Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2500 Squalicum Pkwy, Unit 101 Bellingham, WA 98225-1856

    • Medical offices
    • 2,822 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Feb 19, 2021
    $440,000
    Location Intelligence
    Property ID
    US90-2840271
    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.

    Current Use by Public Records

    • Plastic Surgery Bellingham-Dr.'s Blackburn, Whitney and James / Cosmetic Surgeon
    • Whitney Timothy M MD / Plastic Surgeon / Doctor
    • Helen A. James, M.D. / Plastic Surgeon / Doctor
    • James H. Blackburn II MD / Doctor / Plastic Surgery Clinic
    • Melissa Larsen / Plastic Surgeon / Health Care Facility

    Property Details for 2500 Squalicum Pkwy

    Year built
    2022
    Lot size
    0.07 lot acres
    Property size
    2,822 SF
    Zone code
    RMIN15
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    380318 226044 0002
    APU
    3803182260440002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $365,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $355,000
      Mixed-Use
      $385,000
      Hospitality
      $340,000
      Educational
      $415,000
      Residential Income
      $395,000
      Energy
      $370,000
      Income-Based Land
      $355,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.476
    Latitude
    48.7763
    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
    $4,376
    $352,820
    $727,004
    $1,079,824
    -
    $352,820
    $727,004
    $1,079,824

    Comparable in this City

    • Value Estimation by Request
      15,769 SF

      2979 Squalicum Pkwy Ste, Unit 101

      MEDICAL BUILDING • 15,769 SF
      2979 Squalicum Pkwy Ste, Bellingham, WA 98225-1813
      View Details
    • Value Estimation by Request
      183 SF

      3015 Squalicum Pkwy Ste, Unit 150

      MEDICAL BUILDING • 183 SF
      3015 Squalicum Pkwy Ste, Bellingham, WA 98225-1906
      View Details
    • Value Estimation by Request
      0.90 Acres

      3100 Squalicum Pkwy

      MEDICAL BUILDING • 0.90 Acres
      3100 Squalicum Pkwy, Bellingham, WA 98225-1936
      View Details
    • Value Estimation
      $305,000
      2,154 SF

      3015 Squalicum Pkwy Ste, Unit 160

      MEDICAL BUILDING • 2,154 SF
      3015 Squalicum Pkwy Ste, Bellingham, WA 98225-1906
      View Details
    • Value Estimation by Request
      22,631 SF

      410 Birchwood Ave

      MEDICAL BUILDING • 22,631 SF
      410 Birchwood Ave, Bellingham, WA 98225-1783
      View Details
    • Value Estimation by Request
      13,210 SF

      450 Birchwood Ave

      MEDICAL BUILDING • 13,210 SF
      450 Birchwood Ave, Bellingham, WA 98225-1702
      View Details

    Similar Nearby for Sale

    • $5,800,000
      7,516 SF

      Medical Building with Surgery Center

      Stand-alone medical building with surgery center and operatory rooms.
      340 Birchwood Ave, Bellingham, WA 98225
      View Details
    • $6,700,000
      7,696 SF

      Move-in Ready Medical Facility

      Fully equipped medical facility near PeaceHealth St. Joseph Medical Center.
      2500 Squalicum Pkwy, Bellingham, WA 98225
      View Details
    • $1,400,000
      1,800 SF

      Medical Office Investment Opportunity

      Fully leased oral surgery suite in medical community.
      3136 Squalicum Pkwy, Bellingham, WA 98225
      View Details
    • $2,500,000

      Downtown Bellingham Multi-Tenant Office Building

      Fully occupied office building in downtown Bellingham for sale.
      300 N Commercial St, Bellingham, WA 98225
      View Details
    • $2,150,000

      Downtown Bellingham Class A Building

      Class A building in downtown Bellingham with development potential.
      1501 Cornwall Ave, Bellingham, WA 98225
      View Details
    • $950,000
      2,448 SF

      Bellingham Storefront: Prime Location

      High-return retail investment, fully leased.
      2731 Meridian St, Bellingham, WA 98225
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      2,760 SF

      Birchwood Medical Center: Prime Space

      Medical Office Suites - Whatcom County
      520 Birchwood Ave, Bellingham, WA 98225
      View Details
    • $28 SF/Yr
      2,062 SF

      Move-in Ready Medical/Professional Office Space

      Turn-key office space near City Hall, suitable for various uses.
      414 Girard St, Bellingham, WA 98225
      View Details
    • $400 /Mo
      92 SF

      Medical Office Space Available

      Medical office space for lease in wellness clinic.
      102-104 Ohio St, Bellingham, WA 98225
      View Details
    • $22 SF/Yr
      1,925 SF

      Professional Space in Bellingham

      Built-out space suitable for office, medical, or retail use.
      902 North State St, Bellingham, WA 98225
      View Details
    • $18 SF/Yr
      1,044 SF

      Fairhaven Office Space For Rent

      Historic building office space in downtown Fairhaven with natural light.
      915 Harris Ave, Bellingham, WA 98225
      View Details
    • $3,653 /Mo
      1,537 SF

      Fairhaven Office Space with Parking

      Professional office space in a highly visible, central location.
      1514 12Th St, Bellingham, WA 98225
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2500 Squalicum Pkwy, Unit 101
    Bellingham, WA 98225-1856
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.