Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Turn key restaurants
8140 Birch Bay Sq St Blaine, WA 98230-9800
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US90-0396846
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Total area
2,664 SF
Lot
0.84 ac (36,590 SF)
Zoning code
GI
APN
400122 335095 0000
UPID
US90-0396846
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
-
Jack in the Box Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$684k
Blend (final)
Blend
$510k
Owner & transaction history
Wajack LLC · 13 yrs held
Wajack LLC
since 2013
6 recorded transactions
Zoning & alternative use
GI · 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
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$825,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$775,000
Change: -14% · Conversion: Easy
OFFICE BUILDING
$775,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$191 / 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
$9,037
Tax year 2021
Assessed value
$1,042,473
Assessed 2022
Previous assessed
$1,042,473
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$656,910
Assessed improvement
$385,563
Land market value
$656,910
Improvement market value
$385,563
Total market value
$1,042,473
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Heating
NONE
Cooling
YES
Total area
2,664 SF
Lot
0.84 ac (36,590 SF)
Zoning code
GI
APN
400122 335095 0000
UPID
US90-0396846
Jurisdiction
WHATCOM
Zoning & alternative use
GI · Blaine, WAZoning GI · permitted uses
GI · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$775,000
OFFICE BUILDING
Est. value
$775,000
MEDICAL BUILDING
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
2008
Heating
NONE
Cooling
Yes
Lot
0.84 ac
Current owner
From public records · entity-resolved
Wajack LLC
Entity
Mailing address
9330 BALBOA AVE, SAN DIEGO, CA 92123-1516
Ownership since
2013
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
Apr 16, 2013
—
Wajack LLC
Americas Best Self Storage
Warranty Deed
—
Jul 13, 2011
$2,288,527
Americas Best Self Storage LP
Mguinness Living Trust
Warranty Deed
—
Mar 19, 2010
$1,930,000
Mguinness J F Living Trust
Jack In The Box INC
Warranty Deed
$775,000 · First Place Bank
Jan 29, 2008
$650,000
Jack In The Box INC
Far North Ventures LLC
Warranty Deed
—
—
—
Americas Best Self Storage LP
—
Deed Of Trust
related
$105,500 · Redmond Funding Group LLC
—
—
Wajack LLC
—
Deed Of Trust
related
$500,000 · Bank Of Hemet
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 8140 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.
