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    Property profile & analytics

    1986 Baltic Way Ferndale, WA 98248

    • Specialty properties
    • 1,500 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1986 Baltic Way

    Year built
    2024
    Property size
    1,500 SF
    Property type
    Specialty properties
    Property subtype
    Parking lots & garages

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.587
    Latitude
    48.8746

    Comparable in this City

    • Value Estimation
      $470,000
      2,052 SF

      2504 Grandview Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,052 SF
      2504 Grandview Rd, Ferndale, WA 98248
      View Details
    • Value Estimation
      $425,000
      4,698 SF

      2039 Main St

      FUNERAL HOME • 4,698 SF
      2039 Main St, Ferndale, WA 98248-9468
      View Details
    • Value Estimation
      $465,000
      3,844 SF

      1874 Main St

      VETERINARY, ANIMAL HOSPITAL • 3,844 SF
      1874 Main St, Ferndale, WA 98248-9454
      View Details
    • Value Estimation by Request
      7,610 SF

      5700 Nwnw Dr

      FUNERAL HOME • 7,610 SF
      5700 Nwnw Dr, Ferndale, WA 98248-9429
      View Details
    • Value Estimation
      $275,000
      1,680 SF

      2064 Vis Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,680 SF
      2064 Vis Dr, Ferndale, WA 98248
      View Details
    • Value Estimation
      $275,000
      4,000 SF

      5537 2nd Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 4,000 SF
      5537 2nd Ave, Ferndale, WA 98248
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Versatile Ferndale Property For Rent

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      9,785 SF retail space with natural light in Ferndale.
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    1986 Baltic Way
    Ferndale, WA 98248
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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
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