Remodeled Light Industrial
For Sale
Contact for pricing
710 Sunset Pond Lane Unit B5, Bellingham, WA 98226
Centrally located 1080 SF light industrial space for sale.
Property Size1,080 SF
Price / SF$249.07
Days on Market157
Property Features for 710 Sunset Pond Lane Unit B5
General Information
Standard status
Active
Size
1,080 SF
Property subtype
Industrial
Listing Agency:
Saratoga Commercial
Listed By:
Elliott Kophs · License #24031443
(360) 676-4866
Source:
Crexi
Added: May 15
Changed: Oct 12
Last Checked: Oct 16 at 8:53AM
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 Saratoga Commercial
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Investment Insights
Based on property information with market context.
This property offers 1080 square feet of light industrial space. The unit has been newly remodeled and is centrally located. It features a grade-level roll-up door, a mezzanine space, and a full bathroom.
Key Highlights
- Centrally located for easy access.
- Newly remodeled, ready for immediate occupancy.
- 1080 SF of light industrial space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,176
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,520
$163.5K
Cap Rate 7%
$116,800
$116.8K
Cap Rate 9%
$90,844
$90.8K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$12.8K $11.88/SF
− Vacancy
−$251 −$0.23/SF
EGI
$12.6K $11.65/SF
− OpEx
−$4.4K −$4.08/SF
NOI
$8.2K $7.57/SF
Area
Whatcom County, WA
Vacancy
1.96%
Lease Rate
$11.88 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,520
Cap Rate 7%
$116,800
Cap Rate 9%
$90,844
Alternative Uses
Best Use
Flex RnD
$116.8K
$102.2K – $136.3K
NOI $8,176 @ 7.0% cap · market cap 3.04%
Second Best
Industrial
$95.3K
$83.4K – $111.2K
NOI $6,671 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$254.8K
$222.9K – $297.3K
NOI $17,835 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,408
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- All City Catering — 3620 Iron Gate Rd, Bellingham, WA 98226
Frequently Asked Questions
What type of property is this?
Flex space - Centrally located 1080 SF light industrial space for sale.
Where is this flex space located?
The property is located at 710 Sunset Pond Lane Unit B5 Bellingham, WA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Centrally located for easy access.; Newly remodeled, ready for immediate occupancy.; 1080 SF of light industrial space.
