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    Property profile & analytics

    1616 Cornwall Ave Bellingham, WA 98225-4648

    • Investment properties
    • 47,994 SF
    OFF-MARKET
    Value Estimation
    $880,000
    Location Intelligence
    Property ID
    US90-2670074
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Unity Care NW - Adult Dental / Dental Clinic / Dental Hygienist
    • Dr. Patrick Pacyga / Dentist
    • Inner Composure Yoga / Yoga Studio
    • Unity Care NW - Behavioral Health / Psychiatrist / Psychologist
    • Dr. Laurel Brion / Dentist

    Property Details for 1616 Cornwall Ave

    Year built
    1949
    Property size
    47,994 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    380330 317254 0001
    APU
    3803303172540001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $920,000

    • CAP approach

      CAP return
      Estimation
      6%
      $805,000
      6.5%
      $805,000
      7%
      $940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $950,000
      Geo Method
      $875,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $925,000
      Retail
      $935,000
      Mixed-Use
      $1,050,000
      Hospitality
      $885,000
      Educational
      $915,000
      Residential Income
      $990,000
      Energy
      $1,070,000
      Income-Based Land
      $1,005,000
      Food Service
      $900,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.474
    Latitude
    48.7536
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,637
    $0.00
    $725,032
    $725,032
    -
    $0.00
    $725,032
    $725,032

    Comparable in this City

    • Value Estimation by Request
      1.51 Acres

      21 Bellwether Way

      STORE/OFFICE (MIXED USE) • 1.51 Acres
      21 Bellwether Way, Bellingham, WA 98225-2961
      View Details
    • Value Estimation by Request
      5,850 SF

      1407 Commercial St

      STORE/OFFICE (MIXED USE) • 5,850 SF
      1407 Commercial St, Bellingham, WA 98225-4309
      View Details
    • Value Estimation
      $310,000
      752 SF

      1111 Liberty St

      STORE/OFFICE (MIXED USE) • 752 SF
      1111 Liberty St, Bellingham, WA 98225-5239
      View Details
    • Value Estimation
      $950,000
      40,831 SF

      1314 Cornwall Ave

      STORE/OFFICE (MIXED USE) • 40,831 SF
      1314 Cornwall Ave, Bellingham, WA 98225
      View Details
    • Value Estimation
      $605,000
      1,470 SF

      701 Holly St

      STORE/OFFICE (MIXED USE) • 1,470 SF
      701 Holly St, Bellingham, WA 98225-4712
      View Details
    • Value Estimation
      $1,170,000
      13,986 SF

      1303 Commercial St

      STORE/OFFICE (MIXED USE) • 13,986 SF
      1303 Commercial St, Bellingham, WA 98225-4347
      View Details

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    Similar Nearby for Lease

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      Bellingham Commercial Kitchen Opportunity

      Commercial kitchen space for lease in historic downtown Bellingham.
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      Manufacturing Facility with Abundant Power

      Vacant manufacturing facility with an abundance of power available for rent.
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    • $16 SF/Yr
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      Retail Space in Bellingham, WA

      Retail space available for lease in Bellingham, Washington.
      1701 N State St, Bellingham, WA 98225
      View Details
    • $28 SF/Yr
      2,467 SF

      Retail Space in Fairhaven Plaza

      Retail space available in a busy plaza near I-5.
      3105-3129 Old Fairhaven Pkwy, Bellingham, WA 98225
      View Details
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    1616 Cornwall Ave
    Bellingham, WA 98225-4648
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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