New search
Property profile & analytics
OFF-MARKET
Commercial real estate
719 Cherry St, Sumas, WA 98295
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1988384
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
630 SF
Lot
0.91 ac (39,548 SF)
Zoning code
BTO
APN
410434 500160 0000
UPID
US90-1988384
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
Chispita De Sabor LLC · 2 yrs held
Chispita De Sabor LLC
since 2024
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
BTO · Sumas, 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 Sumas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sumas 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
$1,526
Tax year 2021
Assessed value
$113,362
Assessed 2022
Previous assessed
$113,362
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$38,909
Assessed improvement
$74,453
Land market value
$38,909
Improvement market value
$74,453
Total market value
$113,362
Applied tax rate
660.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1989
Heating
NONE
Total area
630 SF
Lot
0.91 ac (39,548 SF)
Zoning code
BTO
APN
410434 500160 0000
UPID
US90-1988384
Jurisdiction
WHATCOM
Zoning & alternative use
BTO · Sumas, WA
Zoning BTO · permitted uses
BTO · Sumas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sumas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Lot
0.91 ac
Current owner
From public records · entity-resolved
Chispita De Sabor LLC
Entity
Mailing address
8204 PORTAL WAY, BLAINE, WA 98230-9735
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
—
Chispita De Sabor LLC
—
Deed
related
$244,000 · Harborstone Cu
Mar 8, 2024
$300,000
Chispita De Sabor LLC
Centurion Home Services LLC
Warranty Deed
$240,000 · Centurion Home Services LLC
Feb 17, 2023
$220,000
Centurion Home Services LLC
Joel Leppaia
Warranty Deed
—
Jul 2, 2021
—
Joel Leppala
—
Deed
related
$89,000 · Edward J Gutschmidt
Feb 10, 2020
—
Joel Leppala
William Pinkstaff
Quit Claim Deed
related
—
Mar 13, 2018
$120,000
Joel Leppala
Ligocki,kenneth B
Warranty Deed
—
Sep 9, 2011
$115,000
Kenneth B Ligocki
Fry,guy & Constance
Warranty Deed
$103,500 · Guy & Constance Fry
Jun 22, 2005
$125,000
Guy Fry
Mann,baljinder S
Warranty 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.
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 719 Cherry St?
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.
