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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Mobile home & RV parks
8717 Line Rd Lynden, WA 98264-9266
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0385441
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
1927
Total area
2,542 SF
Lot
19.7 ac (858,132 SF)
Zoning code
TR-RW
APN
400316 466301 0000
UPID
US90-0385441
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 / Bellingham KOA Journey Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$593k
Blend (final)
Blend
$560k
Owner & transaction history
Martin Family Holdings LLC · 1 yrs held
Martin Family Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
TR-RW · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The essential purpose of the travel trailer and recreational vehicle zone is to provide for uses, buildings or structures in which travel trailers and recreational vehicles may be located with restrictions for their uses
Zone name
Travel Trailer And Recreational Vehicle
General category
OPEN_SPACE
Zone area
21.55 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$695,000
+29.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CAMPGROUND, RV PARK
$535,000
Current use
COMMERCIAL (GENERAL)
$695,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$220 / 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
$15,358
Tax year 2021
Assessed value
$1,504,092
Assessed 2022
Previous assessed
$1,504,092
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$571,000
Assessed improvement
$933,092
Land market value
$571,000
Improvement market value
$933,092
Total market value
$1,504,092
Applied tax rate
400.0000
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
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Status
Off-Market
Year built
1927
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Bathrooms
3
Total area
2,542 SF
Lot
19.7 ac (858,132 SF)
Zoning code
TR-RW
APN
400316 466301 0000
UPID
US90-0385441
Jurisdiction
WHATCOM
Zoning & alternative use
TR-RW · Lynden, WAZoning TR-RW · permitted uses
TR-RW · Lynden, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The essential purpose of the travel trailer and recreational vehicle zone is to provide for uses, buildings or structures in which travel trailers and recreational vehicles may be located with restrictions for their uses
Zone name
Travel Trailer And Recreational Vehicle
General category
OPEN_SPACE
Zone area
21.55 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
CAMPGROUND, RV PARK Current
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$695,000
CAMPGROUND, RV PARK Current
COMMERCIAL (GENERAL)
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
1927
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
3
Lot
19.7 ac
Current owner
From public records · entity-resolved
Martin Family Holdings LLC
Entity
Mailing address
8717 LINE RD, LYNDEN, WA 98264-9266
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
Martin Family Holdings LLC
Eddy J Martin
Personal Rep. Deed
—
Aug 24, 2006
—
Martin Family Holdings LLC
—
Trustees Deed
related
$150,000 · Frontier Bank
Jul 12, 2005
—
Martin Family Holdings LLC
Martin,danny & Shirley
Quit Claim Deed
—
—
—
Dan Mar Trust
—
Deed Of Trust
related
$132,340 · Peoples Bank & Trust
—
—
Martin Family Holdings LLC
—
Deed Of Trust
related
$21,955 · Frontier Bank
—
—
Dan Mar Trust
—
Deed Of Trust
related
$99,238 · Peoples Bank & Trust
—
—
Mar,dan Tr
—
Deed Of Trust
related
$319,170 · Peoples Bank & Trust
—
—
Mar Trust
—
Deed Of Trust
related
$214,319 · Peoples Bank & Trust
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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