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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Retail properties & Spaces
905 Harris Ave Bellingham, WA 98225-7044
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-2770268
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1979
Total area
1,824 SF
Lot
0.06 ac (2,500 SF)
Zoning code
CC
APN
370201 067106 0000
UPID
US90-2770268
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
-
Beauty Collective Hair Salon
-
BLD Design Engineer Furniture Maker
-
Salon Le Roux Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Pacific Holdings LLC · 1 yrs held
Pacific Holdings LLC
since 2025
Last sale
$677,935
7 recorded transactions
Zoning & alternative use
CC · Bellingham, 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 Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham 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
$705,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $678k (Feb 3 2025)
Last sale anchor
$678k
Feb 3 2025
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
$376 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,628
Tax year 2024
Assessed value
$595,190
Assessed 2023
Previous assessed
$633,181
-6.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$299,860
Assessed improvement
$295,330
Land market value
$299,860
Improvement market value
$295,330
Total market value
$595,190
Applied tax rate
100.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Cooling
YES
Total area
1,824 SF
Lot
0.06 ac (2,500 SF)
Zoning code
CC
APN
370201 067106 0000
UPID
US90-2770268
Jurisdiction
WHATCOM
Zoning & alternative use
CC · Bellingham, WA
Zoning CC · permitted uses
CC · Bellingham, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
FORCED AIR
Cooling
Yes
Lot
0.06 ac
Current owner
From public records · entity-resolved
Pacific Holdings LLC
Entity
Mailing address
PO BOX 446, LYNDEN, WA 98264-0446
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
—
Pacific Holdings LLC
Mount Baker Estate LLC
Deed
related
—
Feb 3, 2025
—
Pacific Holdings LLC
Mount Baker Real Estate LLC
Quitclaim Deed
related
—
Mar 18, 2022
$677,935
Mount Baker Real Estate LLC
Ldl Properties LLC
Warranty Deed
—
Mar 18, 2022
—
Roux Salon Le
Ldl Properties LLC
Lease
—
Jun 24, 2009
$299,039
Ldl Properties LLC
Davis,matthew P & Alicia S
Quit Claim Deed
related
$267,350 · Whidbey Island Bank
Jun 3, 2004
$579,000
Matthew P Davis
Braun,robin N & Jame
Warranty Deed
$459,200 · Whidbey Island Bank
—
—
Robin N Braun
—
Deed Of Trust
related
$85,000 · Newton Trust
—
—
Robin N Braun
—
Deed Of Trust
related
$60,000 · Becrich Trust
—
—
Mattew P Davis
—
Deed Of Trust
related
$207,000 · Northwest Busn Dev Assn
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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