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Property profile & analytics
OFF-MARKET
Auto shops
5236 Guide Meridian, Bellingham, WA 98226-8091
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0037025
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2006
Total area
4,316 SF
Lot
7.8 ac (339,768 SF)
Zoning code
RGC
APN
390331 072442 0000
UPID
US90-0037025
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
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
Rf Bellingham LLC · 8 yrs held
Rf Bellingham LLC
since 2018
7 recorded transactions
Zoning & alternative use
RGC · Bellingham, 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 Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham 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 2021Property tax & assessments
Tax year 2021
Tax billed
$6,505
Tax year 2021
Assessed value
$768,452
Assessed 2022
Previous assessed
$768,452
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$508,560
Assessed improvement
$259,892
Land market value
$508,560
Improvement market value
$259,892
Total market value
$768,452
Applied tax rate
5,010.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2006
Heating
SPACE
Cooling
YES
Total area
4,316 SF
Lot
7.8 ac (339,768 SF)
Zoning code
RGC
APN
390331 072442 0000
UPID
US90-0037025
Jurisdiction
WHATCOM
Zoning & alternative use
RGC · Bellingham, WA
Zoning RGC · permitted uses
RGC · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
SPACE
Cooling
Yes
Lot
7.8 ac
Current owner
From public records · entity-resolved
Rf Bellingham LLC
Entity
Mailing address
11010 TUKWILA INTERNATIONAL BLVD, TUKWILA, WA 98168-1942
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2018
$750,000
Rf Bellingham LLC
Markwood,wallace & Delores
Warranty Deed
$550,000 · Wallace & Delores Markwood
Jan 23, 2017
—
Wallace C Markwood
Rorvig,pam
Quit Claim Deed
related
—
Jul 28, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Feb 8, 2005
—
State Of Washington
Markwood,wallace C & Delores
Quit Claim Deed
related
—
Jan 30, 2004
$1,400,000
Robert A Coty
Markwood,wallace C & Delores
Grant Deed
$1,200,000 · Wallace M & Delores Markwood
—
—
Wallace C Markwood
—
Deed Of Trust
related
$38,255 · Peoples State Bank
—
—
Wallace C Markwood
—
Deed Of Trust
related
$146,803 · Peoples Bank & Trust
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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