Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1886 Trigg Rd Ferndale, WA 98248

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $999,950

    High-visibility mixed-use commercial/residential land near US/BC border.

    Lot size:
    1.35 Acres

    Property Features for 1886 Trigg Rd

    General Information

    Standard status
    Active
    Lot size
    1.35 Acres

    We can help!

    Listing Contact
    Ryan Kent Smith
    Source: Exprealty

    Listing Agency: John L. Scott Anacortes Listing Agent: Ryan Kent Smith

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

    Learn more

    Overview

    Prime Corner Parcel Near Border

    This property features an extraordinary location with a series of business opportunities, including a classic home, situated minutes from the US/BC border, north of Bellingham. The high-visibility corner parcel is located at Portal Way & Triggs Rd. This shy 4.5-acre parcel, when combined with the adjacent parcel, offers high-demand MXD (Mixed-Use Commercial/Residential) zoning. The property is somewhat near I-5, without the noise, and features privacy trees nearby. Convenient space can be accessed from Portal Way with trucks, offering unique opportunities for expansion of development. The property is surrounded by an excellent mix of residential properties, along with grocery & farm stores, restaurants & coffee spots. The location offers opportunities to share a business/development plan on the neighboring parcel or develop separate theme, income streams.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.58363
    Latitude
    48.877743

    Nearby Similar for Sale

    • $1,795,000

      Mobile Home Community with Expansion Potential

      Established mobile home community near US/BC border with mixed-use zoning.
      1870 Trigg Rd, Ferndale, WA 98248
      View Details
    • $17,000,000

      Manufacturing Facility Near I-5

      Unoccupied manufacturing facility with advanced features near the Canadian Border.
      5457-5463 Pacific Fern Dr, Ferndale, WA
      View Details
    • $699,000
      5,656 SF

      Visible Building in Central Whatcom

      Stand-alone building in shell condition, ready for its next phase.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $699,000

      Visible Mixed-Use Building in Ferndale

      Stand-alone building in shell condition with retail and warehouse space.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $328,000

      Well-Located Flex Space Condominium

      2,200 SF flex space with I-5 access.
      1972-1986 Baltic Way, Ferndale, WA
      View Details
    • $3,600,000
      11,040 SF

      Ferndale Retail Property for Sale

      Retail property with 11,040 square feet of space.
      1720 Labounty Dr, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
      1986 Baltic Way, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
      1972 Baltic Way, Ferndale, WA 98248
      View Details
    • $335,000

      concrete floors

      utility sink
      1986 Baltic Way, Ferndale, WA 98248
      View Details
    • $699,000

      Ferndale Commercial Building - Main Street

      High-visibility Ferndale commercial space. Ideal for retail & warehouse.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $12,500,000

      I-5 Ferndale Storage Facility Investment

      Prime Location, High-Demand Storage
      2195 Buchanan Loop, Ferndale, WA 98248
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility mixed-use commercial/residential land near US/BC border.
    Where is this commercial land located?
    The property is located at 1886 Trigg Rd Ferndale, WA.
    What is the asking price?
    The asking price for this property is $999,950.
    What are key features of this property?
    This property features: - High-demand MXD zoning offers diverse development possibilities.; - Prime location on a large corner parcel with high visibility at Portal Way & Triggs Rd.; - Minutes from the US/BC border and north of Bellingham, providing convenient access.
    (360) 293-2161
    Request Owner's contact information
    1886 Trigg Rd Ferndale, WA 98248
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1886 Trigg Rd
    Ferndale, WA 98248
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1886 Trigg Rd Ferndale, WA 98248
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Kent Smith
    (360) 293-2161
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.