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Property profile & analytics
OFF-MARKET Estimated value $2,910,000
Automotive properties

8139 Guide Meridian Rd Lynden, WA 98264-9230

19,797 SF 2.23 ac lot Built 1978
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US90-1253762
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1978
Total area 19,797 SF
Lot 2.23 ac (97,226 SF)
Zoning code CSR
APN 400224 539057 0000
UPID US90-1253762
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
$3.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$2.91M
Owner & transaction history
Joostens Holdings LLC · 4 yrs held
Joostens Holdings LLC
since 2021
Last sale
$2.7M
5 recorded transactions
2021
$2.7M
2015
Price N/A
2014
Price N/A
2013
Price N/A
1997
$190,000
Zoning & alternative use
CSR · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. Regional commercial services (CSR): The purpose of the CSR zone is to support the development of large format retail and regional commercial development. In addition, this zone may support commercial establishments which require a retail contact with the public together with professional offices , storage and warehousing, or light manufacturing. This zone…

Zone name Regional Commercial Services
General category COMMERCIAL
Zone area 218.80 ac
Source Complete Zoning Ordinance
Top alternative use upside
Commercial (general) $4.5M +30.2%
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