellingham, WA 98225
County assessor Recorded deeds · 14 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 Unity, Bellingham, WA 98225 $4,100,000 Jun 2024 6,625 SF
Chestnut, Bellingham, WA 98225 $154,323 Jun 2024 5,000 SF
3236 Nwnw, Bellingham, WA 98225-1318 $1,200,000 Apr 2024 24,000 SF
Bellingham, WA 98225 $1,340,000 Mar 2023 6,557 SF
1310 Railroad, Bellingham, WA 98225 $312,000 Nov 2021 5,500 SF
Prospect, Bellingham, WA 98225 $1,750,000 Jul 2020 6,534 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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