Lynden Warehouse Property for
For Sale
$3,352,892
Pending
415 Depot Rd, Lynden, WA 98264
32,760 sqft warehouse property available in Lynden, Washington.
Property Size32,760 SF
Days on Market273
Property Features for 415 Depot Rd
General Information
Standard status
Pending
Size
32,760 SF
Property subtype
Commercial
Building Details
Year Built
1936
Listing Agency:
CUSHMAN & WAKEFIELD
Listed By:
JAMES REED, SIOR
Source:
Corcoran
Added: Oct 31, 2025
Changed: Jul 6
Last Checked: Jul 23 at 9:23AM
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 CUSHMAN & WAKEFIELD
Investment Insights
Based on property information with market context.
A 32,760 square foot warehouse property is available for sale. The property is located on Depot Road in Lynden, Washington.
Key Highlights
- 32,760 sqft warehouse property
- Located in Lynden, Washington
- Warehouse property
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 | $294.8k | $9.00 |
| − Vacancy | −$5.8k | −$0.18 |
| EGI | $289.1k | $8.82 |
| − OpEx | −$43.4k | −$1.32 |
| NOI | $245.7k | $7.50 |
32,760 SF · lease $9.00/SF/yr · vacancy 1.96% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.51M
$3.07M – $4.10M
NOI $245,702 @ 7.0% cap · market cap 7.33%
Second Best
Industrial
$2.89M
$2.53M – $3.37M
NOI $202,343 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$7.73M
$6.76M – $9.02M
NOI $540,983 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98264, WA
23,170
Population
8,395
Households
2.8
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
57.2 sq mi
ZIP Area
405
Density / Sq Mi
$95,225
Median Household Income
$47,046
Median Earnings
$1,611
Median Rent
$538,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Lynden Storage — 210 Nooksack Ave STE 101, Lynden, WA 98264
- Americold Logistics Lynden — 406 2nd St, Lynden, WA 98264
Frequently Asked Questions
What type of property is this?
Warehouse - 32,760 sqft warehouse property available in Lynden, Washington.
Where is this warehouse located?
The property is located at 415 Depot Rd Lynden, WA.
What is the asking price?
The asking price for this property is $3,352,892.
What are key features of this property?
This property features: 32,760 sqft warehouse property; Located in Lynden, Washington; Warehouse property
