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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Office buildings
1480 Gulf Rd Point Roberts, WA 98281-9020
Individually Owned
11-yr Hold
Free & Clear
Property ID
US90-3352163
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1970
Total area
5,712 SF
Lot
1.62 ac (70,567 SF)
Zoning code
STC
APN
405303 117163 0000
UPID
US90-3352163
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
-
Norman Annelle Alternative Medicine Practice
-
The Rubber Duck Museum (Bike/Boat/Book/etc) Store
-
Point Roberts Parcel Service Business Service Center Postal Service
-
Kora's Corner (Bike/Boat/Book/etc) Store
-
Airline Broker Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$957k
Blend (final)
Blend
$780k
Owner & transaction history
Pete Roberts Mini · 11 yrs held
Pete Roberts Mini
since 2014
7 recorded transactions
Zoning & alternative use
STC · Point Roberts, 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 Point Roberts submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Point Roberts 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$780k
Range $702k – $858k · ±10%
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
$137 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$3,259
Tax year 2021
Assessed value
$392,972
Assessed 2022
Previous assessed
$392,972
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$176,418
Assessed improvement
$216,554
Land market value
$176,418
Improvement market value
$216,554
Total market value
$392,972
Applied tax rate
3,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1970
Heating
NONE
Cooling
YES
Total area
5,712 SF
Lot
1.62 ac (70,567 SF)
Zoning code
STC
APN
405303 117163 0000
UPID
US90-3352163
Jurisdiction
WHATCOM
Zoning & alternative use
STC · Point Roberts, WAZoning STC · permitted uses
STC · Point Roberts, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Lot
1.62 ac
Current owner
From public records · entity-resolved
Pete Roberts Mini
Individual
Free & Clear · 11 yrs held
Mailing address
1669 EDWARDS DR, POINT ROBERTS, WA 98281-8511
Ownership since
2014
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
Sep 10, 2014
$285,000
Pete Roberts Mini
Mcfrugals Investments INC
Grant Deed
—
Apr 29, 2011
$320,000
Mcfrugals Investments INC
Miller,samuel A
Warranty Deed
$285,000 · Samuel A Miller
Mar 16, 2010
$350,000
Samuel A Miller
Smith Jacob L
Trustees Deed
related
—
Feb 22, 2006
—
Asra Investments LLC
Silver,adam
Quit Claim Deed
related
—
Sep 8, 2005
—
Samuel A Miller
Houchens,larry & Mye
Quit Claim Deed
related
—
Sep 8, 2005
$375,000
Adam Silver
Miller,samuel A
Warranty Deed
$325,000 · Samuel A Miller
—
—
Pt Roberts Mini & Mobile Stora
—
Loan Modification
related
$285,000 · Samuel A Miller
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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