Light Industrial Condo
2756 Peace Portal Dr Blaine, WA 98230
2756 Peace Portal Dr, Blaine, WA, 98230
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For Sale
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Newly under-construction light industrial condo features a main level and mezzanine with 3-phase 100-amp service.
Property Size1,172 SF
Price / SF$220.99
Days on Market23
Property Features for 2756 Peace Portal Dr
General Information
- Standard status
- Active
- Size
- 1,172 SF
- Property subtype
- INDUSTRIAL
Listing agency
Pacific Continental Realty, LLC
(360) 739-7898
Listed by
Pete Wasley
(360) 739-7898
Source
Moodyscre
Added: Jun 30 Updated: Jul 22 at 6:19PM Checked: Jul 22 at 6:19PM
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.
Newly under construction light industrial condo unit in Building C, part of a broader light industrial condo project. The unit is configured with main floor space plus a mezzanine, including a main floor restroom. Suites are wired with 3-phase 100-amp service, designed to support small business and contractor-type operations.
The project is positioned in the Peace Portal Way area of Blaine with direct access to the I-5 corridor, including an offramp to the north and an onramp to the south located at the property.
Building C represents the final phase of the project, with scheduled completion in August 2026.
The project is positioned in the Peace Portal Way area of Blaine with direct access to the I-5 corridor, including an offramp to the north and an onramp to the south located at the property.
Building C represents the final phase of the project, with scheduled completion in August 2026.
Key Highlights
- Brand new light industrial condos under construction in Blaine (Building C, last phase).
- 1172 SF unit layout with 909 SF main floor and 263 SF mezzanine, including a main‑floor restroom.
- Each suite is wired with 3‑phase 100‑amp electrical service.
Local Financial Insights For Flex RnD
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 | $13.9k | $11.88 |
| − Vacancy | −$273 | −$0.23 |
| EGI | $13.7k | $11.65 |
| − OpEx | −$4.8k | −$4.08 |
| NOI | $8.9k | $7.57 |
1,172 SF · lease $11.88/SF/yr · vacancy 1.96% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$126.8K
$110.9K – $147.9K
NOI $8,873 @ 7.0% cap · market cap 3.43%
Second Best
Industrial
$103.4K
$90.5K – $120.7K
NOI $7,239 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$276.5K
$241.9K – $322.6K
NOI $19,354 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Newly under-construction light industrial condo features a main level and mezzanine with 3-phase 100-amp service.
Where is this flex space located?
The property is located at 2756 Peace Portal Dr Blaine, WA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Brand new light industrial condos under construction in Blaine (Building C, last phase).; 1172 SF unit layout with 909 SF main floor and 263 SF mezzanine, including a main‑floor restroom.; Each suite is wired with 3‑phase 100‑amp electrical service.
