2184 Buchanan LoopFerndale, WA 98248

  • Commercial land
  • 9.10 AC
For Sale
$2,700,000 View listing

Property Details for 2184 Buchanan Loop

Lot size
9.10 AC
Zone code
RET
Property type
Commercial land
APN
390206 445083 0000
APU
3902064450830000

Description

This exceptional 9.1-acre commercial land parcel presents a unique investment opportunity in Ferndale, Washington. Strategically located adjacent to Interstate 5, this property offers unparalleled accessibility and high visibility for a wide range of commercial developments. The site is situated within the city limits of Ferndale, ensuring convenient access to utilities and municipal services. While the exact square footage is not currently specified, the substantial acreage provides ample space for various projects. Public Utility District (PUD) water is available on-site, simplifying infrastructure development. A community septic system is in place, providing a cost-effective waste management solution. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the land for their intended development plans and verify all permitted uses. This prime location, coupled with the readily available utilities, makes this property an ideal canvas for ambitious commercial ventures. The asking price of $2,700,000 reflects the significant potential and strategic positioning of this exceptional land parcel. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area. Act quickly, as opportunities like this are rare.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $227,195,000
    Retail / Commercial
    $115,158,000
    Mixed-Use / Specialty
    $113,686,000
    Hospitality / Lodging
    $82,026,600
    Office
    $111,906,000
    Institutional / Educational
    $117,809,000
    Residential Income
    $137,836,000
    Multifamily
    $171,195,000
    Automotive / Energy
    $100,979,000
    Parking / Income-Based Land
    $35,894,800
    Restaurant / Food Service
    $56,864,700
    Healthcare / Senior Housing
    $117,671,000

Location Insight

City
Ferndale
County
Whatcom
State
Washington
Latitude
48.8943
Longitude
-122.598
CBSA code
13380
CBSA name
BELLINGHAM, WA METROPOLITAN 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
2021
$12,604
$1,732,257
-
$1,732,257
-
$1,732,257
-
$1,732,257

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message