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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Showrooms
8210 Portal Way Blaine, WA 98230-9735
Entity Owned
22-yr Hold
Property ID
US90-0367000
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1985
Total area
3,436 SF
Lot
19.8 ac (862,488 SF)
Zoning code
RIM
APN
400122 200201 0000
UPID
US90-0367000
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
-
VW Home & Garden Center Home Decor Store Department Store
-
Van Wingerden Greenhouses Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.01M
Owner & transaction history
Van Wingerden Family Holdings · 22 yrs held
Van Wingerden Family Holdings
since 2003
7 recorded transactions
Zoning & alternative use
RIM · Blaine, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+6.3%
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%
$725,000
6.5%
$670,000
7%
$625,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,005,000
Current use
MEDICAL BUILDING
$1,065,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$1,000,000
Change: 0% · Conversion: Easy
RETAIL STORES
$865,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±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
$294 / 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
$46,576
Tax year 2021
Assessed value
$6,476,783
Assessed 2022
Previous assessed
$6,476,783
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$2,411,046
Assessed improvement
$4,065,737
Land market value
$2,411,046
Improvement market value
$4,065,737
Total market value
$6,476,783
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
2
Bathrooms
2
Total area
3,436 SF
Lot
19.8 ac (862,488 SF)
Zoning code
RIM
APN
400122 200201 0000
UPID
US90-0367000
Jurisdiction
WHATCOM
Zoning & alternative use
RIM · Blaine, WAZoning RIM · permitted uses
RIM · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$865,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Bathrooms
2
Lot
19.8 ac
Current owner
From public records · entity-resolved
Van Wingerden Family Holdings
Entity
Mailing address
8210 PORTAL WAY, BLAINE, WA 98230-9735
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
—
Van Wingerden Family Holdings LLC
—
Deed
related
—
Jun 14, 2023
—
Van Wingerden Family Holdings LLC
—
Deed
related
$750,000 · Umpqua Bank
Feb 26, 2021
—
Van Wingerden Family Holdings LLC
—
Deed
related
$780,965 · Umpqua Bank
Nov 18, 2009
—
Van Wingerden Fam Holdings LLC
—
Grant Deed
related
$9,068,000 · Rabo Agrifinance INC
Dec 29, 2008
—
Vanwingerden Portal Props LLC
—
Grant Deed
related
$4,416,000 · Farm Credit Svcs
Dec 11, 2006
—
Vanwingerden Properties LLC
—
Grant Deed
related
$2,410,000 · Northwest Farm Credit Svcs Pca
Dec 16, 2003
$500,000
Van Wingerden Family Holdings
Van Wingerden,michael J & Kathleen J
Quit Claim Deed
related
—
Nov 30, 2000
—
John M Vanwingerden
—
Deed Of Trust
related
$4,000,000 · Northwest Farm Credit Svcs
—
—
Van Wingerden Family Holdings
—
Loan Modification
related
$8,422,844 · Rabo Agrifinance INC
—
—
Vanwingerden Portal Props LLC
—
Deed Of Trust
related
$4,416,000 · Northwest Farm Credit Svcs Pca
—
—
Vanwingerden Greenhouses INC
—
Deed Of Trust
related
$506,000 · Northwest Farm Credit Svcs
—
—
Van Wingerden Greenhouses INC
—
Deed Of Trust
related
$200,000 · Northwest Farm Credit Svcs
—
—
Van Wingerden Portal Propertie
—
Deed Of Trust
related
$980,000 · Van Wingeden Family Holdings
—
—
Michael J Van Wingerden
—
Deed Of Trust
related
$1,500,000 · Northwest Farm Credit Svcs
—
—
Van Wingerden Family Holdings
—
Deed Of Trust
related
$9,618,396 · Rabo Agrifinance
—
—
John M Van Wingerden
—
Deed Of Trust
related
—
—
—
Van Wingerden Greenhouses LLC
—
Deed Of Trust
related
$3,200,000 · Rabo Agrifinance INC
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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