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Property profile & analytics
OFF-MARKET
Auto shops
118 Axton Rd, Bellingham, WA 98226-9713
Entity Owned
18-yr Hold
Absentee Owner
Property ID
US90-1113107
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2008
Total area
3,161 SF
Lot
3.28 ac (143,051 SF)
Zoning code
RGC
APN
390319 055010 0000
UPID
US90-1113107
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
State Of Wa Dept/transportation · 18 yrs held
State Of Wa Dept/transportation
since 2007
6 recorded transactions
Zoning & alternative use
RGC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,863
Tax year 2021
Assessed value
$1,264,121
Assessed 2022
Previous assessed
$1,264,121
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$513,716
Assessed improvement
$750,405
Land market value
$513,716
Improvement market value
$750,405
Total market value
$1,264,121
Applied tax rate
5,005.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2008
Heating
HOT WATER
Cooling
YES
Buildings
2
Stories
1
Bathrooms
2
Total area
3,161 SF
Lot
3.28 ac (143,051 SF)
Zoning code
RGC
APN
390319 055010 0000
UPID
US90-1113107
Jurisdiction
WHATCOM
Zoning & alternative use
RGC · Bellingham, WA
Zoning RGC · permitted uses
RGC · 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.
Building & site characteristics
From public records
Year built
2008
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
3.28 ac
Current owner
From public records · entity-resolved
State Of Wa Dept/transportation
Entity
Mailing address
3397 CEDARVILLE RD, BELLINGHAM, WA 98226-9546
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2007
—
State Of Wa Dept/transportation
Deer Creek Water Assn
Quit Claim Deed
related
—
Feb 13, 2006
$93,000
State Of Washington
Johnson,spencer
Warranty Deed
—
Jun 22, 2004
—
Spencer Johnson
Parberry,louis H JR & Sue A
Warranty Deed
related
—
—
—
Spencer Johnson
—
Deed Of Trust
related
$78,612 · Us Bank Of Washington
—
—
Spencer Johnson
—
Deed Of Trust
related
$77,002 · Us Bank Of Washington
—
—
Spencer L Johnson
—
Deed Of Trust
related
$300,000 · Whatcom Educational Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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