Entity Owned Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1998
Total area
19,747 SF
Lot
2.1 ac (91,563 SF)
Zoning code
RCI
APN
380201 375141 0000
UPID
US90-1751772
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Corporate Office
-
Industrial Manufacturer Production Facility
-
Professional Services
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.88M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.38M
Owner & transaction history
2 recorded transactions
Zoning & alternative use
RCI · Bellingham, WA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.38M
Value range
$1.24M – $1.51M
±10% around blend
Estimated value / SF
$70 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$1.24M
blend $1.38M
$1.51M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
19,747 SF
Lot area
2.1 ac
Year built
1998
APN
380201 375141 0000
Zoning
RCI
Assessed value
$3,014,822
Annual tax
$23,259
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.88M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.04M
@ 6.5% CAP return
$1.88M
@ 7% CAP return
$1.74M
4
Sales comparison
Partial preview
Sales approach indication
$1.72M
Range $542k – $2.74M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.38M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$210
-67%
Submarket 30 sales
$182
-62%
County 46 sales
$171
-59%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $70/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.01M
Move the market yield to see immediate price impact.
Value / SF
$153
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$190k
$3.80M
$2.71M
$2.11M
$211k
$4.22M
$3.01M
$2.34M
$232k
$4.64M
$3.32M
$2.58M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$23,259
Tax year 2021
Assessed value
$3,014,822
Assessed 2022
Previous assessed
$3,014,822
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$626,161
Assessed improvement
$2,388,661
Land market value
$626,161
Improvement market value
$2,388,661
Total market value
$3,014,822
Applied tax rate
105.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1998
Heating
SPACE
Cooling
YES
Total area
19,747 SF
Lot
2.1 ac (91,563 SF)
Zoning code
RCI
APN
380201 375141 0000
UPID
US90-1751772
Jurisdiction
WHATCOM
Zoning & alternative use
RCI · Bellingham, WAZoning RCI · permitted uses
RCI · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1998
Heating
SPACE
Cooling
Yes
Lot
2.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RCI
Jurisdiction
Bellingham, WA
Recorded code
RCI
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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