Storage Condo with
E127-2762 Peace Portal Dr, Blaine, WA 98230
For Sale
$239,000
Enclosed upper-level space and a main-floor bathroom support storage, hobbies, equipment, or workspace use.
Property Size1,093 SF
Price / SF$218.66
Days on Market55
Property Features for E127-2762 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: Nov 1
Last Checked: Nov 6 at 2:33PM
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
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.
This warehouse-class storage condo contains 1, 093 sq ft of functional interior space. The layout includes an enclosed upstairs mezzanine that can accommodate office functions, work activities, or additional organized storage, along with a bathroom on the main level.
The property is located at E127-2762 Peace Portal Dr in Blaine, Washington. Its configuration supports a range of storage-oriented needs, including equipment, recreational toys, hobby materials, and other personal-use items.
The property is located at E127-2762 Peace Portal Dr in Blaine, Washington. Its configuration supports a range of storage-oriented needs, including equipment, recreational toys, hobby materials, and other personal-use items.
Key Highlights
- 1, 093 sq ft storage condo
- Enclosed upstairs mezzanine adds office, workspace, or storage area
- Main‑level bathroom included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,198
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,960
$164.0K
Cap Rate 7%
$117,114
$117.1K
Cap Rate 9%
$91,089
$91.1K
Market Conditions
NOI Build-Up for 1,093 SF
Gross rent
$9.8K $9.00/SF
− Vacancy
−$193 −$0.18/SF
EGI
$9.6K $8.82/SF
− OpEx
−$1.4K −$1.32/SF
NOI
$8.2K $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%
$163,960
Cap Rate 7%
$117,114
Cap Rate 9%
$91,089
Alternative Uses
Best Use
Warehouse
$117.1K
$102.5K – $136.6K
NOI $8,198 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.8K
$225.6K – $300.8K
NOI $18,049 @ 7.0% cap · market cap 7.55%
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 - Enclosed upper-level space and a main-floor bathroom support storage, hobbies, equipment, or workspace use.
Where is this warehouse located?
The property is located at E127-2762 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, 093 sq ft storage condo; Enclosed upstairs mezzanine adds office, workspace, or storage area; Main‑level bathroom included
