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Planned Industrial Land
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1365 Mahogany Avenue, Bellingham, WA 98226

Cleared and compacted industrial site with crushed-rock surfacing and Planned Industrial zoning.

Property Size161,608 SF
Price / SF$21.04
Days on Market78

Property Features for 1365 Mahogany Avenue

General Information

Standard status Active
Size 161,608 SF
Property subtype Land
Listing Agency: Pacific Continental Realty LLC
Listed By: KC Coonc · License #WA 17357
Source: Crexi
Added: Aug 7 Changed: Oct 10 Last Checked: Oct 20 at 7:20PM

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

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Investment Insights

Based on property information with market context.

This 3.71-acre industrial land site is cleared, graded, compacted, and surfaced with crushed rock. The property carries Planned Industrial zoning and has completed entitlements supporting construction. A binding site plan allows the lot area to be adjusted for the buyer’s intended use.

Located at 1365 Mahogany Avenue in Bellingham, the site is next to Costco. It is connected to the City of Bellingham Regional Stormwater Facility, while heavy power, natural gas, city water, and sewer are located in the street fronting the property.

The existing site preparation, utility access, stormwater connection, and completed entitlement work provide a defined starting point for future industrial development.

Key Highlights

  • 3.71‑acre Planned Industrial site next to Costco in Bellingham
  • Cleared, graded, compacted, and covered with crushed rock
  • Connected to the City of Bellingham Regional Stormwater Facility

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Kitchen & Bath Showroom HVAC Service Plumbing Service Auto Parts Store

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

460
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

Frequently Asked Questions

What type of property is this?
Industrial land - Cleared and compacted industrial site with crushed-rock surfacing and Planned Industrial zoning.
Where is this industrial land located?
The property is located at 1365 Mahogany Avenue Bellingham, WA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 3.71‑acre Planned Industrial site next to Costco in Bellingham; Cleared, graded, compacted, and covered with crushed rock; Connected to the City of Bellingham Regional Stormwater Facility
(360) 305-9977 Call to check price and availability
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