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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Investment properties
810 Peace Portal Dr, Blaine, WA 98230-4042
Entity Owned
21-yr Hold
Free & Clear
Property ID
US90-1398777
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1903
Total area
5,500 SF
Lot
0.06 ac (2,614 SF)
Zoning code
CM
APN
405101 493531 0000
UPID
US90-1398777
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
-
Horseshoe Coins & Antiques (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$985k
Owner & transaction history
Horseshoe Building LLC · 21 yrs held
Horseshoe Building LLC
since 2005
6 recorded transactions
Zoning & alternative use
CM · Blaine, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,165,000
6.5%
$1,075,000
7%
$995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,605,000
Current use
OFFICE BUILDING
$1,600,000
Change: 0% · Conversion: Easy
RETAIL STORES
$1,385,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$179 / 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
$3,465
Tax year 2021
Assessed value
$472,484
Assessed 2022
Previous assessed
$472,484
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$124,875
Assessed improvement
$347,609
Land market value
$124,875
Improvement market value
$347,609
Total market value
$472,484
Applied tax rate
300.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1903
Heating
FORCED AIR
Cooling
AC.FAN COOLING
Total area
5,500 SF
Lot
0.06 ac (2,614 SF)
Zoning code
CM
APN
405101 493531 0000
UPID
US90-1398777
Jurisdiction
WHATCOM
Zoning & alternative use
CM · Blaine, WA
Zoning CM · permitted uses
CM · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
1903
Heating
FORCED AIR
Cooling
Yes
Lot
0.06 ac
Current owner
From public records · entity-resolved
Horseshoe Building LLC
Entity
Free & Clear · 21 yrs held
Mailing address
810 PEACE PORTAL DR APT #301, BLAINE, WA 98230-4042
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2005
—
Horseshoe Building LLC
Becht,bill JR
Quit Claim Deed
related
—
Feb 13, 2002
—
Bill Becht
Doherty,diana
Quit Claim Deed
related
—
Jan 29, 2002
—
Bill Becht
Doherty,diana
Quit Claim Deed
related
—
—
—
Bill Becht
—
Deed Of Trust
related
$197,000 · Whatcom State Bank
—
—
Horseshoe Building LLC
—
Loan Modification
related
$96,046 · Peoples Bank & Trust
—
—
Bill Becht
—
Deed Of Trust
related
$222,767 · Peoples Bank & Trust
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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