331 Horton Rd, Bellingham, WA 98226
This exceptional 1.7-acre commercial/industrial land parcel presents a remarkable investment opportunity in Bellingham, Washington's thriving Cordata area. Located at 331 W Horton Rd, 98226 (APN 3802014170920000), this nearly pad-ready site boasts unparalleled accessibility, 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. The property is part of the Horton Health Campus Association (HHCA), benefiting from completed infrastructure improvements. Significant groundwork has already been laid, including the completion of a regional stormwater detention pond, a comprehensive wetland mitigation plan, and all civil work necessary for a private road providing city water, sewer, and fire access. This turnkey site is ideal for immediate development, eliminating lengthy pre-construction delays and maximizing return on investment. The asking price is $1,110,780. Don't miss this chance to capitalize on the rapid growth of Bellingham's Cordata area.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.