Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    926 Whidbey Ave Oak Harbor, WA 98277-2674
    Back to Search
    Property profile & analytics

    926 Whidbey Ave, Oak Harbor, WA 98277-2674

    View on Map
    • Retail space
    • 2,872 SF
    • 0.41 lot acres
    Off-Market
    Last Sale Jan 4, 2021
    Property ID
    US90-1352973
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sea Mar Oak Harbor Dental Clinic / Dental Office
    • Advanced Dentistry / Dental Office
    • Dr. Timothy Wezeman / Dental Office

    Property Details for 926 Whidbey Ave

    Year built
    1976
    Lot size
    0.41 lot acres
    Zone code
    OH
    Property type
    Retail space
    APN
    S7285-00-0C009-1
    APU
    S7285000C0091

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 4, 2021 — Davison,james B II Livin Trust James B Davison II Quit Claim Deed · related —
    Aug 7, 2019 $535,000 James B Davison II Wezeman,timothy D & Nancy A Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oak Harbor
    County
    Island
    State
    Washington
    Longitude
    -122.647
    Latitude
    48.2988
    CBSA code
    36020
    CBSA name
    OAK HARBOR, WA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $251,986
    $226,333
    $478,319
    -
    $251,986
    $226,333
    $478,319

    Comparable in this City

    • Value Estimation
      $785,000
      3,956 SF

      144 Ernst St

      RETAIL STORES (PERSONAL SERVICES)
      144 Ernst St, Oak Harbor, WA 98277-2804
      View Details
    • Value Estimation by Request
      1,832 SF

      1091 Dock St

      RETAIL STORES (PERSONAL SERVICES)
      1091 Dock St, Oak Harbor, WA 98277-4065
      View Details
    • Value Estimation by Request
      1,374 SF

      640 Whidbey Ave

      RETAIL STORES (PERSONAL SERVICES)
      640 Whidbey Ave, Oak Harbor, WA 98277-5901
      View Details
    • Value Estimation
      $1,655,000
      17,818 SF

      231 Barrington Dr

      RETAIL STORES (PERSONAL SERVICES)
      231 Barrington Dr, Oak Harbor, WA 98277-3200
      View Details
    • Value Estimation
      $1,050,000
      2,690 SF

      380 Barrington Dr

      RETAIL STORES (PERSONAL SERVICES)
      380 Barrington Dr, Oak Harbor, WA 98277-3266
      View Details
    • Value Estimation
      $695,000
      3,170 SF

      675 Midway Blvd

      RETAIL STORES (PERSONAL SERVICES)
      675 Midway Blvd, Oak Harbor, WA 98277-2663
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercially Zoned Land with Income

      10 acres of commercially zoned land with income potential.
      900 NE 24Th Ln, Oak Harbor, WA 98277
      View Details
    • Contact for pricing

      Historic Victorian Building in Oak Harbor

      1902 Victorian building in Oak Harbor's Downtown Central Business District.
      1199 SE Dock St, Oak Harbor, WA 98277
      View Details
    • Contact for pricing
      3,000 SF

      Commercial Facility Along Highway 20

      3,000 square foot commercial facility in Oak Harbor, Washington.
      1421 SW Barlow St, Oak Harbor, WA 98277
      View Details
    • Contact for pricing
      Pending

      Versatile Commercial Building For Sale

      High-traffic commercial building suitable for retail, office, or warehouse use.
      746 NE Midway Blvd, Oak Harbor, WA 98277
      View Details
    • Contact for pricing

      Retail Property on State Route

      Retail property for sale on State Route 20, Oak Harbor.
      31179 State Route 20, Oak Harbor, WA 98277
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,753 SF

      Retail Space in Oak Harbor

      Junior anchor space in busy retail center on State Route 20.
      32185-32209 State Highway 20, Oak Harbor, WA 98277
      View Details
    • $1,664 /Mo
      1,051 SF

      Retail Space in Harbor Station

      Ground floor retail space in a high-traffic retail center.
      32650 State Highway 20, Oak Harbor, WA 98277
      View Details
    • $1,973 /Mo
      1,246 SF

      Retail Space in Oak Harbor

      Retail space for lease in a busy Oak Harbor center.
      32650 State Highway 20, Oak Harbor, WA 98277
      View Details
    • $1,904 /Mo
      1,428 SF

      Retail Space in Oak Harbor

      Retail space for lease in Oak Harbor's business center.
      32650 State Highway 20, Oak Harbor, WA 98277
      View Details
    • $35,769
      35,769 SF

      Retail Space in Oak Harbor

      Junior anchor space in busy retail center near downtown.
      32185 State Highway 20, Oak Harbor, WA 98277
      View Details
    • $1,967 /Mo
      944 SF

      Oak Harbor Retail Space Available

      Retail space for lease in Oak Harbor's business center.
      32650 State Highway 20, Oak Harbor, WA 98277
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    926 Whidbey Ave
    Oak Harbor, WA 98277-2674
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    926 Whidbey Ave, Oak Harbor, WA, 98277
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!