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    4051 Hammer Dr Bellingham, WA 98226

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    For Lease
    $1.00 SF/Yr ($538 /Mo)

    I-502 approved light industrial warehouse in Irongate Business Park.

    Property size:
    6,458 SF
    Lot size:
    0.61 Acres

    Property Features for 4051 Hammer Dr

    General Information

    Size
    6,458 SF
    Lot size
    0.61 Acres

    Source: Pacific Continental Realty, LLC Agent Pete Wasley

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

    Overview

    Irongate Business Park Warehouse

    Located in Irongate Business Park, this 6458 square foot warehouse is zoned for light industrial use and has I-502 approval. The property is configured as a cannabis facility, featuring four flower rooms, a vegetation room, and areas designated for processing and drying. It also includes a walk-in freezer and an LED grow lighting system. A camera system is in place. The facility contains two licenses and a fully operational state-of-the-art extraction lab, available for separate negotiation above the base rent if utilized. The owner will consider a sale as well as leasing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cannabis farms

    Suggested Use

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

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

    Similar Places Nearby

    Bellingham RV Storage, Storage Solutions, Baker Creek Storage, Sunset Storage, Storehouse Mini Storage Complex

    Location Insight

    • Map
    • Local Demand
    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.454684
    Latitude
    48.786942

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    FAQs

    What type of property is this?
    Warehouse - I-502 approved light industrial warehouse in Irongate Business Park.
    Where is this warehouse located?
    The property is located at 4051 Hammer Dr Bellingham, WA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - I-502 approved light industrial zoned warehouse.; - 6458 Square Foot Cannabis facility with well-laid-out design.; - Features four flower rooms, veg room, processing and drying areas, and walk-in freezer.
    (360) 739-7898
    Request Owner's contact information
    4051 Hammer Dr 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
    4051 Hammer Dr Bellingham, WA 98226
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