Financial
Distress signals
Property profile

3628 Meridian St Ste 1a Bellingham, WA 98225

OFF-MARKET
Medical Office Space
Property ID
US90-2919977
1,752 SF Built 1986
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,682 square foot medical office and warehouse space, located at 3628 Meridian Street, Unit #2A in Bellingham, Washington, presents a unique investment opportunity. Priced at $525,000 ($312.13 per square foot), this property boasts a prime location with easy access to I-5 and the St. Joseph Complex. Currently configured as a fully equipped dental office, it's ideal for immediate occupancy. The building, constructed in 1986, sits on a 2.2-acre lot (APN: 3803180191750005) and

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$4k
Tax billed · 2021
Assessed value · 2022$637k
Assessed land$321k
Assessed improvement$316k
Effective rate0.60%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$169 – $455
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PCNR35
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.5
Building Supply14.9
HVAC Service14.7

Location

3628 Meridian St Ste 1a Bellingham, WA 98225-1735
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
707 Holly, Bellingham, WA 98225-4712 $750,000 Mar 2025 1,741 SF
412 Girard, Bellingham, WA 98225-4004 $50,152,714 Apr 2022 2,044 SF
2221 James, Bellingham, WA 98225-4141 $420,000 Jul 2021 1,698 SF
1126 Frst, Bellingham, WA 98225 $1,100,000 Mar 2020 1,638 SF
2114 James, Bellingham, WA 98225-4140 $540,000 Jan 2020 2,357 SF
1715 C, Bellingham, WA 98225-4016 $621,000 Aug 2019 1,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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