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Financial
Distress signals
Property profile

3903 Spur Rdg Ln Bellingham, WA 98226

OFF-MARKET
Warehouses
Property ID
US90-0051290
14,000 SF 0.62 ac lot Built 2004
Last sale Jun 2025 · $2,590,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 14,000-square-foot warehouse in Bellingham, WA's Irongate Industrial area is available for the first time since its 2004 construction. The single-story, single-tenant building sits on a 0.62-acre lot and features 9 exterior parking spaces with a convenient cul-de-sac turnaround. The well-maintained property boasts approximately 1,320 square feet of office space spread across two floors, including a reception/entry area, two offices, a kitchenette, and storage. High ceilings…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$11k
Tax billed · 2021
Assessed value · 2022$1.37M
Assessed land$355k
Assessed improvement$1.01M
Effective rate0.78%

Value estimate

· Oct 2026
$470k
$423k – $517k
CAP approach$1.62M
Submarket $/SF estimate$2.18M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$202/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$74 – $301

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?
HI
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.3
Hair Salon8.9
Locksmith8.9

Location

3903 Spur Rdg Ln Bellingham, WA 98226-1227
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 Van Wyck, Bellingham, WA 98226-8817 $2,525,000 Dec 2025 9,608 SF
2891 Bakerview, Bellingham, WA 98226-7719 $3,000,000 Apr 2024 11,131 SF
1905 Division, Bellingham, WA 98226-8043 $1,475,000 Mar 2024 17,891 SF
1325 Marietta, Bellingham, WA 98226-8333 $540,000 Nov 2023 12,960 SF
2033 Division, Bellingham, WA 98226-8058 $2,100,000 May 2022 15,815 SF
2227 Midway, Bellingham, WA 98226-1218 $3,300,000 May 2022 9,920 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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