Property profile

23 Bellwether Way Bellingham, WA 98225

OFF-MARKET
Investment properties
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Property ID
US90-1194527
0.4 ac
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 2,197 square foot office suite, located at 23 Bellwether Way in Bellingham, Washington, presents a unique opportunity for businesses seeking a prestigious waterfront address. Situated within a high-quality office complex on the Squalicum Marina, Suite 101 offers a desirable ground floor location. The property is categorized as retail and office, with a traditional office subtype and multiple tenancy. Its convenient location provides easy access to a variety of amenities,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2022$797k
Assessed land$797k

Value estimate

· Nov 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$162 – $451

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PCM
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.9
Auto Parts Store15.0
HVAC Service14.6

Location

23 Bellwether Way Bellingham, WA 98225-2970
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2100 Iron, Bellingham, WA 98225-4123 $750,000 Jun 2024 999 SF
1312 11th, Bellingham, WA 98225-7017 $13,594,864 Jan 2024 4,340 SF
1715 Ellis St, Bellingham, WA 98225-4652 $550,000 Dec 2023 1,369 SF
909 Harris, Bellingham, WA 98225-7080 $3,000,000 Oct 2023 12,399 SF
1711 Ellis St, Bellingham, WA 98225-4654 $585,000 Oct 2023 1,443 SF
1059 State, Bellingham, WA 98225-5011 $1,798,349 Sep 2023 12,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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