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Property profile & analytics
OFF-MARKET
Estimated value
$2,930,000
Turn key restaurants
140 Samish Way, Bellingham, WA 98225-6032
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1040557
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Total area
2,185 SF
Lot
0.57 ac (24,903 SF)
Zoning code
CA
APN
380331 424080 0000
UPID
US90-1040557
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
-
Wendy's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.93M
Owner & transaction history
Boshaw Bartell LLC · 4 yrs held
Boshaw Bartell LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
CA · 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
Method
Estimation
Statistic approach
$3,255,000
ML approach
$3,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±10% · vs last sale $2.71M (Jun 10 2022)
Last sale anchor
$2.71M
Jun 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,341 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,952
Tax year 2024
Assessed value
$1,537,196
Assessed 2023
Previous assessed
$1,635,315
-6.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$977,513
Assessed improvement
$559,683
Land market value
$977,513
Improvement market value
$559,683
Total market value
$1,537,196
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
YES
Total area
2,185 SF
Lot
0.57 ac (24,903 SF)
Zoning code
CA
APN
380331 424080 0000
UPID
US90-1040557
Jurisdiction
WHATCOM
Zoning & alternative use
CA · Bellingham, WA
Zoning CA · permitted uses
CA · 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
2006
Heating
NONE
Cooling
Yes
Lot
0.57 ac
Current owner
From public records · entity-resolved
Boshaw Bartell LLC
Entity
Mailing address
1 W DAVE THOMAS BLVD NE, DUBLIN, OH 43017-5452
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
$2,711,600
Boshaw Bartell LLC
Trump Island LLC
Warranty Deed
—
Oct 14, 2021
—
Trump Island LLC
Bdr Family LLC
Warranty Deed
—
Sep 27, 2021
$2,352,543
Trump Island LLC
Bdr Family LLC
Warranty Deed
—
Jul 21, 2021
$2,352,543
Trump Island LLC
Bdr Family LLC
Warranty Deed
—
May 20, 2015
$2,100,000
Bdr Family LLC
Jdk II Investments LLC
Warranty Deed
—
May 6, 2011
—
Seawend Ltd
—
Deed Of Trust
related
$90,000,000 · Huntington National Bank
Apr 21, 2009
—
Seawend Ltd LLC
—
Deed Of Trust
related
$15,000,000 · Bank Of America
Dec 22, 2005
—
Sea Wend Ltd
—
Deed Of Trust
related
$75,000,000 · Huntington National Bank
Feb 25, 2005
$660,000
Jdk II Investments LLC
Sonrise Partners I
Warranty Deed
—
May 8, 1996
$1,016,892
Partners I Sonrise
Broatch,ronald H & Annette
Grant Deed
$874,070 · Metlife Capital Corp
—
—
Jdk II Investments LLC
—
Deed Of Trust
related
$3,600,000 · Huntington National Bank
—
—
Seawend Ltd
—
Loan Modification
related
$23,000,000 · Huntington National Bank
—
—
Jdk II Investments LLC
—
Deed Of Trust
related
$4,000,000 · Irwin Franchise Capital Corp
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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