Financial
Distress signals
Property profile

1211 Granary Ave Bellingham, WA 98225

FOR SALE
Other investment properties
Property ID
US90-2950613
93,204 SF 0.65 ac lot Built 1928
Last sale Apr 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial retail space is located on Bellingham’s waterfront near downtown. The property is positioned adjacent to waterfront condominium development and is configured with more than 3,300 square feet of interior space and more than 7,000 square feet of exterior decking. The outdoor decking area is an incorporated feature of the premises.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$63k
Tax billed · 2021
Assessed value · 2022$9.94M
Assessed land$887k
Assessed improvement$9.05M
Effective rate0.64%

Value estimate

· Sep 2026
$10.13M
$9.12M – $11.14M
Submarket $/SF estimate$6.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$162 – $451

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?
WFUV
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility14.7
Auto Parts Store13.2
Pharmacy12.8

Location

1211 Granary Ave Bellingham, WA 98225
County assessor Recorded deeds · 3 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Bellwether, Bellingham, WA 98225-2961 $30,000,000 Jan 2023 87,776 SF
1616 Cornwall, Bellingham, WA 98225-4648 $9,725,000 Jun 2022 67,964 SF
3000 Illinois, Bellingham, WA 98225-1572 $1,130,000 Sep 2019 37,800 SF
1000 Astor, Bellingham, WA 98225-2977 $7,625,000 Apr 2019 23,340 SF
1224 Cornwall, Bellingham, WA 98225-5029 $9,487,191 Jan 2019 66,870 SF
1314 Cornwall, Bellingham, WA 98225 $1,050,000 Oct 2018 40,831 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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