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Property profile & analytics
OFF-MARKET
Distribution properties
Blaine, WA 98230
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-2603414
Property profile
Verified
Property type
Distribution properties
Use group
COM AUTO TRANS/STORAGE
Year built
1990
Total area
7,360 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CM
APN
415136 530022 0000
UPID
US90-2603414
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
Lark Enterprises INC · 3 yrs held
Lark Enterprises INC
since 2023
Last sale
$13.6M
6 recorded transactions
Zoning & alternative use
CM · 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
$1,191
Tax year 2024
Assessed value
$177,097
Assessed 2023
Previous assessed
$153,997
+15.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$169,280
Assessed improvement
$7,817
Land market value
$169,280
Improvement market value
$7,817
Total market value
$177,097
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
Distribution properties
Use group
COM AUTO TRANS/STORAGE
Status
Off-Market
Year built
1990
Heating
NONE
Total area
7,360 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CM
APN
415136 530022 0000
UPID
US90-2603414
Jurisdiction
WHATCOM
Zoning & alternative use
CM · Blaine, WAZoning CM · permitted uses
CM · Blaine, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Lark Enterprises INC
Entity
Free & Clear · 3 yrs held
Mailing address
5394 QUAIL RUN, BLAINE, WA 98230-5718
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2023
$1,200,000
Lark Enterprises INC
Nimbus Properties LLC
Warranty Deed
—
Jun 1, 2021
$1,450,000
Exodus Holdings LLC
Jacaranda Land Too LLC
Warranty Deed
—
Mar 29, 2021
—
Jacaranda Land Too LLC
Jacaranda Land Corporation
Warranty Deed
—
Jul 15, 2005
$850,000
Jacaranda Land Corp
Schickli,kent D
Warranty Deed
—
Feb 20, 2004
$302,484
Kent D Schickli
Brown & Cole INC
Grant Deed
—
Jan 18, 2002
—
Brown & Cole Stores LLC
—
Deed Of Trust
related
$3,750,000 · Cooperatieve Centrale Raiffese
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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