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    Property profile & analytics

    506 Grover St Lynden, WA 98264-1960

    • Office buildings
    • 5,975 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US90-0494619
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Children's House International / Adoption Agency / Non-Profit Organization
    • Hope and Thrive Counseling / Mental Health Clinic
    • Lynden Family Dental Clinic / Dentist
    • Lynden Family Dental Clinic: Klein Robert H DDS / Dentist
    • Aspire Wellness / Weight Loss Service / Skin Care Clinic

    Property Details for 506 Grover St

    Year built
    1983
    Lot size
    0.32 lot acres
    Property size
    5,975 SF
    Zone code
    CSL
    Property type
    Office buildings
    APN
    400320 224336 0000
    APU
    4003202243360000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $385,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $330,000
      Mixed-Use
      $330,000
      Hospitality
      $395,000
      Educational
      $380,000
      Residential Income
      $350,000
      Energy
      $425,000
      Income-Based Land
      $375,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynden
    County
    Whatcom
    State
    Washington
    Longitude
    -122.454
    Latitude
    48.9438
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $6,471
    $310,209
    $617,506
    $927,715
    -
    $310,209
    $617,506
    $927,715

    Comparable in this City

    • Value Estimation
      $320,000
      5,366 SF

      601 Frnt St

      PROFESSIONAL BUILDING • 5,366 SF
      601 Frnt St, Lynden, WA 98264-1924
      View Details
    • Value Estimation
      $1,060,000
      3,183 SF

      400 5th St

      PROFESSIONAL BUILDING • 3,183 SF
      400 5th St, Lynden, WA 98264-1302
      View Details
    • Value Estimation
      $235,000
      1,088 SF

      304 Frnt St

      PROFESSIONAL BUILDING • 1,088 SF
      304 Frnt St, Lynden, WA 98264-1919
      View Details
    • Value Estimation
      $235,000
      2,010 SF

      313 4th St

      PROFESSIONAL BUILDING • 2,010 SF
      313 4th St, Lynden, WA 98264-1905
      View Details
    • Value Estimation
      $665,000
      10,690 SF

      8850 Bender Rd

      PROFESSIONAL BUILDING • 10,690 SF
      8850 Bender Rd, Lynden, WA 98264-9826
      View Details
    • Value Estimation
      $380,000
      6,428 SF

      7159 Guide Meridian Rd

      PROFESSIONAL BUILDING • 6,428 SF
      7159 Guide Meridian Rd, Lynden, WA 98264-9218
      View Details

    Similar Nearby for Sale

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      Lynden Office/Industrial Corner Property

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      Office and warehouse space with off-street parking in Lynden.
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    • $650,000
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      Industrial space with mezzanine near Front Street in Lynden.
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    • $1,250,000

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    Similar Nearby for Lease

    • $25 SF/Yr
      960 SF

      Functional Office Suite For Rent

      Well-appointed office suite with natural light and included utilities.
      1610 Grover St, Lynden, WA 98264
      View Details
    • $8,333 /Mo
      40,000 SF

      High-Profile Retail Corner in Lynden

      Visible corner location near retail hub with high traffic.
      8035 Guide Meridian Rd, Lynden, WA 98264
      View Details
    • $24 SF/Yr
      924 SF

      Retail Space with High Visibility

      Retail space with excellent access and high traffic exposure.
      6900 Hannegan Rd, Lynden, WA 98264
      View Details
    • Contact for pricing
      1,480 SF

      Retail Space on Guide Meridian

      Retail space available for lease on Guide Meridian Road.
      8083 Guide Meridian Rd, Lynden, WA 98264
      View Details
    • $30 SF/Yr
      2,000 SF

      Lynden Towne Plaza Pad Site

      Prime Retail Pad, High Traffic Location
      8112 Wa-539, Lynden, WA 98264
      View Details
    • $15 SF/Yr
      13,436 SF

      Retail Space Available for Lease

      Retail property with 13,436 square feet available for lease.
      8038 Guide Meridian Rd, Lynden, WA 98264
      View Details
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    Lynden, WA 98264-1960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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