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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Community centers
220 36th St Bellingham, WA 98225-6540
Entity Owned
21-yr Hold
Free & Clear
Property ID
US90-3355317
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1992
Total area
15,916 SF
Lot
8.93 ac (388,773 SF)
Zoning code
PC
APN
370306 390535 0000
UPID
US90-3355317
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
-
LibertyX Bitcoin ATM Atm
-
Rite Aid Pharmacy
-
Rite Aid Pharmacy Pharmacy
-
Maxim L. Datsky, PharmD Pharmacy
-
Rite Aid Photo (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$941k
Blend (final)
Blend
$1.02M
Owner & transaction history
Sehome Of Vander Pol LLC · 21 yrs held
Sehome Of Vander Pol LLC
since 2004
4 recorded transactions
Zoning & alternative use
PC · Bellingham, 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 Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham 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
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$64 / 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
$120,315
Tax year 2021
Assessed value
$14,180,824
Assessed 2022
Previous assessed
$14,180,824
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$8,117,267
Assessed improvement
$6,063,557
Land market value
$8,117,267
Improvement market value
$6,063,557
Total market value
$14,180,824
Applied tax rate
100.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1992
Heating
NONE
Cooling
YES
Buildings
3
Total area
15,916 SF
Lot
8.93 ac (388,773 SF)
Zoning code
PC
APN
370306 390535 0000
UPID
US90-3355317
Jurisdiction
WHATCOM
Zoning & alternative use
PC · Bellingham, WA
Zoning PC · permitted uses
PC · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Cooling
Yes
Buildings
3
Lot
8.93 ac
Current owner
From public records · entity-resolved
Sehome Of Vander Pol LLC
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 3165, HARRISBURG, PA 17105-3165
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2004
—
Sehome Of Vander Pol LLC
Sunrise South LLC
Grant Deed
related
—
Oct 7, 2003
$2,326,797
Marketplace Assoc Bellingham
Bellingham Marketplace Assoc
Grant Deed
related
—
—
—
Marketplace Assoc Bellingham
—
Deed Of Trust
related
$8,300,000 · Nomura Asset Capital Corp
—
—
Sehome Of Vander Pol LLC
—
Deed Of Trust
related
$14,100,000 · Boeing Emps Cu
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
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