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    Property profile & analytics

    288 Martin St Blaine, WA 98230-4045

    • Office buildings
    • 14,013 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $1,625,000
    Last Sale
    Dec 22, 2021
    $1,400,000
    Location Intelligence
    Property ID
    US90-0131802
    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

    • Raising the brow / Beauty Salon
    • Loomis Hall Business Suites & Lofts / Historical Landmark
    • Healthy Youth Coalition North County / Non-Profit Organization
    • Fortiphi Insurance / Insurance Agency
    • Dr. Elizabeth Schnippel / Alternative Medicine Practitioner / Practitioner Service Location

    Property Details for 288 Martin St

    Year built
    1905
    Lot size
    0.15 lot acres
    Property size
    14,013 SF
    Zone code
    CM
    Property type
    Office buildings
    APN
    405101 521548 0000
    APU
    4051015215480000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,730,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,375,000
      6.5%
      $1,325,000
      7%
      $1,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,445,000
      Geo Method
      $1,250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,390,000
      Retail
      $1,590,000
      Mixed-Use
      $1,450,000
      Hospitality
      $1,435,000
      Educational
      $1,305,000
      Residential Income
      $1,255,000
      Energy
      $1,695,000
      Income-Based Land
      $1,345,000
      Food Service
      $1,365,000

    Location Insight

    • Map
    • Local Demand
    City
    Blaine
    County
    Whatcom
    State
    Washington
    Longitude
    -122.75
    Latitude
    48.9934
    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
    $8,737
    $185,600
    $1,113,857
    $1,299,457
    -
    $185,600
    $1,113,857
    $1,299,457

    Comparable in this City

    • Value Estimation
      $4,645,000
      0.14 Acres

      2150 Peace Portal Dr

      PROFESSIONAL BUILDING • 0.14 Acres
      2150 Peace Portal Dr, Blaine, WA 98230-9192
      View Details
    • Value Estimation by Request
      23,767 SF

      435 Martin St

      PROFESSIONAL BUILDING • 23,767 SF
      435 Martin St, Blaine, WA 98230-4118
      View Details
    • Value Estimation
      $415,000
      1,494 SF

      978 Peace Portal Dr

      PROFESSIONAL BUILDING • 1,494 SF
      978 Peace Portal Dr, Blaine, WA 98230-4009
      View Details
    • Value Estimation
      $440,000
      2,160 SF

      63 12th St

      PROFESSIONAL BUILDING • 2,160 SF
      63 12th St, Blaine, WA 98230-8142
      View Details
    • Value Estimation
      $345,000
      2,860 SF

      370 H St

      PROFESSIONAL BUILDING • 2,860 SF
      370 H St, Blaine, WA 98230-4109
      View Details
    • Value Estimation
      $745,000
      2,016 SF

      838 Peace Portal Dr

      PROFESSIONAL BUILDING • 2,016 SF
      838 Peace Portal Dr, Blaine, WA 98230-4010
      View Details

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    Similar Nearby for Lease

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      1,450 SF

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      Spacious office suite in a prime Blaine location.
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      View Details
    • $1,850 /Mo
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      Stand-alone office/retail building in a waterfront setting.
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      Modern office space in Downtown Blaine with water views.
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    • Contact for pricing
      23,087 SF

      Land for Lease in Blaine

      Land available for lease in Blaine, Washington.
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    • $259,000
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      New Light Industrial Condos

      Newly constructed light industrial condos for lease or sale.
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    • $0.75 SF/Yr
      28,000 SF

      Blaine Retail Space For Rent

      28,000 square foot retail space available for lease.
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      View Details
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    288 Martin St
    Blaine, WA 98230-4045
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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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