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Property profile & analytics
OFF-MARKET
Medical Office Space
5712 Sterling Ave, Ferndale, WA 98248
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1602815
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1955
Total area
2,560 SF
Lot
0.36 ac (15,682 SF)
Zoning code
RO
APN
390219 540007 0000
UPID
US90-1602815
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
Baya Pip Xv LLC · 11 yrs held
Baya Pip Xv LLC
since 2015
Last sale
$945,000
4 recorded transactions
Zoning & alternative use
RO · 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 2021Property tax & assessments
Tax year 2021
Tax billed
$3,110
Tax year 2021
Assessed value
$463,715
Assessed 2022
Previous assessed
$463,715
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$141,246
Assessed improvement
$322,469
Land market value
$141,246
Improvement market value
$322,469
Total market value
$463,715
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
2,560 SF
Lot
0.36 ac (15,682 SF)
Zoning code
RO
APN
390219 540007 0000
UPID
US90-1602815
Jurisdiction
WHATCOM
Zoning & alternative use
RO · Ferndale, WA
Zoning RO · permitted uses
RO · 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
1955
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Baya Pip Xv LLC
Entity
Mailing address
1440 ADMIRAL PL, FERNDALE, WA 98248-8965
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2015
—
Baya Pip Xv LLC
Mt Baker Fuel Co INC
Quit Claim Deed
related
—
Sep 28, 2009
—
Mt Baker Fuel Co INC
Syb Investment Co INC
Quit Claim Deed
related
—
Sep 5, 2008
—
Kathleen M Everett
Western Wa Corp Of Seventh-day Ad
Quit Claim Deed
related
—
Sep 5, 2008
$250,000
Syb Investment Co INC
Everett,kathleen M
Warranty Deed
$175,000 · Kathleen M Everett
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.
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