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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Retail space
1842 Frnt St Lynden, WA 98264-1798
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-3312369
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
10,224 SF
Lot
1.44 ac (62,726 SF)
Zoning code
CSL
APN
400319 195154 0000
UPID
US90-3312369
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.09M
Owner & transaction history
Ncga Holding Co LLC · 7 yrs held
Ncga Holding Co LLC
since 2018
6 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$107 / 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
$6,287
Tax year 2021
Assessed value
$902,122
Assessed 2022
Previous assessed
$902,122
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$684,303
Assessed improvement
$217,819
Land market value
$684,303
Improvement market value
$217,819
Total market value
$902,122
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
YES
Buildings
2
Bathrooms
1
Total area
10,224 SF
Lot
1.44 ac (62,726 SF)
Zoning code
CSL
APN
400319 195154 0000
UPID
US90-3312369
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
1978
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Bathrooms
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Ncga Holding Co LLC
Entity
Mailing address
1710 EXPY DR, BELLINGHAM, WA 98229-5849
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2018
$560,000
Ncga Holding Co LLC
Dle INC
Warranty Deed
$462,255 · Matthew Menenberg
Jan 5, 2012
$815,000
Dle INC
Menenberg 1 LLC
Warranty Deed
$735,000 · Menenberg #1 LLC
Dec 13, 2005
—
Record Owner
Owner,record
Quit Claim Deed
—
Jul 29, 2005
—
Menenberg 2 LLC
Menenberg,matthew & Valerie
Quit Claim Deed
—
—
—
Dle INC
—
Loan Modification
related
—
—
—
Herman Meenk
—
Deed Of Trust
related
$291,025 · Peoples 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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