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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Automotive properties
1828 Franklin St, Bellingham, WA 98225-4621
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-3330208
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1910
Total area
6,441 SF
Lot
0.34 ac (15,002 SF)
Zoning code
LI
APN
380330 420351 0000
UPID
US90-3330208
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
-
Bellingham Injury Law Law Firm
-
Legal Center of Whatcom County Law Firm
-
Law Offices of Ziad I. Youssef, PLLC Law Firm
-
TM Anderson Law Firm Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$595k
Owner & transaction history
Tm Anderson Law Firm LLC · 4 yrs held
Tm Anderson Law Firm LLC
since 2021
7 recorded transactions
Zoning & alternative use
LI · 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$92 / 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
$6,734
Tax year 2021
Assessed value
$793,664
Assessed 2022
Previous assessed
$793,664
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$469,800
Assessed improvement
$323,864
Land market value
$469,800
Improvement market value
$323,864
Total market value
$793,664
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1910
Heating
SPACE
Cooling
YES
Total area
6,441 SF
Lot
0.34 ac (15,002 SF)
Zoning code
LI
APN
380330 420351 0000
UPID
US90-3330208
Jurisdiction
WHATCOM
Zoning & alternative use
LI · Bellingham, WA
Zoning LI · permitted uses
LI · 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
1910
Heating
SPACE
Cooling
Yes
Lot
0.34 ac
Current owner
From public records · entity-resolved
Tm Anderson Law Firm LLC
Entity
Mailing address
1828 FRANKLIN ST, BELLINGHAM, WA 98225-4621
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
—
Tm Anderson Law Firm LLC
Mytrafficman Corportion
Lease
—
Dec 26, 2018
—
Mytrafficman Corp
—
Deed
related
$750,000 · Bank Of Pacific
Dec 20, 2018
—
Mytrafficman Corp
Law Offices Of Ziad I Youssef
Quit Claim Deed
related
—
Jan 11, 2012
$550,000
Ziad I Youssef PLLC
Zry Co LLC
Warranty Deed
—
Sep 10, 2004
$462,000
Zry Co LLC
Obrien James M & Paula J
Warranty Deed
$71,000 · James M & Paula J O'brien
Aug 20, 1999
$223,954
James M Obrein
Lien,allen W & Gwendolyn M
Grant Deed
—
—
—
Mytrafficman Corp
—
Deed Of Trust
related
$750,000 · Bank Of Pacific
—
—
Law Offices Of Ziad I Youssef Pll
—
Deed Of Trust
related
$75,000 · Bank Of The Pacific
—
—
Ziad I Youssef PLLC
—
Deed Of Trust
related
$550,000 · Bank Of Pacific
—
—
Zry Co LLC
—
Deed Of Trust
related
$224,750 · Gwendolyn M Lien
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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