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Property profile & analytics
OFF-MARKET
Research & development properties
9235 Semiahmoo Pkwy Blaine, WA 98230-9838
Individually Owned
9-yr Hold
Free & Clear
Property ID
US90-2846389
Property profile
Verified
Property type
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Year built
1980
Total area
2,595 SF
Lot
0.16 ac (6,970 SF)
Zoning code
RPR
APN
405110 475459 0000
UPID
US90-2846389
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
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
Lummi Tribe Of The Lummi Reser · 9 yrs held
Lummi Tribe Of The Lummi Reser
since 2017
1 recorded transaction
Zoning & alternative use
RPR · Blaine, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
17.38.010 Purpose. § 17.38.020 Permitted uses. § 17.38.030 Permitted accessory uses (secondary to permitted uses). § 17.38.031 Conditional uses. § 17.38.050 Minimum lot size. § 17.38.055 Residential design standards for RPR zoning district. § 17.38.060 Setback - Land coverage - Height - Lot width. § 17.38.070 Off-street parking. § 17.38.080 Appeals. Chapter…
Zone name
Residential Planned Recreation
General category
RESIDENTIAL
Zone area
1,816.69 ac
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 2023Property tax & assessments
Tax year 2023
Assessed value
$2,634,907
Assessed 2022
Previous assessed
$2,634,907
+0.0% YoY
Assessed land
$27,080
Assessed improvement
$2,607,827
Land market value
$27,080
Improvement market value
$2,607,827
Total market value
$2,634,907
Applied tax rate
300.0000
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
Research & development properties
Use group
WASTE DISPOSAL, SEWAGE
Status
Off-Market
Year built
1980
Heating
NONE
Total area
2,595 SF
Lot
0.16 ac (6,970 SF)
Zoning code
RPR
APN
405110 475459 0000
UPID
US90-2846389
Jurisdiction
WHATCOM
Zoning & alternative use
RPR · Blaine, WAZoning RPR · permitted uses
RPR · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
17.38.010 Purpose. § 17.38.020 Permitted uses. § 17.38.030 Permitted accessory uses (secondary to permitted uses). § 17.38.031 Conditional uses. § 17.38.050 Minimum lot size. § 17.38.055 Residential design standards for RPR zoning district. § 17.38.060 Setback - Land coverage - Height - Lot width. § 17.38.070 Off-street parking. § 17.38.080 Appeals. Chapter 17.40 RURAL ZONE Chapter 17.42 PLANNED RESIDENTIAL ZONING DISTRICT § 17.42.010 Purp
Zone name
Residential Planned Recreation
General category
RESIDENTIAL
Zone area
1,816.69 ac
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Lummi Tribe Of The Lummi Reser
Individual
Free & Clear · 9 yrs held
Mailing address
435 MARTIN ST STE #3000, BLAINE, WA 98230-4106
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2017
—
Lummi Tribe Of The Lummi Reser
City Of Blaine
Quit Claim Deed
related
—
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
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