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Property profile & analytics
OFF-MARKET
Auto shops
4108 Hannegan Rd, Bellingham, WA 98226-9196
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-0117932
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2001
Total area
9,291 SF
Lot
0.69 ac (30,000 SF)
Zoning code
PI
APN
380309 018019 0000
UPID
US90-0117932
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
-
No.1 Automotive Body Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Walker Property LLC · 13 yrs held
Walker Property LLC
since 2012
7 recorded transactions
Zoning & alternative use
PI · Bellingham, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,745
Tax year 2021
Assessed value
$1,315,689
Assessed 2022
Previous assessed
$1,315,689
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$438,615
Assessed improvement
$877,074
Land market value
$438,615
Improvement market value
$877,074
Total market value
$1,315,689
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2001
Heating
NONE
Cooling
YES
Total area
9,291 SF
Lot
0.69 ac (30,000 SF)
Zoning code
PI
APN
380309 018019 0000
UPID
US90-0117932
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.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Cooling
Yes
Lot
0.69 ac
Current owner
From public records · entity-resolved
Walker Property LLC
Entity
Mailing address
4108 HANNEGAN RD, BELLINGHAM, WA 98226-9196
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2021
—
Walker Property LLC
—
Deed
related
$1,500,000 · Peoples Bank
Jan 25, 2019
—
Walker Property LLC
—
Deed
related
$1,000,000 · Bank Of The Pacific
Mar 22, 2017
—
Walker Property LLC
—
Deed
related
$250,000 · Bank Of The Pacific
Sep 29, 2016
—
Walker Property LLC
—
Deed
related
$570,000 · Bank Of The Pacific
May 17, 2016
—
Walker Properties LLC
—
Trustees Deed
related
$250,000 · Bank Of The Pacific
Apr 28, 2014
—
Walker Property LLC
—
Trustees Deed
related
$150,000 · Bank Of The Pacific
Dec 27, 2012
—
Walker Property LLC
Walker,robert A
Quit Claim Deed
related
—
Sep 22, 2006
—
Walker Property LLC
—
Trustees Deed
related
$250,000 · Bank Of Pacific
Sep 13, 2002
—
Walker Properties LLC
Walker,rbert A & Caitlin R
Quit Claim Deed
related
—
May 23, 2001
$279,216
Robert A Walker
Walton,john H & Loi L
Grant Deed
$150,000 · Us Bank NA
—
—
Walker Property LLC
—
Deed Of Trust
related
$600,000 · Us Bank NA
—
—
Walker Property LLC
—
Deed Of Trust
related
$570,000 · Bank Of The Pacific
—
—
Walker Property LLC
—
Deed Of Trust
related
$250,000 · Bank Of The Pacific
—
—
Walker Properties LLC
—
Deed Of Trust
related
$250,000 · Bank Of Pacific
—
—
Walker Properties LLC
—
Deed Of Trust
related
$650,000 · Andrew E Shaw
—
—
Walker Property LLC
—
Deed Of Trust
related
$476,000 · Cnl Mortgage
—
—
Walker Property LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of The Pacific
—
—
Walker Property LLC
—
Deed Of Trust
related
$770,200 · Cnl Mortgage
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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