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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Warehouses
2657 Delta Ring Rd Ferndale, WA 98248-8818
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-0378192
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
10,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
LII
APN
390101 470370 0000
UPID
US90-0378192
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
-
Evolution Technologies Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
Evolution Technologies USA INC · 12 yrs held
Evolution Technologies USA INC
since 2013
6 recorded transactions
Zoning & alternative use
LII · Ferndale, 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 Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$75 / 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
$5,291
Tax year 2021
Assessed value
$669,917
Assessed 2022
Previous assessed
$669,917
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$197,516
Assessed improvement
$472,401
Land market value
$197,516
Improvement market value
$472,401
Total market value
$669,917
Applied tax rate
2,025.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
SPACE
Cooling
YES
Total area
10,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
LII
APN
390101 470370 0000
UPID
US90-0378192
Jurisdiction
WHATCOM
Zoning & alternative use
LII · Ferndale, WA
Zoning LII · permitted uses
LII · Ferndale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ferndale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
SPACE
Cooling
Yes
Lot
1.15 ac
Current owner
From public records · entity-resolved
Evolution Technologies USA INC
Entity
Mailing address
2657 DELTA RING RD, FERNDALE, WA 98248-8818
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2013
$600,000
Evolution Technologies USA INC
Lucky Cat Investments LLC
Warranty Deed
—
Jun 8, 2006
—
Lucky Cat Investments LLC
—
Trustees Deed
related
$645,000 · Whidbey Island Bank
Jun 30, 2005
$159,000
Lucky Cat Investments LLC
Portal Holdings Corp
Warranty Deed
$645,000 · Whidbey Island Bank
Jun 27, 2005
—
Portal Holdings Corp
Delta Line Industrial Park LLP
Warranty Deed
related
—
Jun 21, 2005
—
Portal Holdings Corp
Delta Line Industrial Park LLP
Grant Deed
related
—
—
—
Lucky Cat Investments LLC
—
Deed Of Trust
related
$267,000 · Northwest Busn Dev Assn
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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