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Property profile & analytics
OFF-MARKET
Estimated value
$1,910,000
Hotels
714 Lakeway Dr, Bellingham, WA 98229-6220
Entity Owned
22-yr Hold
Free & Clear
Property ID
US90-3353125
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1978
Total area
120,542 SF
Lot
6.39 ac (278,131 SF)
Zoning code
PC
APN
380331 525455 0000
UPID
US90-3353125
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
-
Poppes 360 Restaurant
-
Airporter Shuttle and Bellair Charters Moving Company Logistics Company
-
Chinuk Restaurant Restaurant
-
Women's Professional Network Association / Organization
-
1st Mortgage Services - Bellingham Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$1.91M
Owner & transaction history
Todays Vi LLC · 22 yrs held
Todays Vi LLC
since 2004
7 recorded transactions
Zoning & alternative use
PC · Bellingham, 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 Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham 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
by Request
ML approach
$1,305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±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
$16 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$113,665
Tax year 2021
Assessed value
$11,250,333
Assessed 2022
Previous assessed
$11,250,333
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$2,920,155
Assessed improvement
$8,330,178
Land market value
$2,920,155
Improvement market value
$8,330,178
Total market value
$11,250,333
Applied tax rate
100.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1978
Heating
YES
Cooling
YES
Total area
120,542 SF
Lot
6.39 ac (278,131 SF)
Zoning code
PC
APN
380331 525455 0000
UPID
US90-3353125
Jurisdiction
WHATCOM
Zoning & alternative use
PC · Bellingham, WA
Zoning PC · permitted uses
PC · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
YES
Cooling
Yes
Lot
6.39 ac
Current owner
From public records · entity-resolved
Todays Vi LLC
Entity
Free & Clear · 22 yrs held
Mailing address
835 AIRPORT BLVD #288, BURLINGAME, CA 94010-1922
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2016
—
Todays Vi LLC
—
Deed
related
$3,000,000 · Shanghai Com'l Bk Ltd
Jun 16, 2004
$8,477,000
Todays Vi LLC
Accommodators LLC
Warranty Deed
—
Nov 18, 1998
—
Accommodators LLC
Poppe,siegfried E
Grant Deed
$1,500,000 · Individual
May 15, 1996
$3,300,000
Siegfried E Poppe
Delta Management Co INC
Grant Deed
$1,448,000 · Money Store Commercial Mtg
—
—
Todays Vi LLC
—
Deed Of Trust
related
$4,300,000 · Shanghai Commercial Bank Ltd
—
—
Todays Vi LLC
—
Loan Modification
related
$4,300,000 · Shanghai Com'l Bk Ltd
—
—
Todays Vi LLC
—
Loan Modification
related
$3,000,000 · Shanghai Com'l Bk Ltd
—
—
Todays Vi LLC
—
Deed Of Trust
related
$4,300,000 · Shanghai Commercial Bank Ltd
—
—
Todays Vi LLC
—
Deed Of Trust
related
$5,000,000 · Shanghai Commercial Bank Ltd
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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