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    Property profile & analytics

    2900 Meridian St Bellingham, WA 98225-1711

    • Banks
    • 3,600 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $1,745,000
    Last Sale
    Aug 06, 2021
    $1,600,000
    Location Intelligence
    Property ID
    US90-0138562
    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

    • Toni Miller @ Weichert Realtors Vanson Associates / Real Estate Agent
    • MMRA Real Estate Management / Real Estate Rental Agency / Real Estate Agency
    • Security First Mortgage Inc / Real Estate Agency / Loan Agency
    • Michelle DeKoekkoek Weichert, Realtor / Commercial Real Estate Agency / Real Estate Agency
    • Bridget Cantrell, Weichert Realtors Vanson Assoc / Real Estate Agent

    Property Details for 2900 Meridian St

    Year built
    1977
    Lot size
    0.34 lot acres
    Property size
    3,600 SF
    Zone code
    CC
    Property type
    Banks
    APN
    380319 007318 0000
    APU
    3803190073180000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,815,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,565,000
      6.5%
      $1,420,000
      7%
      $1,440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,485,000
      Geo Method
      $1,435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,450,000
      Retail
      $1,285,000
      Mixed-Use
      $1,705,000
      Hospitality
      $1,280,000
      Educational
      $1,705,000
      Residential Income
      $1,630,000
      Energy
      $1,545,000
      Income-Based Land
      $1,725,000
      Food Service
      $1,375,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.486
    Latitude
    48.7685
    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
    $8,413
    $607,392
    $474,630
    $1,082,022
    -
    $607,392
    $474,630
    $1,082,022

    Comparable in this City

    • Value Estimation by Request
      24,240 SF

      322 Commercial St

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      322 Commercial St, Bellingham, WA 98225-4042
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    • Value Estimation by Request
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      1600 Cornwall Ave

      FINANCIAL BUILDING • 4,958 SF
      1600 Cornwall Ave, Bellingham, WA 98225-4633
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    • Value Estimation by Request
      7,402 SF

      1100 State St

      FINANCIAL BUILDING • 7,402 SF
      1100 State St, Bellingham, WA 98225-5014
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    • Value Estimation by Request
      10,974 SF

      121 Holly St

      FINANCIAL BUILDING • 10,974 SF
      121 Holly St, Bellingham, WA 98225-4310
      View Details
    • Value Estimation by Request
      5,115 SF

      2501 James St

      FINANCIAL BUILDING • 5,115 SF
      2501 James St, Bellingham, WA 98225-3529
      View Details
    • Value Estimation by Request
      11,618 SF

      3233 Nwnw Ave

      FINANCIAL BUILDING • 11,618 SF
      3233 Nwnw Ave, Bellingham, WA 98225-1317
      View Details

    Similar Nearby for Sale

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      Prime Retail Space, Redevelopment Potential
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    • $799,000
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      Corner Retail with Apartment Above

      Leased retail and apartment building with parking and storage.
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    • $950,000
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      Bellingham Storefront: Prime Location

      High-return retail investment, fully leased.
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    Similar Nearby for Lease

    • $1,000 /Mo
      1,332 SF

      Prime Retail Space Available

      Highly visible retail space in a thriving commercial corridor.
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    • $30 SF/Yr
      1,200 SF

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      Retail space with high foot traffic and parking.
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      Prime retail space in downtown Bellingham, WA for lease.
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    • $18 SF/Yr
      6,024 SF

      Retail Space in Old Town

      Street-level retail space in Old Town Village, Bellingham.
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    • $26 SF/Yr
      5,000 SF

      Fairhaven Retail/Restaurant Space Available

      Street retail space in historic Fairhaven, currently a restaurant.
      1100 Harris Ave, Bellingham, WA 98225
      View Details
    • Contact for pricing
      573 SF

      Retail/Office Space on State Street

      Ground-floor commercial condo in a high-traffic, mixed-use building.
      1031 North State St, Bellingham, WA 98225
      View Details
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    Bellingham, WA 98225-1711
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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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