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Property profile & analytics
OFF-MARKET
Individual retail properties
5715 4th Ave Ferndale, WA 98248-0016
Individually Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1350660
Property profile
Verified
Property type
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Year built
1981
Total area
10,075 SF
Lot
0.45 ac (19,602 SF)
Zoning code
URR
APN
390220 039032 0000
UPID
US90-1350660
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
-
Ferndale Ace Hardware Building Supply Hardware & Home Improvement
-
Elyse Hernandez Training Center Gym & Fitness Center
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
Walt & Donna Pollman Family Ll · 23 yrs held
Walt & Donna Pollman Family Ll
since 2003
1 recorded transaction
Zoning & alternative use
URR · 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,803
Tax year 2024
Assessed value
$835,143
Assessed 2023
Previous assessed
$736,830
+13.3% YoY
Effective rate
0.69%
On assessed value
Assessed land
$294,030
Assessed improvement
$541,113
Land market value
$294,030
Improvement market value
$541,113
Total market value
$835,143
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
Individual retail properties
Use group
GARDEN CENTER, HOME IMPROVEMENT
Status
Off-Market
Year built
1981
Heating
HEAT PUMP
Cooling
YES
Total area
10,075 SF
Lot
0.45 ac (19,602 SF)
Zoning code
URR
APN
390220 039032 0000
UPID
US90-1350660
Jurisdiction
WHATCOM
Zoning & alternative use
URR · Ferndale, WA
Zoning URR · permitted uses
URR · 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
1981
Heating
HEAT PUMP
Cooling
Yes
Lot
0.45 ac
Current owner
From public records · entity-resolved
Walt & Donna Pollman Family Ll
Individual
Free & Clear · 23 yrs held
Mailing address
3931 CLIFFSIDE DR, BELLINGHAM, WA 98225-8405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2003
—
Walt & Donna Pollman Family Ll
Pollman,walter W & Donna L
Quit Claim Deed
related
—
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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