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    Property profile & analytics

    7022 Hannegan Rd Lynden, WA 98264-9222

    • Warehouses
    • 1,674 SF
    • 13.55 lot acres
    OFF-MARKET
    Value Estimation
    $750,000
    Last Sale
    Feb 16, 2022
    $725,000
    Location Intelligence
    Property ID
    US90-0134662
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • J & H Storage / Rv Storage Facility / Storage Facility
    • U-Haul Neighborhood Dealer / Storage Facility / Truck Rental Agency

    Property Details for 7022 Hannegan Rd

    Year built
    1950
    Lot size
    13.55 lot acres
    Property size
    1,674 SF
    Zone code
    STC
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    390304 050150 0000
    APU
    3903040501500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $745,000
      7%
      $695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $785,000
      Geo Method
      $760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $715,000
      Retail
      $720,000
      Mixed-Use
      $695,000
      Hospitality
      $645,000
      Educational
      $790,000
      Residential Income
      $585,000
      Energy
      $735,000
      Income-Based Land
      $780,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Lynden
    County
    Whatcom
    State
    Washington
    Longitude
    -122.44
    Latitude
    48.8959
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $12,049
    $903,177
    $536,489
    $1,439,666
    -
    $903,177
    $536,489
    $1,439,666

    Comparable in this City

    • Value Estimation
      $465,000
      15,768 SF

      841 Hinotes Ct

      MINI-WAREHOUSE, STORAGE • 15,768 SF
      841 Hinotes Ct, Lynden, WA 98264-9028
      View Details
    • Value Estimation
      $1,050,000
      69,462 SF

      8329 Guide Meridian Rd

      MINI-WAREHOUSE, STORAGE • 69,462 SF
      8329 Guide Meridian Rd, Lynden, WA 98264-9739
      View Details
    • Value Estimation
      $475,000
      16,000 SF

      841 Hinotes Ct

      MINI-WAREHOUSE, STORAGE • 16,000 SF
      841 Hinotes Ct, Lynden, WA 98264-9028
      View Details
    • Value Estimation
      $1,785,000
      8,750 SF

      6129 Guide Meridian Rd

      STORAGE YARD (JUNK, SALVAGE) • 8,750 SF
      6129 Guide Meridian Rd, Lynden, WA 98264-9614
      View Details
    • Value Estimation by Request
      1,947 SF

      7157 Guide Meridian Rd

      WAREHOUSE, STORAGE • 1,947 SF
      7157 Guide Meridian Rd, Lynden, WA 98264-9213
      View Details
    • Value Estimation
      $805,000
      2,553 SF

      6773 Guide Meridian Rd

      WAREHOUSE, STORAGE • 2,553 SF
      6773 Guide Meridian Rd, Lynden, WA 98264-9694
      View Details

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    Similar Nearby for Lease

    • $13 SF/Yr
      112,366 SF

      Lynden Towne Plaza Retail Space

      Grocery-anchored retail center; multiple spaces available.
      8110 Guide Meridian Rd, Lynden, WA 98264
      View Details
    • $8,333 /Mo
      40,000 SF

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      Visible corner location near retail hub with high traffic.
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    • $24 SF/Yr
      924 SF

      Retail Space with High Visibility

      Retail space with excellent access and high traffic exposure.
      6900 Hannegan Rd, Lynden, WA 98264
      View Details
    • Contact for pricing
      1,480 SF

      Retail Space on Guide Meridian

      Retail space available for lease on Guide Meridian Road.
      8083 Guide Meridian Rd, Lynden, WA 98264
      View Details
    • $25 SF/Yr
      960 SF

      Functional Office Suite For Rent

      Well-appointed office suite with natural light and included utilities.
      1610 Grover St, Lynden, WA 98264
      View Details
    • Contact for pricing
      73,442 SF

      Lynden Retail Space For Lease

      Prime Lynden storefront, 1,480 sq ft available.
      8071 Guide Meridian Rd, Lynden, WA 98264
      View Details
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    Lynden, WA 98264-9222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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