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    4781 Guide Meridian Bellingham, WA 98226

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    For Sale
    $2,700,000

    Multifamily property with future commercial/industrial zoning and redevelopment potential.

    Lot size:
    9.60 Acres

    Property Features for 4781 Guide Meridian

    General Information

    Lot size
    9.60 Acres

    Source: Windermere - Whatcom Co. Agent Robert Sandoz

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

    Overview

    Multifamily Investment with Redevelopment Potential

    This multifamily property presents a unique investment opportunity with the potential for future commercial or industrial zoning expected in the fall of 2025. The property currently generates a gross income exceeding $169,000. It is well-positioned for redevelopment into storage, mixed-use, or a custom concept, subject to city collaboration. The property features two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub, facilitating future expansion. There are seven versatile and well-maintained structures on the property, including homes, shops, a barn, and a showroom, all reported to be in excellent condition. This property offers a chance to invest now and shape future development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.48883
    Latitude
    48.81466

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with future commercial/industrial zoning and redevelopment potential.
    Where is this multifamily property located?
    The property is located at 4781 Guide Meridian Bellingham, WA.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - High Gross Income: Currently generating over $169,000 annually.; - Future Commercial/Industrial Zoning: Expected in Fall 2025, offering significant redevelopment potential.; - Redevelopment Potential: Suited for storage, mixed-use, or custom concepts with city collaboration.
    (425) 466-6705
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    4781 Guide Meridian Bellingham, WA 98226
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    Bellingham, WA 98226
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    Realmo Value Estimation

    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.

    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.

    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
    4781 Guide Meridian Bellingham, WA 98226
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