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Graded Industrial Land
For Sale
$3,400,000

2-1365 Mahogany, Bellingham, WA 98226

Planned Industrial-zoned land with completed site preparation and access to regional stormwater infrastructure.

Property SizeContact for details
Days on Market13

Property Features for 2-1365 Mahogany

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $15,142
Listing Agency: Pacific Continental Realty LLC
Listed By: Kenneth C Coonc
Source: Exprealty
Added: Aug 5 Changed: Aug 16 Last Checked: Aug 16 at 7:37AM

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 3.71-acre industrial land parcel is designated Planned Industrial and has been cleared, graded, compacted, and surfaced with crushed rock. A binding site plan provides flexibility to adjust the final lot size for the buyer’s intended use. Completed entitlements support an expedited path toward construction and property use.

The site is adjacent to Costco in Bellingham, with the property address at 2-1365 Mahogany. 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. Separate 2-acre and 5.71-acre parcels are also listed.

Key Highlights

  • 3.71‑acre parcel with Planned Industrial zoning
  • Cleared, graded, compacted, and covered with crushed rock
  • Binding site plan allows adjustment of the lot size

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Kitchen & Bath Showroom HVAC Service Plumbing Service (Bike/Boat/Book/etc) 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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Planned Industrial-zoned land with completed site preparation and access to regional stormwater infrastructure.
Where is this industrial land located?
The property is located at 2-1365 Mahogany 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 parcel with Planned Industrial zoning; Cleared, graded, compacted, and covered with crushed rock; Binding site plan allows adjustment of the lot size
More about this property
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