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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Grocery and convenience stores
6140 Guide Meridian Rd Lynden, WA 98264-9614
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-3111450
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2012
Total area
11,589 SF
Lot
17.26 ac (751,846 SF)
Zoning code
AG
APN
390318 062103 0000
UPID
US90-3111450
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
-
Community Room at Bellewood Acres Conference Center Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Abel LLC
Abel LLC
since 2026
Last sale
$331,000
7 recorded transactions
Zoning & alternative use
AG · 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
$410,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $331k (Dec 17 2021)
Last sale anchor
$331k
Dec 17 2021
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
$46 / 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
$15,152
Tax year 2024
Assessed value
$1,959,081
Assessed 2023
Previous assessed
$1,750,621
+11.9% YoY
Effective rate
0.77%
On assessed value
Assessed land
$507,600
Assessed improvement
$1,451,481
Land market value
$507,600
Improvement market value
$1,451,481
Total market value
$1,959,081
Applied tax rate
5,005.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2012
Heating
FORCED AIR
Cooling
YES
Total area
11,589 SF
Lot
17.26 ac (751,846 SF)
Zoning code
AG
APN
390318 062103 0000
UPID
US90-3111450
Jurisdiction
WHATCOM
Zoning & alternative use
AG · Lynden, WAZoning AG · permitted uses
AG · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Complete Zoning Ordinance
Building & site characteristics
From public records
Year built
2012
Heating
FORCED AIR
Cooling
Yes
Lot
17.26 ac
Current owner
From public records · entity-resolved
Abel LLC
Entity
Mailing address
2477 ERIE TER, BELLINGHAM, WA 98229-4138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
—
Abel LLC
Dorene J Belisle
Warranty Deed
$2,931,386 · Dorene Belisle
Dec 17, 2021
—
Dorene J Belisle
Dorene J Belisle
Intrafamily Transfer
related
—
Sep 19, 2011
—
John L Belisle
—
Trustees Deed
related
$1,919,917 · Peoples Bank & Trust
Jun 15, 2009
$331,000
John L Belisle
Thompson,t Dan & Cris
Warranty Deed
—
May 1, 2008
$297,780
T Dan Thompson
Bellingham Lighthouse Mission
Warranty Deed
$223,125 · Us Bank NA
Nov 17, 2004
—
State Of Washington
Lighthouse Mission Ministries
Warranty Deed
related
—
—
—
Belisle,john L & Dorene J
—
Loan Modification
related
$1,001,527 · Peoples Bk
—
—
John L Belisle
—
Deed Of Trust
related
$923,000 · Northwest Busn Dev Assn
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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