Property profile

331 Horton Rd Bellingham, WA 98226

OFF-MARKET
Land
1.7 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.7 ac (74,052 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

331 Horton Rd Bellingham, WA 98226
Bellingham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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