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Property profile & analytics
OFF-MARKET
Investment properties
6267 Portal Way, Ferndale, WA 98248-9362
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-1712833
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1945
Total area
1,860 SF
Lot
5.83 ac (253,955 SF)
Zoning code
GB
APN
390217 211215 0000
UPID
US90-1712833
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
Eric B Wiesen · 12 yrs held
Eric B Wiesen
since 2013
7 recorded transactions
Zoning & alternative use
GB · 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
$3,153
Tax year 2021
Assessed value
$470,147
Assessed 2022
Previous assessed
$470,147
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$415,339
Assessed improvement
$54,808
Land market value
$415,339
Improvement market value
$54,808
Total market value
$470,147
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1945
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
1,860 SF
Lot
5.83 ac (253,955 SF)
Zoning code
GB
APN
390217 211215 0000
UPID
US90-1712833
Jurisdiction
WHATCOM
Zoning & alternative use
GB · Ferndale, WA
Zoning GB · permitted uses
GB · 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
1945
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
5.83 ac
Current owner
From public records · entity-resolved
Eric B Wiesen
Individual
Mailing address
3314 DOUGLAS RD, FERNDALE, WA 98248-9514
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
Eric B Wiesen
—
Deed
related
$360,500 · Movement Mortgage
Jan 23, 2019
—
Eric B Wiesen
—
Deed
related
$50,000 · Heritage Bk
Dec 27, 2013
$194,000
Eric B Wiesen
Hawley,barbara J
Warranty Deed
$145,500 · Banner Bank
Jun 10, 2008
—
Cindy C Macdougall
Macdougall,jon M
Quit Claim Deed
related
—
Jan 8, 2007
$40,000
Todd E Hawley
Rood,frederick J & Kathleen T
Quit Claim Deed
related
$105,000 · Horizon Bank
May 23, 2006
—
Cindy C Macdougall
Chang,hau P
Quit Claim Deed
related
—
May 1, 2006
—
Terry E Bell
Bell,terry E
Quit Claim Deed
—
Mar 21, 2006
$12,492
Alice Hawley
Mozelewski,heidi
Quit Claim Deed
related
—
Feb 10, 2006
$9,420
Todd Hawley
Hawley,alice
Quit Claim Deed
related
—
Jul 1, 1998
—
Grant Hawley Bradford
Smith,kathleen A
Quit Claim Deed
related
$103,600 · Us Bank
—
—
Eric B Wiesen
—
Deed Of Trust
related
$50,000 · Heritage Bk
—
—
Eric B Wiesen
—
Deed Of Trust
related
$187,500 · Whatcom Educational Cu
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.
Try Rey
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