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Property profile & analytics
OFF-MARKET
Car washes
4150 Meridian St Bellingham, WA 98226-5515
Entity Owned
Free & Clear
Property ID
US90-1519285
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1989
Total area
3,460 SF
Lot
0.39 ac (16,779 SF)
Zoning code
PCLI
APN
380307 013053 0000
UPID
US90-1519285
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
-
Car Wash King Car Wash
-
Pacific Meridian Plaza Business Service Center Corporate Office
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
Hulbert Property LLC
Hulbert Property LLC
since 2025
4 recorded transactions
Zoning & alternative use
PCLI · 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
$6,816
Tax year 2021
Assessed value
$849,410
Assessed 2022
Previous assessed
$849,410
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$573,842
Assessed improvement
$275,568
Land market value
$573,842
Improvement market value
$275,568
Total market value
$849,410
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1989
Heating
NONE
Total area
3,460 SF
Lot
0.39 ac (16,779 SF)
Zoning code
PCLI
APN
380307 013053 0000
UPID
US90-1519285
Jurisdiction
WHATCOM
Zoning & alternative use
PCLI · Bellingham, WA
Zoning PCLI · permitted uses
PCLI · 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
1989
Heating
NONE
Lot
0.39 ac
Current owner
From public records · entity-resolved
Hulbert Property LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4150 MERIDIAN ST, BELLINGHAM, WA 98226-5515
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
—
Hulbert Property LLC
David R Hulbert
Quitclaim Deed
related
—
Dec 16, 2016
—
Car Wash King LLC
—
Deed
related
$900,700 · Wells Fargo Bk
Sep 1, 2009
$735,000
Car Wash King LLC
Walters Terry E Trust
Warranty Deed
$950,000 · Walters Terry E Trust (pt)
—
—
Car Wash King LLC
—
Deed Of Trust
related
$900,700 · Wells Fargo Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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