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    Property profile & analytics

    4145 Meridian St Bellingham, WA 98226-5514

    • Medical offices
    • 10,390 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $2,230,000
    Last Sale
    Aug 11, 2022
    $2,350,000
    Location Intelligence
    Property ID
    US90-0074480
    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

    • Cordata Dental Professionals / Dentist
    • Terri Zweber, DDS / Dentist
    • Revive Medical Massage and Bodywork / Massage Spa
    • Norberts Handyman Services / Handyman/Handywoman/Handyperson
    • Bluestone Fire Cupping & Massage / Alternative Medicine Practitioner / Massage Therapist

    Property Details for 4145 Meridian St

    Year built
    1990
    Lot size
    0.65 lot acres
    Property size
    10,390 SF
    Zone code
    PC
    Property type
    Medical offices
    Property subtype
    Medical space
    APN
    380212 422022 0000
    APU
    3802124220220000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,530,000
      6.5%
      $2,180,000
      7%
      $2,435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,420,000
      Geo Method
      $2,585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,140,000
      Retail
      $2,345,000
      Mixed-Use
      $2,710,000
      Hospitality
      $2,140,000
      Educational
      $2,325,000
      Residential Income
      $2,405,000
      Energy
      $2,430,000
      Income-Based Land
      $2,205,000
      Food Service
      $2,060,000

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.491
    Latitude
    48.7905
    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
    2024
    $17,416
    $645,603
    $1,594,351
    $2,239,954
    -
    $645,603
    $1,594,351
    $2,239,954

    Comparable in this City

    • Value Estimation by Request
      29,376 SF

      4029 Nwnw Ave

      MEDICAL BUILDING • 29,376 SF
      4029 Nwnw Ave, Bellingham, WA 98226-9077
      View Details
    • Value Estimation by Request
      29,365 SF

      4101 Meridian St

      MEDICAL BUILDING • 29,365 SF
      4101 Meridian St, Bellingham, WA 98226-5514
      View Details
    • Value Estimation by Request
      59,520 SF

      4545 Cordata Pkwy

      MEDICAL BUILDING • 59,520 SF
      4545 Cordata Pkwy, Bellingham, WA 98226-7263
      View Details
    • Value Estimation
      $330,000
      2,300 SF

      4540 Cordata Pkwy Ste, Unit 101

      MEDICAL BUILDING • 2,300 SF
      4540 Cordata Pkwy Ste, Bellingham, WA 98226-8190
      View Details
    • Value Estimation
      $380,000
      2,946 SF

      3031 Orleans St Ste, Unit 201

      MEDICAL BUILDING • 2,946 SF
      3031 Orleans St Ste, Bellingham, WA 98226-3557
      View Details
    • Value Estimation by Request
      18,988 SF

      4455 Cordata Pkwy

      MEDICAL BUILDING • 18,988 SF
      4455 Cordata Pkwy, Bellingham, WA 98226-8037
      View Details

    Similar Nearby for Sale

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      Commercial Land with Office Building

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      Multifamily development site with completed stormwater improvements.
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      Bellingham Land Parcel on Meridian

      13.64 acre parcel with frontage on State Route 539.
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    Similar Nearby for Lease

    • $32 SF/Yr
      5,019 SF

      Retail Medical Office Hub

      Retail and medical office spaces available in Bellingham, WA.
      4280 Meridian St, Bellingham, WA 98226
      View Details
    • $28 SF/Yr
      8,936 SF

      Bellingham Office Space For Rent

      Office space available for lease in Bellingham, Washington.
      381 West Horton Rd, Bellingham, WA 98226
      View Details
    • $15 SF/Yr
      1,752 SF

      Class A Office Space Available

      Class A office space for rent in Bellingham, Washington.
      400 Sequoia Dr, Bellingham, WA 98226
      View Details
    • $27 SF/Yr
      2,263 SF

      Office Suite with Shared Space

      Second floor office suite with shared kitchen space available for rent.
      2211 Rimland Dr, Bellingham, WA 98226
      View Details
    • $18 SF/Yr
      1,066 SF

      Class A Office Space Available

      Class A office space for rent near I-5 access.
      3031 Orleans St, Bellingham, WA 98226
      View Details
    • $14 SF/Yr
      9,150 SF

      Office and Warehouse Space Available

      High-quality office and warehouse space with flexible zoning.
      2425 E Bakerview Rd, Bellingham, WA 98226
      View Details
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    4145 Meridian St
    Bellingham, WA 98226-5514
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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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