New search
Property profile & analytics
OFF-MARKET
Office Spaces
5060 Pacific Hwy, Ferndale, WA 98248-7821
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1273403
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1926
Total area
1,548 SF
Lot
3.19 ac (138,956 SF)
Zoning code
GB
APN
390233 480236 0000
UPID
US90-1273403
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
Current use
Occupant on record · Public records
-
Pacific Paint and Decorating Hardware & Home Improvement Building Supply
-
Asset Advisors LLC Financial Advisor
-
Benjamin Moore Paint Hardware & Home Improvement Building Supply
-
Asset Advisors, LLC Financial Advisor
-
Bill Tetreault - Mutual of Omaha Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Like LLC · 4 yrs held
Like LLC
since 2022
7 recorded transactions
Zoning & alternative use
GB · Ferndale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Applied tax rate
200.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1926
Heating
YES
Bathrooms
1
Total area
1,548 SF
Lot
3.19 ac (138,956 SF)
Zoning code
GB
APN
390233 480236 0000
UPID
US90-1273403
Jurisdiction
WHATCOM
Zoning & alternative use
GB · Ferndale, WA
Zoning GB · permitted uses
GB · Ferndale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ferndale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1926
Heating
YES
Bathrooms
1
Lot
3.19 ac
Current owner
From public records · entity-resolved
Like LLC
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
$600,000
Like LLC
Elk Hunter LLC
Warranty Deed
$480,000 · Us Bank NA
Oct 8, 2021
—
Hyatt 1980 LLC
Patrick D Hyatt
Deed
related
—
Nov 6, 2020
—
Triple T Development LLC
—
Deed
related
$600,000 · Banner Bank
Mar 15, 2019
$1,550,000
Triple T Dev LLC
Bayfield At Pacific Cmrc LLC
Warranty Deed
$1,240,000 · Banner Bk
Jan 10, 2019
—
Sakuma Lands LLC
—
Deed
related
$156,000 · Bank Of The Pacific
Aug 20, 2018
$470,000
Sakuma Lands LLC
Bayfield At Pacific Cmrc LLC
Warranty Deed
—
Mar 1, 2018
$495,000
Elk Hunter LLC
Bayfield At Pacific Commerce L
Warranty Deed
—
Apr 14, 2017
—
Bayfield At Pacific Commerce
—
Deed
related
$205,000 · Peoples Bk
Apr 27, 2007
—
Bayfield Of Pacific Commerce LLC
Faber Bros Investment LLC
Quit Claim Deed
related
—
Apr 30, 2004
$275,000
Faber Bros Investment LLC
Stock,nadine M
Grant Deed
—
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 5060 Pacific Hwy?
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.
