Back to Search
Property profile & analytics
OFF-MARKET
Individual retail properties
701 Nooksack Ave Nooksack, WA 98276-8272
Individually Owned
21-yr Hold
Absentee Owner
Property ID
US90-0527402
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1918
Total area
1,156 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CM
APN
400429 223360 0000
UPID
US90-0527402
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
David W A Rubbert · 21 yrs held
David W A Rubbert
since 2005
2 recorded transactions
Zoning & alternative use
CM · Nooksack, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Central Market
General category
UNKNOWN
Zone area
11.07 ac
Source
Realmo
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 Nooksack submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nooksack 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
$4,088
Tax year 2021
Assessed value
$393,135
Assessed 2022
Previous assessed
$393,135
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$186,340
Assessed improvement
$206,795
Land market value
$186,340
Improvement market value
$206,795
Total market value
$393,135
Applied tax rate
630.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1918
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Bathrooms
1
Total area
1,156 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CM
APN
400429 223360 0000
UPID
US90-0527402
Jurisdiction
WHATCOM
Zoning & alternative use
CM · Nooksack, WAZoning CM · permitted uses
CM · Nooksack, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Central Market
General category
UNKNOWN
Zone area
11.07 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1918
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
David W A Rubbert
Individual
Mailing address
2150 TIMON RD, EVERSON, WA 98247-9370
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2005
$300,000
David W A Rubbert
Nilsen,rolf B G & Linda L
Warranty Deed
$180,000 · Rolf B G & Linda L Nilsen
—
—
Linda L Nilsen
—
Deed Of Trust
related
$58,700 · Wells Fargo Home Mortgage INC
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 701 Nooksack Ave?
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.
