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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Medical Office Space
1610 Grover St Lynden, WA 98264-1539
Entity Owned
1-yr Hold
Free & Clear
Property ID
US90-1589164
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Total area
8,459 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CSL
APN
400319 456195 0000
UPID
US90-1589164
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
-
Lynden Denture Clinic Dental Office
-
Dr. John R. Hiemstra, DO Pediatrician Physician
-
Family Care Network - Urgent Care - Lynden Medical Clinic
-
Lynden Clinic: Kolodychuk Leonard MD Physician
-
Mt Baker Imaging Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$1.16M
Owner & transaction history
Shorty LLC · 1 yrs held
Shorty LLC
since 2024
7 recorded transactions
Zoning & alternative use
CSL · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
2. Local commercial services (CSL): Th e purpose of the CSL zone is to provide a location for local scale retail develo pment (stores less than sixty -five thousand square feet), medical, professional and financial services. Development within this zone should focus on pedestrian connectivity to the surrounding area and
Zone name
Local Commercial Services
General category
COMMERCIAL
Zone area
172.07 ac
Source
Complete Zoning Ordinance
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 Lynden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynden 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%
$1,385,000
6.5%
$1,280,000
7%
$1,185,000
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$11,927
Tax year 2021
Assessed value
$1,711,391
Assessed 2022
Previous assessed
$1,711,391
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$356,108
Assessed improvement
$1,355,283
Land market value
$356,108
Improvement market value
$1,355,283
Total market value
$1,711,391
Applied tax rate
400.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1992
Heating
FORCED AIR
Cooling
YES
Total area
8,459 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CSL
APN
400319 456195 0000
UPID
US90-1589164
Jurisdiction
WHATCOM
Zoning & alternative use
CSL · Lynden, WAZoning CSL · permitted uses
CSL · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
2. Local commercial services (CSL): Th e purpose of the CSL zone is to provide a location for local scale retail develo pment (stores less than sixty -five thousand square feet), medical, professional and financial services. Development within this zone should focus on pedestrian connectivity to the surrounding area and
Zone name
Local Commercial Services
General category
COMMERCIAL
Zone area
172.07 ac
Source
Complete Zoning Ordinance
Building & site characteristics
From public records
Year built
1992
Heating
FORCED AIR
Cooling
Yes
Lot
0.43 ac
Current owner
From public records · entity-resolved
Shorty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1610 GROVER ST STE D1, LYNDEN, WA 98264-1539
Ownership since
2024
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
Nov 20, 2024
—
Shorty LLC
James R Hale
Warranty Deed
—
Aug 15, 2024
$1,475,000
Steven Doc Blcok LLC
Lynden Medical Center LLC
Warranty Deed
$536,205 · Lynden Medical Central LLC
Jun 14, 2023
—
Lynden Medical Center LLC
—
Deed
related
$285,000 · Banner Bank
May 18, 2023
—
Peter Jay Visser
Lynden Professional Group LLC
Quitclaim Deed
related
—
May 18, 2023
$840,000
Peter Jay Visser
Cynthia M Visser
Warranty Deed
related
—
Jan 9, 2013
—
Lynden Family Medical Building
Lynden Family Medicine LLC
Quit Claim Deed
related
—
Feb 22, 2006
—
Lynden Family Medicine LLC
Lynden Family Medicine Bldg
Quit Claim Deed
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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