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Property profile & analytics
OFF-MARKET
Auto shops
8195 Hannegan Rd Lynden, WA 98264-9427
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3297647
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Total area
12,520 SF
Lot
0.82 ac (35,719 SF)
Zoning code
AG
APN
400320 512110 0000
UPID
US90-3297647
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
-
Sorensen Truck & Equipment Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Martin Sorensen · 19 yrs held
Martin Sorensen
since 2006
4 recorded transactions
Zoning & alternative use
AG · Lynden, 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 Lynden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynden 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,057
Tax year 2021
Assessed value
$235,659
Assessed 2022
Previous assessed
$235,659
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$102,178
Assessed improvement
$133,481
Land market value
$102,178
Improvement market value
$133,481
Total market value
$235,659
Applied tax rate
4,031.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Heating
SPACE
Cooling
YES
Total area
12,520 SF
Lot
0.82 ac (35,719 SF)
Zoning code
AG
APN
400320 512110 0000
UPID
US90-3297647
Jurisdiction
WHATCOM
Zoning & alternative use
AG · Lynden, WA
Zoning AG · permitted uses
AG · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
SPACE
Cooling
Yes
Lot
0.82 ac
Current owner
From public records · entity-resolved
Martin Sorensen
Individual
Mailing address
9108 BENDER RD, LYNDEN, WA 98264-9506
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2019
—
Martin Sorensen
—
Trustees Deed
related
$49,145 · Banner Bk
Nov 3, 2006
$180,000
Martin Sorensen
Voskuilen,nelly
Warranty Deed
$175,000 · Casey & Ada Voskuilen
—
—
Martin Sorensen
—
Deed Of Trust
related
$200,854 · Banner Bk
—
—
Martin Sorensen
—
Loan Modification
related
$150,000 · Washington Fed'l Svgs
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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