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Property profile & analytics
OFF-MARKET
Banks
208 3rd St Lynden, WA 98264-1441
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-1298543
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1947
Total area
4,882 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CSL
APN
400320 331394 0000
UPID
US90-1298543
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
-
K Engineers Inc Engineer
-
Lynden's Federal Direct Tax Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steven B Tevelde · 4 yrs held
Steven B Tevelde
since 2021
Last sale
$254,000
1 recorded transaction
Zoning & alternative use
CSL · Lynden, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,682
Tax year 2021
Assessed value
$384,137
Assessed 2022
Previous assessed
$384,137
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$127,961
Assessed improvement
$256,176
Land market value
$127,961
Improvement market value
$256,176
Total market value
$384,137
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1947
Heating
SPACE
Cooling
YES
Total area
4,882 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CSL
APN
400320 331394 0000
UPID
US90-1298543
Jurisdiction
WHATCOM
Zoning & alternative use
CSL · Lynden, WA
Zoning CSL · permitted uses
CSL · 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.
Building & site characteristics
From public records
Year built
1947
Heating
SPACE
Cooling
Yes
Lot
0.11 ac
Current owner
From public records · entity-resolved
Steven B Tevelde
Individual
Mailing address
208 3RD ST, LYNDEN, WA 98264-1441
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$254,000
Steven B Tevelde
Matthew Kok
Warranty Deed
$228,600 · The Estate Of Jan Leslie Kok
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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