Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Retail space
6931 Hannegan Rd 3 Lynden, WA 98264-9620
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0350951
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
4,640 SF
Lot
0.53 ac (23,087 SF)
Zoning code
STC
APN
390305 555041 0000
UPID
US90-0350951
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
-
Frenchie Thrift Discount Store (Bike/Boat/Book/etc) Store
-
Second Shot Sports (Bike/Boat/Book/etc) Store
-
Hannegan Farm & Home Food Processing Plant
-
Family Outfitters Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$685k
Blend (final)
Blend
$595k
Owner & transaction history
Dale Hannegan LLC · 1 yrs held
Dale Hannegan LLC
since 2025
7 recorded transactions
Zoning & alternative use
STC · 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
$570,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$128 / 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
$2,389
Tax year 2024
Assessed value
$319,819
Assessed 2023
Previous assessed
$334,884
-4.5% YoY
Effective rate
0.75%
On assessed value
Assessed land
$207,783
Assessed improvement
$112,036
Land market value
$207,783
Improvement market value
$112,036
Total market value
$319,819
Applied tax rate
4,020.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Heating
NONE
Total area
4,640 SF
Lot
0.53 ac (23,087 SF)
Zoning code
STC
APN
390305 555041 0000
UPID
US90-0350951
Jurisdiction
WHATCOM
Zoning & alternative use
STC · Lynden, WAZoning STC · permitted uses
STC · 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
1977
Heating
NONE
Lot
0.53 ac
Current owner
From public records · entity-resolved
Dale Hannegan LLC
Entity
Mailing address
PO BOX 547, LYNDEN, WA 98264-0547
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Dale Hannegan LLC
Fours Investments Us INC
Warranty Deed
$4,000,000 · Four S Investments Us INC
Jun 25, 2021
$459,950
John Eisenhardt
Fours Investments Us INC
Warranty Deed
$100,000 · Umpqua Bank
May 17, 2021
$439,950
Lissy Kunnassery
Fours Investments Us INC
Warranty Deed
$339,950 · Caliber Home Loans INC
May 14, 2021
$439,950
Alexandra Hawley
Fours S Investments Us INC
Warranty Deed
$373,958 · Peoples Bank
Apr 14, 2021
$484,900
Shani Rae Crisman
Four S Investments U S INC
Warranty Deed
$470,353 · Caliber Home Loans INC
Mar 26, 2021
$389,950
Katharina R Wells
Four S Investments Us INC
Warranty Deed
$378,252 · Umpqua Bank
Mar 3, 2021
$466,950
Walter R Souza
Fours Investments U S INC
Warranty Deed
$294,000 · Homebridge Financial Services INC
Mar 1, 2021
$394,950
Carla Parkes
Fours Investments Us INC
Warranty Deed
$398,484 · Mid-american Mortgage INC
Feb 26, 2021
$439,950
Kuldeep S Malhi
Four S Investments U S INC
Warranty Deed
$417,950 · Wells Fargo Bank NA
Feb 26, 2021
$389,950
Leanette Marie Galbraith
Fours Investments U S INC
Warranty Deed
$311,960 · Umpqua Bank
Feb 18, 2021
$439,950
Lance Heslep
Four S Investments Us INC
Warranty Deed
$439,950 · Bank Of The Pacific
Feb 16, 2021
$409,950
Amritpaul Sangha
Four S Investments U S INC
Warranty Deed
—
Feb 16, 2021
$459,950
Manvir K Sangha
Four S Investments U S INC
Warranty Deed
—
Feb 16, 2021
—
Manvir K Sangha
Sonesh S Gill
Intrafamily Transfer
related
—
Feb 9, 2021
$439,950
Kirk D Moses
Fours Investments U S INC
Warranty Deed
—
Nov 13, 2020
$389,950
Janelle Elgersma
Four S Investments U S INC
Warranty Deed
$350,955 · Caliber Home Loans INC
Dec 15, 2009
$1,155,000
Four S Investments Us INC
Muenscher,fred O & Esther
Warranty Deed
—
Mar 11, 2008
$16,390
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Fred O Muenscher
—
Deed Of Trust
related
$130,000 · Peoples Bank & Trust
—
—
Fred O Muenscher
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6931 Hannegan Rd, Unit 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
