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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Warehouses
6129 Guide Meridian Rd Lynden, WA 98264-9614
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1286961
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
2009
Total area
8,750 SF
Lot
5.58 ac (243,065 SF)
Zoning code
GM
APN
390213 510121 0000
UPID
US90-1286961
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
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
Legacy Z1 LLC · 1 yrs held
Legacy Z1 LLC
since 2024
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
GM · Lynden, WA
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 Lynden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynden 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
Method
Estimation
Statistic approach
$1,790,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,385,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,440,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,155,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,145,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,090,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±10% · vs last sale $1.79M (Sep 20 2024)
Last sale anchor
$1.79M
Sep 20 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
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
$6,509
Tax year 2024
Assessed value
$841,542
Assessed 2023
Previous assessed
$772,987
+8.9% YoY
Effective rate
0.77%
On assessed value
Assessed land
$729,192
Assessed improvement
$112,350
Land market value
$729,192
Improvement market value
$112,350
Total market value
$841,542
Applied tax rate
5,020.0000
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
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
2009
Heating
NONE
Total area
8,750 SF
Lot
5.58 ac (243,065 SF)
Zoning code
GM
APN
390213 510121 0000
UPID
US90-1286961
Jurisdiction
WHATCOM
Zoning & alternative use
GM · Lynden, WAZoning GM · permitted uses
GM · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Complete Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Lot
5.58 ac
Current owner
From public records · entity-resolved
Legacy Z1 LLC
Entity
Mailing address
140 W PO BOX 30857TH RD, BELLINGHAM, WA 98228-2857
Ownership since
2024
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
Sep 20, 2024
$1,790,000
Legacy Z1 LLC
Ironman Properties LLC
Warranty Deed
$1,415,000 · Ironman Properties LLC
Jun 30, 2008
—
T Dan Thompson
Zawicki,arthur L & Lynn B
Quit Claim Deed
related
—
Jun 20, 2008
$350,000
Ironman Properties LLC
Zawicki,arthur L & Lynn B
Quit Claim Deed
related
$350,000 · Arthur L & Lynn B Zawicki
Jun 27, 2005
—
State Of Washington
Zawicki,arthur L & Lynn B
Warranty 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.
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