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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Office buildings
2390 Peace Portal Dr Blaine, WA 98230-8062
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-2679888
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1932
Total area
2,660 SF
Lot
1.64 ac (71,438 SF)
Zoning code
HCAB
APN
400107 482477 0000
UPID
US90-2679888
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
-
Sensitive Skin Clinic Medical Clinic Skin Care Clinic
-
Blaine Postal Center Courier Service Postal Service
-
Country Galz Clothing Store
-
ATAC Sportswear (Bike/Boat/Book/etc) Store
-
Reel Magic Productions Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$525k
Owner & transaction history
Samora Holdings LLC · 12 yrs held
Samora Holdings LLC
since 2014
4 recorded transactions
Zoning & alternative use
HCAB · Blaine, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$825,000
+6.7%
Commercial (general)
$775,000
+0.3%
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 Blaine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blaine 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
$380,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$775,000
Current use
MEDICAL BUILDING
$825,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$775,000
Change: +0% · Conversion: Easy
RETAIL STORES
$670,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$197 / 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
$5,463
Tax year 2021
Assessed value
$715,580
Assessed 2022
Previous assessed
$715,580
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$591,763
Assessed improvement
$123,817
Land market value
$591,763
Improvement market value
$123,817
Total market value
$715,580
Applied tax rate
300.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1932
Heating
SPACE
Cooling
YES
Total area
2,660 SF
Lot
1.64 ac (71,438 SF)
Zoning code
HCAB
APN
400107 482477 0000
UPID
US90-2679888
Jurisdiction
WHATCOM
Zoning & alternative use
HCAB · Blaine, WA
Zoning HCAB · permitted uses
HCAB · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blaine. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$775,000
MEDICAL BUILDING
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$775,000
RETAIL STORES
Est. value
$670,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1932
Heating
SPACE
Cooling
Yes
Lot
1.64 ac
Current owner
From public records · entity-resolved
Samora Holdings LLC
Entity
Mailing address
949 VAN DYK RD, LYNDEN, WA 98264-9203
Ownership since
2014
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
Jul 12, 2024
—
Samora Holdings LLC
—
Deed
related
$222,288 · Whatcom Educational Cu
May 5, 2014
$325,000
Samora Holdings LLC
Exports INC
Warranty Deed
$167,750 · Whatcom Educational Cu
—
—
Samora Holdings LLC
—
Deed Of Trust
related
$141,000 · Evergreen Busn Cap
—
—
Exports INC
—
Loan Modification
related
—
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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