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Financial
Distress signals
Property profile

1621 Cornwall Ave Bellingham, WA 98225

OFF-MARKET
Office buildings
Property ID
US90-0117406
3,408 SF 0.53 ac lot Built 1970
Last sale Apr 2026 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A stand-alone office building located in downtown Bellingham features a canopy drive-through and is situated on a half-acre lot with ample off-street parking. The building contains approximately 6,816 square feet of space, split evenly between the main floor and a fully finished basement. The main floor includes a reception and waiting area, private offices, and a conference room, with restrooms on the same level. The basement provides storage and workspace, an additional conference room, a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$15k
Tax billed · 2021
Assessed value · 2022$1.70M
Assessed land$842k
Assessed improvement$861k
Effective rate0.86%

Value estimate

· Oct 2026
$975k
$878k – $1.07M
CAP approach$785k
Submarket $/SF estimate$1.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$343/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$252 – $479

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Butcher8.6
HVAC Service7.6

Location

1621 Cornwall Ave Bellingham, WA 98225-4634
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1117 Ellis, Bellingham, WA 98225-5203 $700,000 Oct 2024 2,800 SF
1314 State, Bellingham, WA 98225-4715 $1,300,000 Apr 2024 2,716 SF
1605 Cornwall, Bellingham, WA 98225-4634 $1,595,000 Sep 2023 3,654 SF
1900 D, Bellingham, WA 98225-3249 $1,340,000 Mar 2023 4,492 SF
2509 Cedarwood, Bellingham, WA 98225-1400 $775,000 Aug 2022 3,747 SF
205 Commercial, Bellingham, WA 98225-4409 $905,000 Jul 2022 4,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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