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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
674 Peace Portal Dr Blaine, WA 98230-4012
Individually Owned
2-yr Hold
Free & Clear
Property ID
US90-3059411
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1924
Total area
4,589 SF
Lot
0.58 ac (25,265 SF)
Zoning code
RC
APN
415136 517011 0001
UPID
US90-3059411
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
$625k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$405k
Blend (final)
Blend
$625k
Owner & transaction history
North Bay Community Churchs · 2 yrs held
North Bay Community Churchs
since 2024
Last sale
$625,000
6 recorded transactions
Zoning & alternative use
RC · Blaine, 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 Blaine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blaine 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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$840,000
7%
$780,000
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Feb 20 2024)
Last sale anchor
$625k
Feb 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
$136 / 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
$2,002
Tax year 2024
Assessed value
$297,788
Assessed 2023
Previous assessed
$638,210
-53.3% YoY
Effective rate
0.67%
On assessed value
Assessed improvement
$297,788
Improvement market value
$297,788
Total market value
$297,788
Applied tax rate
300.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1924
Heating
NONE
Cooling
YES
Total area
4,589 SF
Lot
0.58 ac (25,265 SF)
Zoning code
RC
APN
415136 517011 0001
UPID
US90-3059411
Jurisdiction
WHATCOM
Zoning & alternative use
RC · Blaine, WA
Zoning RC · permitted uses
RC · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blaine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Heating
NONE
Cooling
Yes
Lot
0.58 ac
Current owner
From public records · entity-resolved
North Bay Community Churchs
Individual
Free & Clear · 2 yrs held
Mailing address
4173 MERIDIAN ST, BELLINGHAM, WA 98226-5514
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2024
—
North Bay Community Churchs
Christ The King Community Churchs
Quit Claim Deed
related
—
Dec 22, 2016
—
Christ King Community Chur
Christ The King Community Chu
Quit Claim Deed
related
—
Apr 14, 2016
$625,000
Bay Christ The King Cmnty Chru
Jacaranda Land Corp
Warranty Deed
—
Nov 3, 2008
—
Jacaranda Land Corp
Bas Exchange INC
Warranty Deed
—
Feb 1, 2008
$600,000
Bas At-1 INC
Johnson,gilbert A & Rosetta M
Warranty Deed
—
May 10, 2000
$265,000
Gilbert A Johnson
Mundi,bhinder S & Niranjan K
Grant 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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