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Property profile & analytics
OFF-MARKET
Commercial real estate

331 Horton Rd Bellingham, WA 98226

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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