Back to Search
Property profile & analytics
OFF-MARKET
Truck terminals
8282 Portal Way Blaine, WA 98230-9735
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-3257324
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1949
Total area
1,391 SF
Lot
2 ac (87,120 SF)
Zoning code
RIM
APN
400122 118253 0000
UPID
US90-3257324
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
-
Northwest Carrier Logistics Logistics Company Freight Service
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
Singh Heer · 11 yrs held
Singh Heer
since 2015
7 recorded transactions
Zoning & alternative use
RIM · 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
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
$3,070
Tax year 2021
Assessed value
$572,101
Assessed 2022
Previous assessed
$572,101
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$418,176
Assessed improvement
$153,925
Land market value
$418,176
Improvement market value
$153,925
Total market value
$572,101
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1949
Heating
FORCED AIR
Stories
2
Bathrooms
1
Total area
1,391 SF
Lot
2 ac (87,120 SF)
Zoning code
RIM
APN
400122 118253 0000
UPID
US90-3257324
Jurisdiction
WHATCOM
Zoning & alternative use
RIM · Blaine, WA
Zoning RIM · permitted uses
RIM · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blaine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
FORCED AIR
Stories
2
Bathrooms
1
Lot
2 ac
Current owner
From public records · entity-resolved
Singh Heer
Individual
Mailing address
1173 RENE CT, BLAINE, WA 98230-9513
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2015
$325,000
Singh Heer
Charles T Wolters
Warranty Deed
$260,000 · Movement Mortgage
Jun 6, 2011
$224,900
Charles T Wolters
Aurora Ln Svcs LLC
Grant Deed
$150,000 · Bank Of Pacific
Dec 27, 2010
$219,000
Aurora Ln Svcs LLC
Quality Loan Svc Corp Of Wa
Trustees Deed
related
—
Sep 28, 2005
$330,000
Tim J Ticen
Levy,richard & Kay A
Warranty Deed
$317,533 · Summit Bank
Jan 14, 2005
—
Richard Levy
—
Trustees Deed
related
$165,000 · Frontier Bank
Sep 2, 2004
$117,000
Richard Levy
Steven,gladys H
Warranty Deed
$107,000 · Gladys H Stevens
—
—
Richard A Levy
—
Deed Of Trust
related
$46,000 · Janey Bennett
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 8282 Portal Way?
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.
