New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Investment properties
3130 Howe Pl, Bellingham, WA 98226-5641
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-0420541
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2008
Total area
5,052 SF
Lot
0.37 ac (16,257 SF)
Zoning code
PI
APN
380320 443463 0000
UPID
US90-0420541
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
-
Law Offices of Gregory E. Thulin, PS Law Firm
-
King Health Associates Medical Clinic
-
Edward Jones - Financial Advisor: Rob Naidu Financial Advisor
-
Barkley Yoga Gym & Fitness Center
-
Amy Fritsch Practitioner Service Location Family Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.30M
Owner & transaction history
Tripleff LLC · 7 yrs held
Tripleff LLC
since 2018
7 recorded transactions
Zoning & alternative use
PI · Bellingham, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+31.1%
Office building
$1.8M
+16.6%
Medical building
$1.6M
+3.6%
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 Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,510,000
Current use
RESTAURANT
$1,985,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$1,765,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$1,565,000
Change: +4% · Conversion: Easy
RETAIL STORES
$1,480,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10%
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
$257 / 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
$11,788
Tax year 2021
Assessed value
$1,365,398
Assessed 2022
Previous assessed
$1,365,398
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$481,828
Assessed improvement
$883,570
Land market value
$481,828
Improvement market value
$883,570
Total market value
$1,365,398
Applied tax rate
100.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2008
Heating
NONE
Total area
5,052 SF
Lot
0.37 ac (16,257 SF)
Zoning code
PI
APN
380320 443463 0000
UPID
US90-0420541
Jurisdiction
WHATCOM
Zoning & alternative use
PI · Bellingham, WA
Zoning PI · permitted uses
PI · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Tripleff LLC
Entity
Mailing address
708 HIGHLAND DR, BELLINGHAM, WA 98225-6412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2025
—
Tripleff LLC
—
Deed
related
$960,000 · Savibank
Feb 12, 2020
—
Tripleff LLC
—
Deed
related
$1,175,000 · Savibank
Aug 14, 2018
—
Tripleff LLC
Finnegan,jody L P
Quit Claim Deed
related
—
May 31, 2018
—
Finnegan Jody L P
Finnegan,brian J
Quit Claim Deed
related
—
Jun 1, 2007
—
Shamrock Properties LLC
—
Trustees Deed
related
$969,675 · Frontier Bank
Jan 13, 2006
$290,000
Shamrock Properties LLC
Talbot Real Estate LLC
Warranty Deed
$217,500 · Bank Of Pacific
—
—
Coleman Cela B Trust
—
Deed Of Trust
related
$75,000 · Whidbey Island Bank
—
—
Shamrock Properties LLC
—
Deed Of Trust
related
$1,200,000 · Bank Of Pacific
—
—
Tripleff LLC
—
Deed Of Trust
related
$950,000 · Savibank
—
—
Tripleff LLC
—
Deed Of Trust
related
$1,175,000 · Savibank
—
—
Shamrock Properties LLC
—
Deed Of Trust
related
$150,000 · Sucia Bay Dev LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3130 Howe Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
