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Property profile & analytics
OFF-MARKET Estimated value $2,105,000
Commercial real estate

8181 Guide Meridian Rd Lynden, WA 98264-9230

7,810 SF 1.19 ac lot Built 1965
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US90-0041357
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 7,810 SF
Lot 1.19 ac (51,619 SF)
Zoning code CSR
APN 400224 536108 0000
UPID US90-0041357
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
  • Lynden Lube & Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.53M
Comparable Approach Comparable
$2.18M
Blend (final) Blend
$2.11M
Owner & transaction history
Department Ofe Transportation · 10 yrs held
Department Ofe Transportation
since 2015
7 recorded transactions
2017
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2015
Price N/A
2009
$850,000
2005
$850,000
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
Restaurant $2.7M +49.3%
Medical building $2.4M +36.2%
Office building $2.3M +27.7%
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