Financial
Distress signals
Property profile

23 Bellwether Way Bellingham, WA 98225

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

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

Value estimate

· Sep 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 · 9 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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