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Cordata Industrial Land For Sale
For Sale
$3,200,000

465 Sequoia Dr, Bellingham, WA 98226

3.94 acres of planned industrial property in Cordata Neighborhood.

Property SizeContact for details
Days on Market548

Property Features for 465 Sequoia Dr

General Information

Standard status Active
Property subtype Land/Lot
Listing Agency: Pacific Continental Realty LLC
Listed By: Kenneth C Coonc
Source: Homesinseattlearea
Added: Mar 12, 2025 Changed: Sep 9 Last Checked: Sep 9 at 11:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Continental Realty LLC

Investment Insights

Based on property information with market context.

This 3.94-acre planned industrial property is situated in the Cordata Neighborhood, offering convenient access to Meridian Street and I-5. It is suitable for cross-border manufacturing, warehousing, or storage facilities. The site benefits from the availability of heavy power, natural gas, water, and sewer connections at the property line. A strong workforce base is accessible, with a transit bus stop located adjacent to the property. Preliminary test fits have been conducted for an 86,000 sq ft building and a 68,000 sq ft configuration across three buildings. Wetlands reconnaissance, a hydrology wet season study, and geotechnical work have been completed. The purchase price includes up to $400,000 to be paid by the seller for offsite wetlands mitigation. The property consists of two tax parcels: 3802013111220000 & 3802012621200000.

Key Highlights

  • Ready for development: Wetlands reconnaissance, hydrology study, and geotechnical work completed.
  • Includes up to $400k for offsite wetlands mitigation paid by seller.
  • Ideal location: Easy access to Meridian Street and I‑5 in the Cordata Neighborhood.

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

539
Businesses Nearby

Demographics for 98226, WA

47,011
Population
20,609
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
105.8 sq mi
ZIP Area
444
Density / Sq Mi
$79,684
Median Household Income
$45,337
Median Earnings
$1,557
Median Rent
$568,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 3.94 acres of planned industrial property in Cordata Neighborhood.
Where is this industrial land located?
The property is located at 465 Sequoia Dr Bellingham, WA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Ready for development: Wetlands reconnaissance, hydrology study, and geotechnical work completed.; Includes up to $400k for offsite wetlands mitigation paid by seller.; Ideal location: Easy access to Meridian Street and I‑5 in the Cordata Neighborhood.
More about this property
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