Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
1275 3rd St Blaine, WA 98230-5001
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0138145
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1906
Total area
1,472 SF
Lot
0.24 ac (10,315 SF)
Zoning code
RO32
APN
405101 523344 0000
UPID
US90-0138145
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
-
Fletcher Christopher Law Firm Insurance Agency
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
Komal Sall · 9 yrs held
Komal Sall
since 2017
7 recorded transactions
Zoning & alternative use
RO32 · Blaine, 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 Blaine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blaine 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
$2,343
Tax year 2021
Assessed value
$325,521
Assessed 2022
Previous assessed
$325,521
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$226,930
Assessed improvement
$98,591
Land market value
$226,930
Improvement market value
$98,591
Total market value
$325,521
Applied tax rate
300.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1906
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,472 SF
Lot
0.24 ac (10,315 SF)
Zoning code
RO32
APN
405101 523344 0000
UPID
US90-0138145
Jurisdiction
WHATCOM
Zoning & alternative use
RO32 · Blaine, WA
Zoning RO32 · permitted uses
RO32 · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blaine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1906
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Komal Sall
Individual
Mailing address
1360 BENNETT AVE, BLAINE, WA 98230-9572
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2021
—
Rani Sall
—
Deed
related
$170,000 · Washington Federal NA
Jan 26, 2021
—
Rani Sall
—
Deed
related
$170,000 · Washington Fed'l Bk
Jun 30, 2017
$238,989
Komal Sall
Fletcher,christopher E
Warranty Deed
$139,000 · Christopher E Fletcher
Feb 20, 2009
—
Christopher E Fletcher
Cordner,dolores
Deed In Lieu Of Foreclosure
related
—
May 13, 2005
$399,900
Ian Cordner
Fletcher,christopher
Warranty Deed
$200,000 · Bank Of Pacific
—
—
Christopher E Fletcher
—
Deed Of Trust
related
$37,000 · Sterling Savings Bank
—
—
Christopher E Fletcher
—
Deed Of Trust
related
$30,000 · Sterling Savings Bank
—
—
Rani Sall
—
Deed Of Trust
related
$170,000 · Washington Fed'l Bk
—
—
Rani Sall
—
Deed Of Trust
related
$170,000 · Washington Fed'l Bk
—
—
Christopher E Fletcher
—
Deed Of Trust
related
$67,000 · Key Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1275 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
