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Financial
Distress signals
Property profile

1975 Alpine Way Bellingham, WA 98226

OFF-MARKET
Commercial real estate
Property ID
US90-3039823
0.96 ac lot
Last sale Aug 2008 · $175,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

This exceptional 2400-square-foot commercial condo presents a rare investment opportunity in Bellingham's desirable Bakerview Spur industrial area. Located at 1975 Alpine Way Unit 5, this well-maintained and secure complex offers a versatile space ideal for a variety of businesses. The unit boasts a spacious 1800-square-foot main floor and a 600-square-foot mezzanine, perfect for office space or additional storage. The mezzanine, rated at 125 lbs. per square foot, features removable…

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$180k
$162k – $198k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$299/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$212 – $441

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?
HI
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.5
Skin Care Clinic9.0
Locksmith9.0

Location

1975 Alpine Way Bellingham, WA 98226-7260
County assessor · not on file Recorded deeds · 8 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3411 James St, Bellingham, WA 98226-7743 $250,000 Jan 2026 1,120 SF
1715 Barkley, Bellingham, WA 98226-6693 $47,700,000 Jul 2025 52,682 SF
3110 Racine, Bellingham, WA 98226-6644 $47,700,000 Jul 2025 56,914 SF
3115 Racine, Bellingham, WA 98226-6646 $47,700,000 Jul 2025 38,392 SF
1205 Woodstock, Bellingham, WA 98226-3502 $27,500,000 Jun 2025 59,392 SF
2001 Masonry, Bellingham, WA 98226-8016 $480,000 May 2025 12,000 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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