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Property profile & analytics
OFF-MARKET
Medical Office Space
414 Girard St Bellingham, WA 98225-4004
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-0117661
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1960
Total area
2,062 SF
Lot
0.11 ac (5,001 SF)
Zoning code
RM15OF
APN
380330 196408 0000
UPID
US90-0117661
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
-
Peeples Physical Therapy Physician
-
Paul Gjalt De Jong Alternative Medicine Practice Acupuncture
-
Peeples Physical Therapy & Fitness Clinic Medical Clinic
-
Dr. Paul de Jong Alternative Medicine Practice
-
Marie Matteson, MS, Coaching Wellness, One Minute Stress Release Health Consultant Wellness Program
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
Peeples Properties LLC · 10 yrs held
Peeples Properties LLC
since 2015
2 recorded transactions
Zoning & alternative use
RM15OF · 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
$3,906
Tax year 2021
Assessed value
$452,450
Assessed 2022
Previous assessed
$452,450
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$228,000
Assessed improvement
$224,450
Land market value
$228,000
Improvement market value
$224,450
Total market value
$452,450
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
AC.FAN COOLING
Total area
2,062 SF
Lot
0.11 ac (5,001 SF)
Zoning code
RM15OF
APN
380330 196408 0000
UPID
US90-0117661
Jurisdiction
WHATCOM
Zoning & alternative use
RM15OF · Bellingham, WA
Zoning RM15OF · permitted uses
RM15OF · 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
1960
Heating
NONE
Cooling
Yes
Lot
0.11 ac
Current owner
From public records · entity-resolved
Peeples Properties LLC
Entity
Mailing address
1021 CORONADO AVE, BELLINGHAM, WA 98229-2614
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2015
$397,000
Peeples Properties LLC
Robert Holmes
Warranty Deed
$204,000 · Heritage Bank
—
—
Peeples Properties LLC
—
Deed Of Trust
related
$170,000 · Northwest Busn Dev Assn
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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