Warehouse with Graveled
For Sale
$1,700,000
6881 5TH, Lynden, WA 98264
A fenced portion of the yard, three-phase power, natural gas, and shared well and septic serve the property.
Property Size9,792 SF
Lot Size3.70 Acres
Price / SF$173.61
Days on Market488
Property Features for 6881 5TH
General Information
Standard status
Active
Size
9,792 SF
Lot size
3.70 Acres
Property subtype
Commercial
Zoning
R5A
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
14 ft
Three-Phase Power
Yes
Building Details
Year Built
1979
Buildings
1
Building Size
9,792 SF
Construction
steel
Listing Agency:
Windermere RE Whatcom,Inc.
Listed By:
Michael C. Kingsley · License #82048
(360) 223-3944
Source:
Skylineproperties
Added: Jun 28, 2025
Changed: Oct 27
Last Checked: Oct 26 at 4:55PM
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 Windermere RE Whatcom,Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The warehouse contains 9,792 SF and was built in 1979. Its 14-foot eave height and large 15' x 12' grade-level roll-up doors provide functional access for warehouse operations. Three-phase power and natural gas serve the building, along with a shared well and septic system.
The property covers 3.7 acres, mostly surfaced with gravel. Approximately 1 acre around the building is fenced. Whatcom County zoning is R5A, Rural Neighborhood with an agricultural overlay; allowable uses are subject to county verification. The seller would consider a leaseback.
The property covers 3.7 acres, mostly surfaced with gravel. Approximately 1 acre around the building is fenced. Whatcom County zoning is R5A, Rural Neighborhood with an agricultural overlay; allowable uses are subject to county verification. The seller would consider a leaseback.
Key Highlights
- 9,792 SF warehouse on 3.7 acres
- Mostly graveled yard, with approximately 1 acre fenced around the building
- 15' x 12' grade‑level roll‑up doors and 14' eave height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,441
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,820
$1.5M
Cap Rate 7%
$1,049,157
$1.0M
Cap Rate 9%
$816,011
$816.0K
Market Conditions
NOI Build-Up for 9,792 SF
Gross rent
$88.1K $9.00/SF
− Vacancy
−$1.7K −$0.18/SF
EGI
$86.4K $8.82/SF
− OpEx
−$13.0K −$1.32/SF
NOI
$73.4K $7.50/SF
Area
Whatcom County, WA
Vacancy
1.96%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,468,820
Cap Rate 7%
$1,049,157
Cap Rate 9%
$816,011
Alternative Uses
Best Use
Warehouse
$1.05M
$918.0K – $1.22M
NOI $73,441 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M
NOI $161,701 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
580
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
Similar Off Market Nearby
- Americold Logistics Lynden — 406 2nd St, Lynden, WA 98264
- Lynden Storage — 210 Nooksack Ave STE 101, Lynden, WA 98264
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced portion of the yard, three-phase power, natural gas, and shared well and septic serve the property.
Where is this warehouse located?
The property is located at 6881 5TH Lynden, WA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 9,792 SF warehouse on 3.7 acres; Mostly graveled yard, with approximately 1 acre fenced around the building; 15' x 12' grade‑level roll‑up doors and 14' eave height
