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    4450 Cordata Pkwy Bellingham, WA 98226

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    For Sale
    $7,450,000

    Multifamily development site with completed stormwater improvements.

    Lot size:
    4.47 Acres

    Property Features for 4450 Cordata Pkwy

    General Information

    Lot size
    4.47 Acres

    Source: Windermere - Whatcom Co. Agent Jeff Johnson

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

    Overview

    Cordata Parkway Multifamily Development Site

    This property is a multifamily site with completed stormwater improvements. Access to the site is available, and all utilities are stubbed to the end of the access driveway. Wetland mitigation has been completed, and there are no wetlands on the property. The site is adjacent to a City of Bellingham public park in the established Cordata Business Park. The property is priced for a proposed 200 units. Contact agent for development details.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.495361
    Latitude
    48.805346

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    FAQs

    What type of property is this?
    Land - Multifamily development site with completed stormwater improvements.
    Where is this land located?
    The property is located at 4450 Cordata Pkwy Bellingham, WA.
    What is the asking price?
    The asking price for this property is $7,450,000.
    What are key features of this property?
    This property features: - Multi-family site ready for development with storm water improvements completed.; - All utilities stubbed to the end of the access driveway.; - No wetlands on the property due to completed mitigation.
    (360) 319-8358
    Request Owner's contact information
    4450 Cordata Pkwy 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
    4450 Cordata Pkwy Bellingham, WA 98226
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