6955 Salashan PkwyFerndale, WA 98248

  • Industrial properties
  • 60,000 SF
For Lease
$9/SF/YR View listing

Property Details for 6955 Salashan Pkwy

Year built
1998
Lot size
7.00 AC
Property size (Sq ft)
60,000 SF
Zone code
LII
Property type
Industrial properties
APN
390206 080124 0000
APU
3902060801240000

Description

This exceptional 40,000 square foot light industrial warehouse building presents a fantastic sublease opportunity, available January 1st, 2024, and extending until June 30th, 2027. Located within the desirable Grandview Business Park, this single-story building offers significant advantages for businesses seeking efficient and well-equipped space. The structure is a fully engineered, steel-framed building, complete with a comprehensive sprinkler system for enhanced safety. Loading and unloading are facilitated by one grade-level door and one loading dock, ensuring smooth operations. The property boasts substantial heavy power capacity, catering to businesses with significant energy demands. Ample parking is readily available, complemented by excellent ingress and egress points, simplifying transportation and logistics. This is a single-tenant building, providing exclusive use of the entire 40,000 square feet. The building's design and features make it ideal for a variety of industrial uses. Don't miss this chance to secure a prime location and well-maintained warehouse space in a thriving business park. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $37,238,400
    6.5%
    $34,373,900
    7%
    $31,918,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $29,181,400
    Geo Method
    $18,487,700
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $17,423,100
    Mixed-Use / Specialty
    $17,200,400
    Hospitality / Lodging
    $12,410,400
    Office
    $16,931,000
    Institutional / Educational
    $17,824,100
    Residential Income
    $20,854,200
    Multifamily
    $25,901,400
    Automotive / Energy
    $15,277,800
    Parking / Income-Based Land
    $5,430,790
    Restaurant / Food Service
    $8,603,480
    Healthcare / Senior Housing
    $17,803,300

Location Insight

City
Ferndale
County
Whatcom
State
Washington
Latitude
48.8955
Longitude
-122.613
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
$36,714
$1,102,080
$4,940,275
$6,042,355
-
$1,102,080
$4,940,275
$6,042,355

FAQs

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