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Property profile & analytics
OFF-MARKET
Medical Office Space

8097 Harborview Rd Blaine, WA 98230-9639

3,946 SF 1.23 ac lot Built 1988
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US90-1692997
Property summary
AI-generated overview

This exceptional 5,000+ square foot commercial building presents a unique investment or owner-user opportunity in Blaine, Washington's desirable Birch Bay area. Situated on a sizable lot at 8097 Harborview Road, this property boasts a coveted location with high traffic counts and stunning bay views. Currently configured as a medical/office building, it's fully equipped and ready for immediate occupancy. The versatile design, however, allows for a wide range of commercial uses, including but not limited to banking, government offices, or other professional services. The Resort Commercial zoning ensures flexibility and future development potential. Ample parking is available on-site, addressing the needs of both staff and clients. A significant advantage is the property's location outside of any designated flood zone, mitigating risk and enhancing its appeal. This is a rare chance to acquire a well-maintained, strategically located commercial property in a thriving community with strong growth prospects. The asking price is $1,425,000. The property is not located on a flood plain. This presents a compelling investment opportunity for those seeking a high-visibility location with significant potential for return. The building's existing infrastructure and adaptable design make it an ideal choice for a variety of commercial ventures. Don't miss this chance to secure a prime commercial asset in a sought-after location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 3,946 SF
Lot 1.23 ac (53,579 SF)
Zoning code RC
APN 405125 570570 0000
UPID US90-1692997
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
  • Joseph Banham Physician
  • Family Care Network - Birch Bay Family Medicine Medical Clinic
  • Jessica Klassen Physician
  • Leah Embree Pediatrician Physician
  • Teresa L. Regier, ARNP Physician
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
Birch Bay Building LLC · 19 yrs held
Birch Bay Building LLC
since 2006
7 recorded transactions
2006
Price N/A
2006
Price N/A
1997
$760,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RC · Blaine, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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