2150 Peace Portal DrBlaine, WA 98230

Property Details for 2150 Peace Portal Dr

Year built

1994

Lot size

0.74 AC

Property size (Sq ft)

15,290 SF

Zone code

HCAB

Property type

Office buildings

APN

400107 432545 0000

APU

4001074325450000

Description

This exceptional Class A office building at 2150 Peace Portal Dr, Blaine, WA 98230, offers 4,339 square feet of immediately available executive office space. The building comprises five individual suites, ranging from a minimum of 270 square feet to a maximum contiguous space of 2,488 square feet, providing flexibility for businesses of various sizes. All 4,339 square feet are currently vacant and ready for immediate occupancy. The property boasts a highly desirable location in Blaine, Washington, offering unparalleled convenience with its proximity to Interstate 5, ensuring easy access for employees and clients. The strategic location also provides convenient access to Vancouver, British Columbia. The number of parking spaces is negotiable. This presents a unique opportunity to establish a presence in a thriving business community, benefiting from the visibility and accessibility this prime location offers. The building's multiple suite configuration allows for a variety of tenancy options, making it ideal for both established businesses seeking expansion and new ventures looking for a prestigious address. This is a truly exceptional opportunity to secure high-quality office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,674,140

  6.5%

  $4,314,600

  7%

  $4,006,410

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,647,750

  Geo Method

  $2,944,550

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,759,620

  Retail / Commercial

  $4,439,980

  Mixed-Use / Specialty

  $4,383,240

  Hospitality / Lodging

  $3,162,590

  Institutional / Educational

  $4,542,190

  Residential Income

  $5,314,360

  Multifamily

  $6,600,540

  Automotive / Energy

  $3,893,300

  Parking / Income-Based Land

  $1,383,950

  Restaurant / Food Service

  $2,192,450

  Healthcare / Senior Housing

  $4,536,880

Location Insight

City

Blaine

County

Whatcom

State

Washington

Latitude

48.9785

Longitude

-122.732

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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