215 Marine Dr Blaine, WA 98230
Property profile & analytics
215 Marine Dr Blaine, WA 98230
- Investment properties
- 18,884 SF
Property ID
US90-1436309
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fleming Mark D DDS / Dental Office
- Dr. Patrick J. Rooney, DDS / Dental Office
- Kam-Way Transportation Inc / Freight Service / Logistics Company
Property Details for 215 Marine Dr
- Year built
- 1980
- Property size
- 18,884 SF
- Zone code
- CBW
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 405101 360530 0048
- APU
- 4051013605300048
Description
This exceptional commercial property, located at 215 Marine Drive in Blaine, Washington, presents a unique investment opportunity. The property encompasses two commercial buildings offering a blend of office and retail spaces, ideally situated on the picturesque marina boardwalk. Enjoy breathtaking views of the marina and passing sailboats while conducting business. The strategic location provides convenient access to Interstate 5 and the US/Canada border, offering significant advantages for businesses seeking regional or international reach. While the exact square footage is not currently specified, potential buyers are encouraged to conduct their own due diligence to determine the precise dimensions of each building and the total usable space. The property is offered at $2,195,000. The land encompasses zero acres, indicating the buildings are likely situated on a leasehold or are part of a larger development. Prospective buyers are responsible for verifying all information provided, including but not limited to, zoning regulations, building permits, and any existing leases or agreements. This is an exceptional opportunity to acquire a well-positioned commercial property in a vibrant waterfront location. The property's proximity to major transportation routes and the international border presents significant potential for growth and profitability. Serious inquiries are encouraged to conduct thorough due diligence before making an offer.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,995,000
- 6.5%
- $3,685,000
- 7%
- $3,425,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,404,000
- AI Estimate
- $2,887,000
Market price range: $3.40M - $8.23MMarket price range: $2.89M - $7.45M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $5,510,000 Current use
- OFFICE BUILDING
- $5,490,000 Change: -0% Conversion: Easy
- RETAIL STORES
- $4,750,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Blaine
- County
- Whatcom
- State
- Washington
- Longitude
- -122.757
- Latitude
- 48.9951
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$9,452
$0.00
$1,267,651
$1,267,651
-
$0.00
$1,267,651
$1,267,651
