New search
Property profile & analytics
OFF-MARKET
Office buildings
978 Peace Portal Dr, Blaine, WA 98230-4009
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-0044360
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1908
Total area
1,494 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CBT
APN
405101 494453 0000
UPID
US90-0044360
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
Blythe Campbell
Blythe Campbell
since 2026
Last sale
$429,000
4 recorded transactions
Zoning & alternative use
CBT · 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,992
Tax year 2024
Assessed value
$296,224
Assessed 2023
Previous assessed
$296,224
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$195,360
Assessed improvement
$100,864
Land market value
$195,360
Improvement market value
$100,864
Total market value
$296,224
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1908
Heating
BASEBOARD
Cooling
YES
Total area
1,494 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CBT
APN
405101 494453 0000
UPID
US90-0044360
Jurisdiction
WHATCOM
Zoning & alternative use
CBT · Blaine, WA
Zoning CBT · permitted uses
CBT · 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
1908
Heating
BASEBOARD
Cooling
Yes
Lot
0.14 ac
Current owner
From public records · entity-resolved
Blythe Campbell
Individual
Mailing address
920 RUBY ST, BLAINE, WA 98230-9373
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
$525,000
Blythe Campbell
Five Letter Names LLC
Warranty Deed
$275,000 · Guild Mortgage Co
Jun 20, 2024
$429,000
Five Letter Names LLC
Dennis Michael Mullenix
Warranty Deed
—
Oct 15, 2019
$315,000
Dennis M Mullenix
Ronald F Arntzen
Warranty Deed
$252,000 · Peoples Bk
Apr 8, 2004
$180,000
Ronald F Arntzen
Nelle,tr
Grant Deed
$130,000 · Nelle 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.
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 978 Peace Portal Dr?
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.