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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Assisted living facilities
1530 James St, Bellingham, WA 98225-4945
Entity Owned
~
Est. High Equity
Property ID
US90-0873340
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1960
Total area
19,710 SF
Lot
0.92 ac (39,988 SF)
Zoning code
RS3.0
APN
380330 557143 0000
UPID
US90-0873340
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
-
Shuksan Healthcare Center Rehabilitation Center Nursing Home
-
Lee R. Skogan, DPT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
1530 James St Snf Real Estate LLC
1530 James St Snf Real Estate LLC
since 2026
5 recorded transactions
Zoning & alternative use
RS3.0 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$30 / 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
$26,611
Tax year 2021
Assessed value
$3,082,375
Assessed 2022
Previous assessed
$3,082,375
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$547,063
Assessed improvement
$2,535,312
Land market value
$547,063
Improvement market value
$2,535,312
Total market value
$3,082,375
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1960
Heating
BASEBOARD
Cooling
YES
Total area
19,710 SF
Lot
0.92 ac (39,988 SF)
Zoning code
RS3.0
APN
380330 557143 0000
UPID
US90-0873340
Jurisdiction
WHATCOM
Zoning & alternative use
RS3.0 · Bellingham, WA
Zoning RS3.0 · permitted uses
RS3.0 · 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
1960
Heating
BASEBOARD
Cooling
Yes
Lot
0.92 ac
Current owner
From public records · entity-resolved
1530 James St Snf Real Estate LLC
Entity
Mailing address
5102 SCENIC DR, YAKIMA, WA 98908-2229
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2026
$4,000,000
1530 James St Snf Real Estate LLC
Hyattcenters-kennewick INC
Bargain & Sale Deed
$40,000,000
Oct 7, 2016
$2,600,000
Hyattcenters-kennewick INC
Bellingham II Assoc LLC
Grant Deed
$1,700,000 · Skagit Bk
Apr 19, 2005
—
Bellingham II Assocs LLC
—
Deed Of Trust
related
$225,000,000 · Lasalle National Bank
Sep 14, 2004
—
Assocs Bellingham II
—
Trustees Deed
related
$875,000 · Lasalle National Bank
—
—
Bellingham II Associates LLC
—
Deed Of Trust
related
—
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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