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    5530 Nordic Way Ferndale, WA

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    For Lease
    $11,000,000

    Industrial building with acreage in a desirable Ferndale location.

    Property size:
    57,964 SF
    Lot size:
    14.84 Acres

    Property Features for 5530 Nordic Way

    General Information

    Size
    57,964 SF
    Lot size
    14.84 Acres

    Source: The Bedford Group, Inc. Agent Erin Sundean

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

    Overview

    Industrial Property in Desirable Location

    Located in Ferndale, this industrial property offers a building with 57,964 square feet of space, situated on approximately 6.09 acres. The property is available for lease at a quoted base rent of $60,000 per month, NNN. NNN expenses are to be confirmed. The property is also available for sale. Intended use is for industrial purposes.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.5910056
    Latitude
    48.8464991

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    FAQs

    What type of property is this?
    Industrial property - Industrial building with acreage in a desirable Ferndale location.
    Where is this industrial property located?
    The property is located at 5530 Nordic Way Ferndale, WA.
    What are key features of this property?
    This property features: - Desirable location in Ferndale; - 6.09+/- acres included; - Property available for sale
    (360) 647-0100
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    5530 Nordic Way Ferndale, WA
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    Ferndale, WA
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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
    5530 Nordic Way Ferndale, WA
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