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Property profile

490 Tyee Dr Point Roberts, WA 98281

FOR SALE
Gas stations
Property ID
US90-0931327
24,000 SF 0.53 ac lot Built 1992
Last sale Jan 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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 · 2024

What does the county charge?
$959
Tax billed · 2024
Assessed value · 2023$126k
Assessed land$92k
Assessed improvement$34k
Effective rate0.76%

Value estimate

· Oct 2026
$1.51M
$1.36M – $1.66M
NOI build-up
Gross scheduled income$63k
Vacancy & credit loss−$3k
Operating expenses−$18k
NOI · 1.31% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$812/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$505 – $1,303

Cap rate analysis

How does the asset earn?
1.31%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
STC
§ 20.51.440) Chapter 20.59 RURAL GENERAL COMMERCIAL (RGC) DISTRICT (§ 20.59.010 - § 20.59.750) Chapter 20.60 NEIGHBORHOOD COMMERCIAL CENT...
General categoryCOMMERCIAL
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 Supply10.5
Parking Facility9.7
Hair Salon8.9

Location

490 Tyee Dr Point Roberts, WA 98281
County assessor Recorded deeds · 1 transfer 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

2 recorded sales · 4 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
365 Tyee, Point Roberts, WA 98281 $1,250,000 Jun 2022 259 SF
423 Tyee, Point Roberts, WA 98281-8901 $1,544,000 Dec 2021 2,049 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
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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