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Financial
Distress signals
Property profile

4151 Meridian St Bellingham, WA 98226

OFF-MARKET
Strip malls
Property ID
US90-3277485
31,440 SF 4.02 ac lot Built 1987
Last sale Mar 2004 · $3,378,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Cordata Place is a shopping center within a larger commercial retail area totaling about 3,000,000 square feet of retail development, positioned near Bellis Fair Mall and other shopping and dining uses. The property includes retail suites with signage opportunities on both the front and back of the building and provides ample on-site parking. The shopping center is anchored by Larrabee Lager and has a configured retail space totaling 1,915 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$43k
Tax billed · 2021
Assessed value · 2022$4.70M
Assessed land$2.64M
Assessed improvement$2.06M
Effective rate0.91%

Value estimate

· Oct 2026
$1.04M
$936k – $1.14M
AI approach$970k
Submarket $/SF estimate$1.10M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PC
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.4
Plumbing Service9.2
Shoe Repair8.6

Location

4151 Meridian St Bellingham, WA 98226-5559
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1001 Sunset, Bellingham, WA 98226-3510 $53,000,000 Jan 2022 104,580 SF
1155 Sunset, Bellingham, WA 98226-1811 $53,000,000 Jan 2022 170,081 SF
Sunset, Bellingham, WA 98226 $53,000,000 Jan 2022 No data
1255 Barkley, Bellingham, WA 98226-3553 $6,550,000 Dec 2019 18,883 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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