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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Medical Office Space
1610 Grover St Lynden, WA 98264-1539
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1644400
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
8,739 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CSL
APN
400319 452211 0000
UPID
US90-1644400
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
$1.48M
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.48M
Owner & transaction history
Steven Doc Blcok LLC · 1 yrs held
Steven Doc Blcok LLC
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
CSL · Lynden, 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 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
$1,475,000
ML approach
$1,475,000
CAP Approach
CAP Return
Estimation
6%
$1,430,000
6.5%
$1,320,000
7%
$1,225,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,200,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±10% · vs last sale $1.48M (Aug 15 2024)
Last sale anchor
$1.48M
Aug 15 2024
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
$169 / 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
$8,740
Tax year 2021
Assessed value
$1,254,122
Assessed 2022
Previous assessed
$1,254,122
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$356,108
Assessed improvement
$898,014
Land market value
$356,108
Improvement market value
$898,014
Total market value
$1,254,122
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
1981
Heating
NONE
Cooling
YES
Total area
8,739 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CSL
APN
400319 452211 0000
UPID
US90-1644400
Jurisdiction
WHATCOM
Zoning & alternative use
CSL · Lynden, WA
Zoning CSL · permitted uses
CSL · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.2M
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Cooling
Yes
Lot
0.43 ac
Current owner
From public records · entity-resolved
Steven Doc Blcok LLC
Entity
Mailing address
1317 N ALPINE VW DR, MOUNT VERNON, WA 98274-8723
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
$1,475,000
Steven Doc Blcok LLC
Lynden Medical Center LLC
Warranty Deed
$536,205 · Lynden Medical Central LLC
Oct 26, 2009
—
Lynden Medical Center LLC
Hewitt,wayland D & Denise M
Quit Claim Deed
related
—
Jun 30, 2006
$520,000
Wayland D Hewitt III
Hesselgrave Farms INC
Warranty Deed
$365,326 · Skagit State Bank
Apr 17, 1997
—
Lynden Professional Group II
Peoples Bank & Trust
Quit Claim Deed
related
—
Mar 28, 1997
$1,100,000
Hesselgrave Farms INC
Lynden Professional Group
Grant Deed
$628,159 · Peoples Bank & Trust
—
—
Lynden Medical Center LLC
—
Deed Of Trust
related
$20,000 · Skagit State Bank
—
—
Wayland D Hewitt III
—
Deed Of Trust
related
$450,000 · Skagit State Bank
—
—
Hesselgrave Farms INC
—
Deed Of Trust
related
$430,465 · Bank Of The Northwest
—
—
Wayland D Hewitt III
—
Deed Of Trust
related
$30,000 · Skagit State Bank
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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