Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5457-5463 Pacific Fern Dr Ferndale, WA

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Unoccupied manufacturing facility with advanced features near the Canadian Border.

    Lot size:
    5.16 Acres

    Property Features for 5457-5463 Pacific Fern Dr

    General Information

    Lot size
    5.16 Acres

    We can help!

    Listing Contact
    Robert Sandoz
    Source: Moodyscre

    Listing Agent: Robert Sandoz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Manufacturing Facility Near I-5

    The property at 5457-5463 Pacific Fern Drive in Ferndale, WA, consists of a state-of-the-art manufacturing facility situated near I-5 and the Canadian Border. Originally built for EV bus production, the facility has never been occupied and is now in receivership as part of a company divesture. The open-floor space spans 62,370 square feet and is equipped with 4700 AMPS of 480V power. It features a fire suppression system, overhead cranes, a 1,100 square foot paint booth, vehicle lifts, a high-capacity pneumatic system, and a water leak test bay. In addition to the manufacturing space, the property includes office spaces and an adjacent shop. The site also includes 0.87 acres of undeveloped land. Offers are subject to court approvals.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.5910056
    Latitude
    48.8464991

    Nearby Similar for Sale

    • Contact for pricing

      Mobile Home Community with Expansion Potential

      Established mobile home community near US/BC border with mixed-use zoning.
      1870 Trigg Rd, Ferndale, WA 98248
      View Details
    • Contact for pricing
      5,656 SF

      Visible Building in Central Whatcom

      Stand-alone building in shell condition, ready for its next phase.
      1990 Main St, Ferndale, WA 98248
      View Details
    • Contact for pricing

      Visible Mixed-Use Building in Ferndale

      Stand-alone building in shell condition with retail and warehouse space.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $328,000

      Well-Located Flex Space Condominium

      2,200 SF flex space with I-5 access.
      1972-1986 Baltic Way, Ferndale, WA
      View Details
    • Contact for pricing
      11,040 SF

      Ferndale Retail Property for Sale

      Retail property with 11,040 square feet of space.
      1720 Labounty Dr, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
      1986 Baltic Way, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
      1972 Baltic Way, Ferndale, WA 98248
      View Details
    • $335,000

      concrete floors

      utility sink
      1986 Baltic Way, Ferndale, WA 98248
      View Details
    • $699,000

      Ferndale Commercial Building - Main Street

      High-visibility Ferndale commercial space. Ideal for retail & warehouse.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $12,500,000

      I-5 Ferndale Storage Facility Investment

      Prime Location, High-Demand Storage
      2195 Buchanan Loop, Ferndale, WA 98248
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Unoccupied manufacturing facility with advanced features near the Canadian Border.
    Where is this manufacturing property located?
    The property is located at 5457-5463 Pacific Fern Dr Ferndale, WA.
    What are key features of this property?
    This property features: - State-of-the-art manufacturing facility with 62,370SF of open-floor space.; - Located near I-5 and the Canadian Border in Ferndale, WA.; - Equipped with key manufacturing infrastructure: fire suppression system, overhead cranes, 1,100SF paint booth, vehicle lifts, high capacity pneumatic system, and water leak test bay.
    (425) 466-6705
    Call for status update
    Request Owner's contact information
    5457-5463 Pacific Fern Dr Ferndale, WA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5457-5463 Pacific Fern Dr
    Ferndale, WA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5457-5463 Pacific Fern Dr Ferndale, WA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Robert Sandoz
    (425) 466-6705
    Learn more
    Google sign-in failed. Please try again or use another login method.