Financial
Distress signals
Property profile

465 Sequoia Dr Bellingham, WA 98226

FOR SALE
Other industrial land
Property ID
US90-0392068
1.71 ac lot
Last sale Oct 2021 · $765,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A planned industrial land site totaling 3.94 acres and comprising two tax parcels is located in the Cordata neighborhood with convenient access to Meridian Street and Interstate 5. The property has been supported by completed environmental reconnaissance and geotechnical work, along with preliminary site test fits for an approximately 86,000 SF industrial building and an additional 68,000 SF area combined into three buildings. The site is positioned for cross-border manufacturing, warehousing,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value · 2023$421k
Assessed land$421k
Effective rate0.74%

Value estimate

· Oct 2026
$830k
$747k – $913k
AI approach$870k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$210/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$113 – $294

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?
PIC
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.5
Realty agency14.5
Wholesale Shop14.1

Location

465 Sequoia Dr Bellingham, WA 98226
County assessor Recorded deeds · 7 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
182 Kelly, Bellingham, WA 98226-7409 $970,000 Jul 2025 No data
4138 Iron Gate, Bellingham, WA 98226-8186 $475,675 Oct 2024 No data
4150 Iron Gate, Bellingham, WA 98226-8186 $481,743 Oct 2024 No data
4155 Iron Gate, Bellingham, WA 98226-8186 $622,037 Sep 2024 No data
4165 Iron Gate, Bellingham, WA 98226-8186 $640,000 Jan 2024 No data
129 Kline, Bellingham, WA 98226-7706 $43,000 Apr 2023 912 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again