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    Property profile & analytics

    316 Mcleod Rd, Unit A Bellingham, WA 98226-6491

    • Office buildings
    • 9,945 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $505,000
    Last Sale
    Apr 04, 2023
    Location Intelligence
    Property ID
    US90-0134711
    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

    • Redballoon Studios / Photography Studio
    • kimbler financial / Financial Institution
    • McCarrey Law / Legal Services
    • Skookum Kids / Non-Profit Organization
    • Contact Counseling Recovery Services / Counselor / Addiction Treatment Center

    Property Details for 316 Mcleod Rd

    Year built
    1981
    Lot size
    0.23 lot acres
    Property size
    9,945 SF
    Zone code
    PC
    Property type
    Office buildings
    APN
    380318 094317 0000
    APU
    3803180943170000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $660,000
      6.5%
      $650,000
      7%
      $765,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $605,000
      Geo Method
      $600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $665,000
      Mixed-Use
      $560,000
      Hospitality
      $635,000
      Educational
      $620,000
      Residential Income
      $695,000
      Energy
      $725,000
      Income-Based Land
      $580,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.482
    Latitude
    48.783
    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
    2021
    $10,804
    $322,845
    $1,064,493
    $1,387,338
    -
    $322,845
    $1,064,493
    $1,387,338

    Comparable in this City

    • Value Estimation by Request
      9,040 SF

      3350 Airport Dr

      PROFESSIONAL BUILDING • 9,040 SF
      3350 Airport Dr, Bellingham, WA 98226-8048
      View Details
    • Value Estimation
      $710,000
      1,008 SF

      316 Mcleod Rd, Unit B

      PROFESSIONAL BUILDING • 1,008 SF
      316 Mcleod Rd, Bellingham, WA 98226-6491
      View Details
    • Value Estimation
      $315,000
      2,623 SF

      4174 Pacific Hwy

      PROFESSIONAL BUILDING • 2,623 SF
      4174 Pacific Hwy, Bellingham, WA 98226-7395
      View Details
    • Value Estimation by Request
      24,157 SF

      2162 Midway Ln

      PROFESSIONAL BUILDING • 24,157 SF
      2162 Midway Ln, Bellingham, WA 98226-9163
      View Details
    • Value Estimation by Request
      28,840 SF

      455 Stuart Rd

      PROFESSIONAL BUILDING • 28,840 SF
      455 Stuart Rd, Bellingham, WA 98226-1204
      View Details
    • Value Estimation
      $295,000
      1.00 Acre

      3836 Williamson Way

      PROFESSIONAL BUILDING • 1.00 Acre
      3836 Williamson Way, Bellingham, WA 98226-8900
      View Details

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    Similar Nearby for Lease

    • $28 SF/Yr
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      Bellingham Office Space For Rent

      Office space available for lease in Bellingham, Washington.
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      View Details
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      Class A Office Space Available

      Class A office space for rent in Bellingham, Washington.
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      View Details
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      Second floor office suite with shared kitchen space available for rent.
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    • $18 SF/Yr
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      Class A Office Space Available

      Class A office space for rent near I-5 access.
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    • $32 SF/Yr
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      Retail Medical Office Hub

      Retail and medical office spaces available in Bellingham, WA.
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    • $14 SF/Yr
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      Office and Warehouse Space Available

      High-quality office and warehouse space with flexible zoning.
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      View Details
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    Bellingham, WA 98226-6491
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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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