Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Golf courses & driving ranges
7878 Birch Bay Dr Blaine, WA 98230-9656
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1792751
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1928
Total area
11,736 SF
Lot
5.18 ac (225,641 SF)
Zoning code
RC
APN
400130 104246 0000
UPID
US90-1792751
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
-
CJ's Beach House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$2.20M
Owner & transaction history
Ironborn INC · 2 yrs held
Ironborn INC
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
RC · Blaine, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.3M
+138.9%
Restaurant
$2.4M
+75.9%
Office building
$1.9M
+41.4%
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 Blaine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blaine 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
$2,200,000
ML approach
$2,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,360,000
Current use
COMMERCIAL (GENERAL)
$3,255,000
Change: +139% · Conversion: Difficult
RESTAURANT
$2,395,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$1,925,000
Change: +41% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,550,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$1,535,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$2.20M
Range $1.98M – $2.42M · ±10% · vs last sale $2.20M (Jun 18 2024)
Last sale anchor
$2.20M
Jun 18 2024
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
$187 / 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
$12,153
Tax year 2024
Assessed value
$1,805,959
Assessed 2023
Previous assessed
$1,805,959
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$1,043,000
Assessed improvement
$762,959
Land market value
$1,043,000
Improvement market value
$762,959
Total market value
$1,805,959
Applied tax rate
3,035.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1928
Heating
NONE
Cooling
YES
Buildings
2
Total area
11,736 SF
Lot
5.18 ac (225,641 SF)
Zoning code
RC
APN
400130 104246 0000
UPID
US90-1792751
Jurisdiction
WHATCOM
Zoning & alternative use
RC · Blaine, WA
Zoning RC · permitted uses
RC · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blaine. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$3.3M
RESTAURANT
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1928
Heating
NONE
Cooling
Yes
Buildings
2
Lot
5.18 ac
Current owner
From public records · entity-resolved
Ironborn INC
Entity
Mailing address
7878 BIRCH BAY DR, BLAINE, WA 98230-9656
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$2,200,000
Ironborn INC
Rhino Development LLC
Warranty Deed
—
Dec 29, 2021
$3,150,000
Rhino Development LLC
North America Chens Holdings LLP
Warranty Deed
$3,300,000 · Brad M INC
Aug 22, 2012
$2,350,000
America Chens Holdings North
Pro Bay LLC
Grant Deed
—
Aug 3, 2006
$4,010,000
Pro Bay LLC
Iskum X LLC
Grant Deed
$2,606,500 · Frontier Bank
Apr 21, 1998
—
Birch Bay Golf Course LLC
Trull,james S
Quit Claim Deed
related
$355,000 · Individual
—
—
Birch Bay Golf Course LLC
—
Deed Of Trust
related
$36,100 · Paradigm Financial Services
—
—
North American Chens Holdings
—
Deed Of Trust
related
$1,000,000 · East West Bk
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 7878 Birch Bay Dr?
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.
