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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Medical Office Space
302 Columbia St Nooksack, WA 98276-8202
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1485167
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1967
Total area
4,135 SF
Lot
0.61 ac (26,572 SF)
Zoning code
RES
APN
400429 153009 0000
UPID
US90-1485167
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$698k
Blend (final)
Blend
$605k
Owner & transaction history
Nooksack Property Holdings LLC · 4 yrs held
Nooksack Property Holdings LLC
since 2022
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
RES · Nooksack, 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 Nooksack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nooksack 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
Method
Estimation
Statistic approach
$620,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$625,000
7%
$580,000
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $600k (Apr 1 2022)
Last sale anchor
$600k
Apr 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,658
Tax year 2024
Assessed value
$529,556
Assessed 2023
Previous assessed
$394,384
+34.3% YoY
Effective rate
0.88%
On assessed value
Assessed land
$104,856
Assessed improvement
$424,700
Land market value
$104,856
Improvement market value
$424,700
Total market value
$529,556
Applied tax rate
630.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1967
Heating
NONE
Cooling
YES
Total area
4,135 SF
Lot
0.61 ac (26,572 SF)
Zoning code
RES
APN
400429 153009 0000
UPID
US90-1485167
Jurisdiction
WHATCOM
Zoning & alternative use
RES · Nooksack, WA
Zoning RES · permitted uses
RES · Nooksack, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nooksack. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Cooling
Yes
Lot
0.61 ac
Current owner
From public records · entity-resolved
Nooksack Property Holdings LLC
Entity
Mailing address
15808 BOW CEMETERY RD, BOW, WA 98232-8626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$600,000
Nooksack Property Holdings LLC
Iversen Kelley LLC
Bargain And Sale Deed
—
Oct 4, 2004
$71,000
Scott A Myhre
Iverson Kelley LLC
Warranty Deed
—
Jul 8, 1996
$265,000
Harlan Kelley
Vinkes,everett R & Carole A
Grant Deed
—
—
—
Iversen Kelly LLC
—
Deed Of Trust
related
$250,000 · Bank Of America
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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