Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Bed & breakfasts
455 Argyle Ave Friday Harbor, WA 98250-9561
Entity Owned
5-yr Hold
Property ID
US90-0074557
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
1894
Total area
1,984 SF
Lot
0.27 ac (11,587 SF)
APN
351491-505-000
UPID
US90-0074557
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
The Hudson Inn LLC · 5 yrs held
The Hudson Inn LLC
since 2021
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$790,000
+175.6%
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 Friday Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Friday Harbor 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
$960,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$790,000
Change: +176% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $900k (Jun 25 2021)
Last sale anchor
$900k
Jun 25 2021
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
$464 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,838
Tax year 2023
Assessed value
$773,050
Assessed 2022
Previous assessed
$651,980
+18.6% YoY
Effective rate
0.63%
On assessed value
Assessed land
$187,580
Assessed improvement
$585,470
Land market value
$187,580
Improvement market value
$585,470
Total market value
$773,050
Applied tax rate
490.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
1894
Heating
BASEBOARD
Stories
1
Bathrooms
4
Total area
1,984 SF
Lot
0.27 ac (11,587 SF)
APN
351491-505-000
UPID
US90-0074557
Jurisdiction
SAN JUAN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$790,000
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1894
Heating
BASEBOARD
Stories
1
Bathrooms
4
Lot
0.27 ac
Current owner
From public records · entity-resolved
The Hudson Inn LLC
Entity
Mailing address
PO BOX 564, FRIDAY HARBOR, WA 98250-0564
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
$900,000
The Hudson Inn LLC
Carol J Anderson
Warranty Deed
$560,000 · Banner Bank
Jan 17, 2007
—
Friday Harbor Presbyterian Chu
Bartlett James & S Trust
Quit Claim Deed
related
—
Dec 26, 2006
$395,000
Carol J Anderson
Bartlett James & S Trust
Warranty Deed
$316,000 · Bank Of America
Nov 21, 2006
—
Bartlett James & S Trust
Twildo Enterprises LLC
Grant Deed
related
—
Sep 1, 2006
$475,000
Bartlett James & Shirley Trust
Twildo Ents LLC
Grant Deed
related
—
Aug 24, 2006
$475,000
Bartlett James & Shirley Trust
Twildo Ents LLC
Warranty Deed
—
Mar 5, 2004
—
Twildo Ents LLC
Rouleau,edward F
Quit Claim Deed
related
—
—
—
Carol J Anderson
—
Deed Of Trust
related
$120,000 · Dale A Hunt
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 455 Argyle Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
