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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Manufacturing properties
6186 Portal Way, Ferndale, WA 98248-9363
Individually Owned
6-yr Hold
Free & Clear
Property ID
US90-0133989
Property profile
Verified
Property type
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Year built
2001
Total area
27,800 SF
Lot
2.31 ac (100,624 SF)
Zoning code
MCD
APN
390217 305106 0000
UPID
US90-0133989
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
-
Northstar Woodworks Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
David Braithwaite · 6 yrs held
David Braithwaite
since 2019
5 recorded transactions
Zoning & alternative use
MCD · 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
$62 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$12,772
Tax year 2021
Assessed value
$1,311,449
Assessed 2022
Previous assessed
$1,311,449
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$251,560
Assessed improvement
$1,059,889
Land market value
$251,560
Improvement market value
$1,059,889
Total market value
$1,311,449
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
Manufacturing properties
Use group
LUMBER & WOOD PRODUCT MFG
Status
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Bathrooms
1
Total area
27,800 SF
Lot
2.31 ac (100,624 SF)
Zoning code
MCD
APN
390217 305106 0000
UPID
US90-0133989
Jurisdiction
WHATCOM
Zoning & alternative use
MCD · Ferndale, WA
Zoning MCD · permitted uses
MCD · 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
2001
Heating
YES
Cooling
Yes
Bathrooms
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
David Braithwaite
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 1767, FERNDALE, WA 98248-1767
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2019
—
David Braithwaite
Polaris Holdings LLC
Quit Claim Deed
related
—
Dec 14, 2001
$112,995
Poloris Holdings LLC
Sund,leonard A & Beverly J
Quit Claim Deed
related
$97,125 · Leonard A & Beverly J Sund
Nov 7, 2000
—
Leonard A Sund
Archer F S INC
Quit Claim Deed
related
—
Sep 8, 2000
$185,925
Archer F S INC
Crisp,cirby R
Grant Deed
—
—
—
Leonard A Sund
—
Deed Of Trust
related
$600,000 · Us Bank NA
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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