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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Investment properties
201 Birch Bay Lynden Rd, Lynden, WA 98264-9477
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1006250
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2017
Total area
2,480 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CSR
APN
400225 398538 0000
UPID
US90-1006250
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
-
Stremler Gravel Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$685k
Owner & transaction history
Pangborn Holdings LLC · 7 yrs held
Pangborn Holdings LLC
since 2018
6 recorded transactions
Zoning & alternative use
CSR · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$770,000
+36.2%
Office building
$720,000
+27.7%
Retail stores
$625,000
+10.5%
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%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Current use
MEDICAL BUILDING
$770,000
Change: +36% · Conversion: Easy
OFFICE BUILDING
$720,000
Change: +28% · Conversion: Easy
RETAIL STORES
$625,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$276 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,798
Tax year 2024
Assessed value
$808,264
Assessed 2023
Previous assessed
$687,681
+17.5% YoY
Effective rate
0.72%
On assessed value
Assessed land
$196,020
Assessed improvement
$612,244
Land market value
$196,020
Improvement market value
$612,244
Total market value
$808,264
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
YES
Bathrooms
1
Total area
2,480 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CSR
APN
400225 398538 0000
UPID
US90-1006250
Jurisdiction
WHATCOM
Zoning & alternative use
CSR · Lynden, WA
Zoning CSR · permitted uses
CSR · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$565,000
MEDICAL BUILDING
Est. value
$770,000
OFFICE BUILDING
Est. value
$720,000
RETAIL STORES
Est. value
$625,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
FORCED AIR
Cooling
Yes
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Pangborn Holdings LLC
Entity
Mailing address
250 BAY LYN DR, LYNDEN, WA 98264-9405
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Nov 28, 2018
$412,500
Pangborn Holdings LLC
Heystek,john & Debra L
Warranty Deed
related
$405,000 · Washington Fed'l Svgs
Oct 31, 2006
$160,000
John Heystek
Tabert,joachim & Kathryn
Warranty Deed
$380,000 · Bank Of Pacific
Jun 30, 2006
$469,900
Joachim Tabert
Vanzanten,gary A
Warranty Deed
$300,000 · Bank Of Pacific
—
—
Gary A Vanzanten
—
Deed Of Trust
related
$25,868 · Peoples Bank & Trust
—
—
Gary Van Zanten
—
Deed Of Trust
related
$178,500 · Peoples Bank & Trust
—
—
Gary A Van Zanten
—
Deed Of Trust
related
$65,835 · Peoples Bank & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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