Warehouse Storage Condo With
E126-2762 Peace Portal Dr, Blaine, WA 98230
For Sale
$239,000
Flexible commercial unit with an enclosed upper-level mezzanine and main-floor bathroom.
Property Size1,204 SF
Price / SF$198.50
Days on Market55
Property Features for E126-2762 Peace Portal Dr
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
Muljat Group
Listed By:
Rod L. Blankers
(360) 354-4242
Source:
Exprealty
Added: Sep 14
Changed: Oct 26
Last Checked: Nov 6 at 12:18PM
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 Muljat Group
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Investment Insights
Based on property information with market context.
This 1,204-square-foot warehouse storage condo at E126-2762 Peace Portal Dr combines open functional space with practical interior improvements. The unit includes an enclosed upstairs mezzanine that can support office, work, or additional storage use, along with a bathroom on the main level.
The property is located in Blaine, Washington, and is suited to storage-oriented commercial use, hobby activities, equipment, and recreational vehicles. Its warehouse format and divided upper-level area provide multiple ways to organize the space while maintaining a dedicated commercial base.
The property is located in Blaine, Washington, and is suited to storage-oriented commercial use, hobby activities, equipment, and recreational vehicles. Its warehouse format and divided upper-level area provide multiple ways to organize the space while maintaining a dedicated commercial base.
Key Highlights
- 1,204‑square‑foot warehouse storage condo
- Enclosed upstairs mezzanine for office, workspace, or storage
- Main‑level bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,030
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,600
$180.6K
Cap Rate 7%
$129,000
$129.0K
Cap Rate 9%
$100,333
$100.3K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$10.8K $9.00/SF
− Vacancy
−$212 −$0.18/SF
EGI
$10.6K $8.82/SF
− OpEx
−$1.6K −$1.32/SF
NOI
$9.0K $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%
$180,600
Cap Rate 7%
$129,000
Cap Rate 9%
$100,333
Alternative Uses
Best Use
Warehouse
$129.0K
$112.9K – $150.5K
NOI $9,030 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$284.0K
$248.5K – $331.4K
NOI $19,882 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98230, WA
18,754
Population
9,395
Households
2
Avg Household Size
48
Median Age
32%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
441
Density / Sq Mi
$82,716
Median Household Income
$45,603
Median Earnings
$1,255
Median Rent
$467,900
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Whatcom County, WA
Properties on Market for Warehouses in Whatcom County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Blaine Pantec Mini Storage — 943 Boblett St, Blaine, WA 98230
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible commercial unit with an enclosed upper-level mezzanine and main-floor bathroom.
Where is this warehouse located?
The property is located at E126-2762 Peace Portal Dr Blaine, WA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1,204‑square‑foot warehouse storage condo; Enclosed upstairs mezzanine for office, workspace, or storage; Main‑level bathroom
