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Property profile & analytics
OFF-MARKET
Banks
1486 Electric Ave Bellingham, WA 98229-2410
Individually Owned
10-yr Hold
Free & Clear
Property ID
US90-0083652
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1983
Total area
7,840 SF
Lot
0.67 ac (29,185 SF)
Zoning code
RS10.0
APN
380328 482136 0000
UPID
US90-0083652
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
-
Kiffney Brita DVM Veterinary Clinic
-
Pro Health Chiropractic: Janelle Havelka DC Alternative Medicine Practice
-
Entheos Massage Alternative Medicine Practice Spa & Massage Center
-
Innate Organic Body LLC Alternative Medicine Practice
-
Northshore Veterinary Hospital Veterinary Clinic
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
Kimberly M Barron · 10 yrs held
Kimberly M Barron
since 2016
6 recorded transactions
Zoning & alternative use
RS10.0 · 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
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
$8,193
Tax year 2021
Assessed value
$1,084,222
Assessed 2022
Previous assessed
$1,084,222
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$285,000
Assessed improvement
$799,222
Land market value
$285,000
Improvement market value
$799,222
Total market value
$1,084,222
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1983
Heating
NONE
Cooling
YES
Total area
7,840 SF
Lot
0.67 ac (29,185 SF)
Zoning code
RS10.0
APN
380328 482136 0000
UPID
US90-0083652
Jurisdiction
WHATCOM
Zoning & alternative use
RS10.0 · Bellingham, WA
Zoning RS10.0 · permitted uses
RS10.0 · 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
1983
Heating
NONE
Cooling
Yes
Lot
0.67 ac
Current owner
From public records · entity-resolved
Kimberly M Barron
Individual
Free & Clear · 10 yrs held
Mailing address
533 37TH ST, BELLINGHAM, WA 98229-2903
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
—
Fido LLC
—
Deed
related
$1,010,000 · Peoples Bank
Jun 17, 2016
$482,560
Kimberly M Barron
Kingman Family Trust
Warranty Deed
—
Jun 17, 2016
—
Kimberly M Barron
Fido LLC
Warranty Deed
related
$495,810 · Us Bk
Jun 28, 2004
$800,000
Fido LLC
Ennen Brothers Ptshp
Warranty Deed
$675,000 · Ennen Brothers Ptshp
—
—
Ennen Food Stores INC
—
Deed Of Trust
related
$9,000 · Seafirst Bank
—
—
Fido LLC
—
Deed Of Trust
related
$498,207 · Us 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.
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