331 Horton Rd Bellingham, WA 98226
This exceptional 1110780 USD commercial lot presents a remarkable investment opportunity in Bellingham's thriving Cordata neighborhood. Situated at 331 W Horton Road, this nearly pad-ready site offers unparalleled convenience with easy access to Guide Meridian and Interstate 5. Its strategic location places it in close proximity to Cordata Park and a wealth of amenities, ensuring high visibility and accessibility. The property is part of the Horton Health Campus Association (HHCA), benefiting from established infrastructure and community planning. Significant groundwork has already been completed, including the finalization of all civil work for a private road providing city water, sewer, and fire access. Furthermore, the crucial stormwater detention system, including a regional stormwater pond, is fully operational. A comprehensive wetland mitigation plan has also been finalized, streamlining the development process and minimizing environmental impact. This property is ideal for developers seeking a prime location with minimal site preparation required, ready for immediate construction. The site's location within the rapidly expanding Cordata area guarantees strong future growth potential and high return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.