Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,355,000
Grocery and convenience stores
8135 Birch Bay Sq St Blaine, WA 98230-9800
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0983442
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1998
Total area
24,108 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GI
APN
400122 334070 0000
UPID
US90-0983442
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
-
Leonardo's Subs and More Take-out & Catering
-
Coinstar Kiosk | Bitcoin ATM Kiosk Atm
-
Coinme at Coinstar - Bitcoin Kiosk Shopping Center & Mall (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.43M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$4.36M
Owner & transaction history
Christopher T P Quach · 8 yrs held
Christopher T P Quach
since 2018
7 recorded transactions
Zoning & alternative use
GI · Blaine, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.0M
+16.0%
Office building
$7.0M
+15.6%
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%
$4,795,000
6.5%
$4,425,000
7%
$4,110,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,065,000
Current use
COMMERCIAL (GENERAL)
$7,035,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$7,010,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$4.36M
Range $3.92M – $4.79M · ±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
$181 / 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
$21,603
Tax year 2021
Assessed value
$2,530,682
Assessed 2022
Previous assessed
$2,530,682
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$762,565
Assessed improvement
$1,768,117
Land market value
$762,565
Improvement market value
$1,768,117
Total market value
$2,530,682
Applied tax rate
2,040.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
YES
Total area
24,108 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GI
APN
400122 334070 0000
UPID
US90-0983442
Jurisdiction
WHATCOM
Zoning & alternative use
GI · Blaine, WA
Zoning GI · permitted uses
GI · 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
RETAIL STORES Current
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$7.0M
OFFICE BUILDING
Est. value
$7.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE 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
1998
Heating
NONE
Cooling
Yes
Lot
3.5 ac
Current owner
From public records · entity-resolved
Christopher T P Quach
Individual
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jul 19, 2018
$12,800,000
Christopher T P Quach
North America 6666 Invs Birch
Warranty Deed
—
Feb 2, 2015
—
North America 6666 Investment
—
Grant Deed
related
$2,500,000 · East West Bk
Oct 26, 2012
$9,269,700
America 6666 Investment North
Union Bank NA
Grant Deed
—
Sep 21, 2011
$6,789,000
Union Bank NA
Mtc Financial INC
Trustees Deed
related
—
Jul 6, 2007
—
Birch Bay Square I LLC
Far North Ventures LLC
Grant Deed
—
—
—
North America 6666 Investment
—
Deed Of Trust
related
$2,500,000 · East West Bk
—
—
Birch Bay Square I LLC
—
Deed Of Trust
related
$4,110,000 · Frontier Bank
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 8135 Birch Bay Sq 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.
