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Property profile & analytics
OFF-MARKET
Individual retail properties
1210 State St Bellingham, WA 98225-5016
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1403636
Property profile
Verified
Property type
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Year built
1922
Total area
12,612 SF
Lot
0.32 ac (13,752 SF)
Zoning code
CC
APN
380330 201040 0000
UPID
US90-1403636
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
1210 N State St INC · 1 yrs held
1210 N State St INC
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CC · 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
$10,391
Tax year 2021
Assessed value
$1,224,748
Assessed 2022
Previous assessed
$1,224,748
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$717,750
Assessed improvement
$506,998
Land market value
$717,750
Improvement market value
$506,998
Total market value
$1,224,748
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
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Status
Off-Market
Year built
1922
Heating
SPACE
Cooling
YES
Total area
12,612 SF
Lot
0.32 ac (13,752 SF)
Zoning code
CC
APN
380330 201040 0000
UPID
US90-1403636
Jurisdiction
WHATCOM
Zoning & alternative use
CC · Bellingham, WA
Zoning CC · permitted uses
CC · 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
1922
Heating
SPACE
Cooling
Yes
Lot
0.32 ac
Current owner
From public records · entity-resolved
1210 N State St INC
Entity
Mailing address
1155 N STATE ST STE #620, BELLINGHAM, WA 98225-5024
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
—
1210 N State St INC
—
Deed
related
$823,000 · Evergreen Busn Capital
May 13, 2025
$1,275,000
1210 N State St INC
Daylight Properties LLC
Warranty Deed
$1,000,000 · Impact 504 Loan Fund LLC
Sep 24, 2021
—
Daylight Properties LLC
—
Deed
related
$585,000 · Bank Of The Pacific
Jun 13, 2014
$775,000
Daylight Properties LLC
Hewett,william C JR
Grant Deed
$625,000 · William Hewett
Sep 17, 2012
—
William C Hewett JR.
Schoebel,christie
Quit Claim Deed
related
—
—
—
William C Hewett
—
Deed Of Trust
related
$177,254 · Bank Of Bellingham
—
—
William Hewett
—
Deed Of Trust
related
$123,000 · William C & Charime Hewett
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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