Industrial Building with Secure
1711 Port Drive Burlington, WA 98233
For Sale
Contact for pricing
Pending
Industrial building offering secure yard space and direct access to the I-5 exit for practical distribution and storage use.
Property Size10,960 SF
Lot Size1.37 Acres
Days on Market52
Property Features for 1711 Port Drive
General Information
- Standard status
- Pending
- Size
- 10,960 SF
- Lot size
- 1.37 Acres
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 2004
Listing Agency:
Learned Commercial, Inc
(360) 855-8875
Listed By:
Jarrod Ball · License #22026577
Source:
Crexi
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 23 at 1:39PM
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 Learned Commercial, Inc
Investment Insights
Based on property information with market context.
This industrial building totals approximately 10,960+/- square feet and sits on about 1.37+/- acres. The property includes a secure yard, providing controlled outdoor storage or staging options alongside the enclosed warehouse area. Zoning is CI-1: Commercial and Industrial, supporting flexible commercial and industrial uses for qualified tenants or owners.
The building is located approximately one block east of Burlington Blvd and offers direct access to an I-5 exit (Exit 229, [George Hopper]). That connectivity can be beneficial for logistics planning, service routing, and daily transportation needs depending on the operating model.
With its combination of enclosed industrial space, a secure yard, and CI-1 zoning, this asset is a practical fit for businesses that need both warehouse operations and controlled outdoor space. For prospective buyers, the property’s size and yard component make it worth reviewing for distribution, warehousing, and other commercial and industrial applications consistent with CI-1 requirements. All information is deemed reliable but not guaranteed; interested parties should verify details during their due diligence.
The building is located approximately one block east of Burlington Blvd and offers direct access to an I-5 exit (Exit 229, [George Hopper]). That connectivity can be beneficial for logistics planning, service routing, and daily transportation needs depending on the operating model.
With its combination of enclosed industrial space, a secure yard, and CI-1 zoning, this asset is a practical fit for businesses that need both warehouse operations and controlled outdoor space. For prospective buyers, the property’s size and yard component make it worth reviewing for distribution, warehousing, and other commercial and industrial applications consistent with CI-1 requirements. All information is deemed reliable but not guaranteed; interested parties should verify details during their due diligence.
Key Highlights
- 10,960 +/- SF industrial building built in 2004
- Set on 1.37 +/- acres with a secure yard
- Direct access to I‑5 exit 229 (George Hopper)
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.2k | $12.24 |
| − Vacancy | −$1.9k | −$0.18 |
| EGI | $132.2k | $12.06 |
| − OpEx | −$19.8k | −$1.81 |
| NOI | $112.4k | $10.25 |
10,960 SF · lease $12.24/SF/yr · vacancy 1.45% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.61M
$1.40M – $1.87M
NOI $112,374 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$1.32M
$1.16M – $1.54M
NOI $92,544 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$4.46M
$3.90M – $5.20M
NOI $312,028 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
R & H Mechanical ...
HVAC Service
Similar Off Market Nearby
- Aztec Self Storage — 650 Pease Rd, Burlington, WA 98233
- Advanced Self Storage in Burlington — 600 Fisher Ln, Burlington, WA 98233
- Bellingham Cold Storage Burlington Dry — 1600 Port Dr, Burlington, WA 98233
FAQs
What type of property is this?
Warehouse - Industrial building offering secure yard space and direct access to the I-5 exit for practical distribution and storage use.
Where is this warehouse located?
The property is located at 1711 Port Drive Burlington, WA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 10,960 +/- SF industrial building built in 2004; Set on 1.37 +/- acres with a secure yard; Direct access to I‑5 exit 229 (George Hopper)
