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    Property profile & analytics

    1470 Ellis St Bellingham, WA 98225-4904

    • Medical offices
    • 1,559 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US90-0524945
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hearing Northwest / Hearing Aid Store / Audiologist
    • Renee Curtis / Massage Therapist
    • Susan Adich / Massage Therapist
    • Robert Rogoz / Massage Therapist
    • Tyree Johnson / Massage Therapist

    Property Details for 1470 Ellis St

    Year built
    1948
    Lot size
    0.12 lot acres
    Property size
    1,559 SF
    Zone code
    RM3.0
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    380330 392098 0000
    APU
    3803303920980000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $255,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $240,000
      Mixed-Use
      $290,000
      Hospitality
      $215,000
      Educational
      $295,000
      Residential Income
      $290,000
      Energy
      $280,000
      Income-Based Land
      $265,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.471
    Latitude
    48.7489
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $4,144
    $258,552
    $221,414
    $479,966
    -
    $258,552
    $221,414
    $479,966

    Comparable in this City

    • Value Estimation by Request
      1.20 Acres

      2940 Squalicum Pkwy

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      2940 Squalicum Pkwy, Bellingham, WA 98225-1892
      View Details
    • Value Estimation by Request
      587 SF

      3015 Squalicum Pkwyb100

      MEDICAL BUILDING • 587 SF
      3015 Squalicum Pkwyb100, Bellingham, WA 98225-1945
      View Details
    • Value Estimation by Request
      73,200 SF

      3001 Squalicum Pkwy

      MEDICAL BUILDING • 73,200 SF
      3001 Squalicum Pkwy, Bellingham, WA 98225-1949
      View Details
    • Value Estimation by Request
      22,017 SF

      2979 Squalicum Pkwy

      MEDICAL BUILDING • 22,017 SF
      2979 Squalicum Pkwy, Bellingham, WA 98225-1811
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    • Value Estimation by Request
      4,389 SF

      3015 Squalicum Pkwy Ste, Unit 180

      MEDICAL BUILDING • 4,389 SF
      3015 Squalicum Pkwy Ste, Bellingham, WA 98225-1946
      View Details
    • Value Estimation by Request
      4,458 SF

      3015 Squalicum Pkwy Ste, Unit 260

      MEDICAL BUILDING • 4,458 SF
      3015 Squalicum Pkwy Ste, Bellingham, WA 98225-1946
      View Details

    Similar Nearby for Sale

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    Bellingham, WA 98225-4904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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