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    Custer, WA Ferndale, WA Palmdale, CA Lynden, WA Point Roberts, WA Bellingham, WA Everson, WA Lummi Island, WA
    Waterfront Resort Commercial Development Site
    Updated: Aug 21, 2023
    Waterfront Resort Commercial Development Site

    4817 Alderson Road, Blaine, WA 98230

    $799,888
    1.00 AC lot
    0.8225‑acre development site with water views just steps to Birch Bay beach
    Zoned resort commercial; supports apartments, condo, retail, restaurants, mixed‑use, and drive‑through use
    Condo/apartment unit plan: minimum 8 units, maximum 18 units
    Time share/hotel unit plan: minimum 16 units, maximum 22 units
    Existing mobile home and garage on site; mobile home & garage rent $650 (tenant occupied; do not disturb)
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Blaine, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Modern Townhome Community
    Modern Townhome Community

    201 Tull, Bellingham, WA 98226

    $10,995,000
    30,104 sqft

    Recently built 32-unit townhome community offering 2- and 3-bedroom layouts with in-unit laundry.

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    Multifamily Redevelopment Site
    Multifamily Redevelopment Site

    4200 Meridian St, Bellingham, WA 98226

    Contact for pricing
    3.90 AC lot

    3.9-acre site in a general commercial zone with five existing buildings and 30+ tenants generating NOI until redevelopment begins.

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    New Garden-Style Apartment Community
    New Garden-Style Apartment Community

    8874 Depot Rd, Lynden, WA 98264

    Contact for pricing

    Newly constructed garden-style community with 48 units and 2- and 3-bedroom floor plans completed in 2022.

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    Garden-Style Apartment Community
    Garden-Style Apartment Community

    8881 Depot Rd, Lynden, WA 98264

    Contact for pricing

    Newly constructed 44-unit garden-style community completed in 2018 with 2- and 3-bedroom units.

    View details

    Blaine, WA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Blaine, WA on our real estate platform.

    Sale prices for two-family homes in Blaine, WA average $799,888 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 19K
    Population Growth (5Y) +10.0%
    Median Household Income $82,716
    College Educated 21.5%

    High-Yield Neighborhoods for Investment

    Identify Blaine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98230 $799.9K

    Taxes & Financing

    Tax Rate (average for all types) 0.90%
    Property Tax per SF $7.64 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

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