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    Cordata Pkwy Bellingham, WA 98226

    For Sale
    $520,000

    1.8-Acre Development Opportunity in Cordata

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 1.8-acre parcel presents a prime development opportunity in Bellingham, Washington's thriving Cordata neighborhood. Located on Cordata Pkwy, this Light Industrially zoned land offers significant potential for a variety of commercial uses. Its strategic location provides easy access to Interstate 5 and Guide Meridian, ensuring excellent connectivity and visibility. The property sits adjacent to Whatcom Community College, between Stuart and Kellogg Roads, benefiting from a high volume of daily traffic and proximity to a large student population. Nearby established businesses include PeaceHealth, SeaMar, and Merrill Gardens, indicating a strong and diverse commercial presence in the immediate area. The Cordata neighborhood itself is a well-planned community, bordered by Meridian Street to the east and West Bakerview Road to the south, offering a desirable location for businesses seeking a blend of accessibility and established infrastructure. This property is listed at $520,000 and represents a compelling investment opportunity for developers seeking to capitalize on the growth and potential of Bellingham's commercial sector. The Light Industrial zoning allows for a wide range of development possibilities, making this a versatile and attractive option for various commercial ventures. The property's location within the planned Cordata neighborhood ensures a stable and desirable setting for any new development.

    Property Features for 0 Cordata Pkwy

    General Information

    Property type
    Land

    HighLights

    • $520,000 asking price.
    • 1.8‑acre commercial land parcel.
    • Light Industrial zoning.
    • Located in Bellingham, WA, Cordata neighborhood, near Whatcom Community College.
    • Excellent access to I‑5 and Guide Meridian.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bellingham
    County
    Whatcom
    State
    Washington
    Longitude
    -122.4930990683
    Latitude
    48.797108663791

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    FAQs

    What type of property is this?
    Land - 1.8-Acre Development Opportunity in Cordata
    Where is this land located?
    The property is located at Cordata Pkwy Bellingham, WA.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: $520,000 asking price.; 1.8-acre commercial land parcel.; Light Industrial zoning.
    (360) 647-1313
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    Cordata Pkwy Bellingham, WA 98226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cordata Pkwy Bellingham, WA 98226
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