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Property profile & analytics
FOR SALE
Agricultural properties
415 Depot Rd Lynden, WA 98264
Entity Owned
Free & Clear
Property ID
US90-0609546
No photos on file
For Sale
$3,352,892
415 Depot Rd, Lynden, WA 98264
View Listing →
Property profile
Verified
Property type
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Year built
1936
Total area
16,380 SF
Lot
0.88 ac (38,202 SF)
Zoning code
CSL
APN
400320 253456 0000
UPID
US90-0609546
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
-
CHS Northwest Lynden Farm & Home Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$655k
Owner & transaction history
WHATCOM FARMERS OP TR
WHATCOM FARMERS OP TR
Zoning & alternative use
CSL · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
2. Local commercial services (CSL): Th e purpose of the CSL zone is to provide a location for local scale retail develo pment (stores less than sixty -five thousand square feet), medical, professional and financial services. Development within this zone should focus on pedestrian connectivity to the surrounding area and
Zone name
Local Commercial Services
General category
COMMERCIAL
Zone area
172.07 ac
Source
Complete Zoning Ordinance
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 Lynden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynden 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
Method
Estimation
Statistic approach
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$40 / SF
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
$7,742
Tax year 2021
Assessed value
$1,110,901
Assessed 2022
Previous assessed
$1,110,901
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$593,475
Assessed improvement
$517,426
Land market value
$593,475
Improvement market value
$517,426
Total market value
$1,110,901
Applied tax rate
400.0000
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
Agricultural properties
Use group
FARM SUPPLY & EQUIPMENT
Status
For Sale
Year built
1936
Heating
SPACE
Cooling
YES
Total area
16,380 SF
Lot
0.88 ac (38,202 SF)
Zoning code
CSL
APN
400320 253456 0000
UPID
US90-0609546
Jurisdiction
WHATCOM
Zoning & alternative use
CSL · Lynden, WAZoning CSL · permitted uses
CSL · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
2. Local commercial services (CSL): Th e purpose of the CSL zone is to provide a location for local scale retail develo pment (stores less than sixty -five thousand square feet), medical, professional and financial services. Development within this zone should focus on pedestrian connectivity to the surrounding area and
Zone name
Local Commercial Services
General category
COMMERCIAL
Zone area
172.07 ac
Source
Complete Zoning Ordinance
Building & site characteristics
From public records
Year built
1936
Heating
SPACE
Cooling
Yes
Lot
0.88 ac
Current owner
From public records · entity-resolved
WHATCOM FARMERS OP TR
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 64089, SAINT PAUL, MN 55164-0089
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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