2184 Buchanan LoopFerndale, WA 98248

  • 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
Land
Property subtype
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
    Residential
    $122,438,056
    Hospitality
    $112,152,600
    Educational
    $93,309,648
    Medical
    $96,518,704
    Retail
    $145,148,336
2184 Buchanan Loop, Ferndale, Washington

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

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