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    Property profile & analytics

    2814 Meridian St Bellingham, WA 98225-2413

    • Grocery and convenience stores
    • 43,947 SF
    • 4.64 lot acres
    OFF-MARKET
    Value Estimation
    $10,170,000
    Last Sale
    Jan 12, 2021
    $9,243,139
    Location Intelligence
    Property ID
    US90-0595770
    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

    • Haggen / Grocery Store
    • Starbucks / Coffee Shop / Cafe
    • Primo Water Refill / Bottled Water Supplier
    • Redbox / Movie Rental Kiosk / Dvd Store
    • Haggen Pharmacy / Pharmacy

    Property Details for 2814 Meridian St

    Year built
    1979
    Lot size
    4.64 lot acres
    Property size
    43,947 SF
    Zone code
    CC
    Property type
    Grocery and convenience stores
    APN
    380319 027250 0000
    APU
    3803190272500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,305,000
      6.5%
      $9,730,000
      7%
      $9,610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,345,000
      Geo Method
      $8,635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,270,000
      Retail
      $8,780,000
      Mixed-Use
      $8,275,000
      Hospitality
      $7,560,000
      Educational
      $9,275,000
      Residential Income
      $8,895,000
      Energy
      $7,955,000
      Income-Based Land
      $8,305,000
      Food Service
      $7,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.485
    Latitude
    48.7676
    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
    2024
    $73,745
    $4,185,846
    $5,298,991
    $9,484,837
    -
    $4,185,846
    $5,298,991
    $9,484,837

    Comparable in this City

    • Value Estimation
      $360,000
      3,362 SF

      1383 Marine Dr

      GROCERY, SUPERMARKET • 3,362 SF
      1383 Marine Dr, Bellingham, WA 98225-8429
      View Details
    • Value Estimation
      $400,000
      4,432 SF

      1000 C St

      GROCERY, SUPERMARKET • 4,432 SF
      1000 C St, Bellingham, WA 98225-3902
      View Details
    • Value Estimation by Request
      44,143 SF

      2825 Roeder Ave

      GROCERY, SUPERMARKET • 44,143 SF
      2825 Roeder Ave, Bellingham, WA 98225-2053
      View Details
    • Value Estimation
      $320,000
      956 SF

      2606 Maplewood Ave

      GROCERY, SUPERMARKET • 956 SF
      2606 Maplewood Ave, Bellingham, WA 98225-1203
      View Details
    • Value Estimation
      $275,000
      668 SF

      2121 King St

      GROCERY, SUPERMARKET • 668 SF
      2121 King St, Bellingham, WA 98225-4143
      View Details
    • Value Estimation
      $420,000
      2,407 SF

      3110 Nwnw Ave

      GROCERY, SUPERMARKET • 2,407 SF
      3110 Nwnw Ave, Bellingham, WA 98225-1600
      View Details

    Similar Nearby for Sale

    • $1,600,000
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      Gas Station Convenience Store Opportunity

      Turnkey gas station with convenience store in a prime location.
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      View Details
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      Leased retail and apartment building with parking and storage.
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      Retail space with high foot traffic and parking.
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      Highly visible, remodeled retail space in downtown Bellingham near waterfront.
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      Retail Space in Bellingham, WA

      Retail space available for lease in Bellingham, Washington.
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      View Details

    Property Visit Statistics

    • Visits by month
      59.5k
    • Visitors by month
      26.1k
    • Avg Time on site
      16 min
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    2814 Meridian St
    Bellingham, WA 98225-2413
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    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
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