Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,765,000
Manufacturing properties
2077 Main St Lynden, WA 98264-9186
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US90-2690861
Property profile
Verified
Property type
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Year built
1991
Total area
103,200 SF
Lot
11.72 ac (510,523 SF)
Zoning code
ID
APN
400224 422406 0000
UPID
US90-2690861
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
-
Victory Millwork, L.l.c. General Contractor
-
Lynden Door Inc Production Facility Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.81M
Comparable Approach
Comparable
$7.02M
Blend (final)
Blend
$10.77M
Owner & transaction history
Jd Bargen Industries LLC · 14 yrs held
Jd Bargen Industries LLC
since 2011
3 recorded transactions
Zoning & alternative use
ID · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ID (Industrial District) - An industrial zone that permits a variety of industrial uses, controlled primarily by performance standards.
Zone name
Industrial
General category
INDUSTRIAL
Zone area
273.22 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%
$10,625,000
6.5%
$9,805,000
7%
$9,105,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$17,610,000
Current use
WAREHOUSE, STORAGE
$16,765,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$10.77M
Range $9.69M – $11.84M · ±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
$104 / 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
$84,143
Tax year 2021
Assessed value
$8,376,590
Assessed 2022
Previous assessed
$8,376,590
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,148,677
Assessed improvement
$7,227,913
Land market value
$1,148,677
Improvement market value
$7,227,913
Total market value
$8,376,590
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
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Status
Off-Market
Year built
1991
Heating
SPACE
Cooling
YES
Buildings
2
Total area
103,200 SF
Lot
11.72 ac (510,523 SF)
Zoning code
ID
APN
400224 422406 0000
UPID
US90-2690861
Jurisdiction
WHATCOM
Zoning & alternative use
ID · Lynden, WAZoning ID · permitted uses
ID · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ID (Industrial District) - An industrial zone that permits a variety of industrial uses, controlled primarily by performance standards.
Zone name
Industrial
General category
INDUSTRIAL
Zone area
273.22 ac
Source
Complete Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$17.6M
WAREHOUSE, STORAGE
Est. value
$16.8M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1991
Heating
SPACE
Cooling
Yes
Buildings
2
Lot
11.72 ac
Current owner
From public records · entity-resolved
Jd Bargen Industries LLC
Entity
Mailing address
PO BOX 528, LYNDEN, WA 98264-0528
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2011
$3,800,000
Jd Bargen Industries LLC
Lynden Door INC
Warranty Deed
$3,420,000 · Lynden Door INC
May 21, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Lynden Door INC
—
Deed Of Trust
related
$2,000,000 · Wfb NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2077 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
