1365 Mahogany Ave Bellingham, WA 98226
- Land
- 9.40 lot acres
Current Use by Public Records
- Land
Property Details for 1365 Mahogany Ave
- Lot size
- 9.40 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 9.4-acre industrial land parcel in Bellingham, Washington, presents a unique opportunity for immediate development. Located at 1365 Mahogany Ave, 98226, this property boasts 5.71 usable acres of Planned Industrial zoned land, ideally situated next to a Costco. Significant infrastructure improvements have already been completed, saving the buyer considerable time and expense. The site has been cleared, graded, compacted, and covered with crushed rock, and is connected to the City of Bellingham Regional Stormwater Facility, maximizing usable space. Utilities are readily available, with heavy power, natural gas, city water, and sewer located at the street frontage. Importantly, the property has already undergone extensive and costly entitlement processes, exceeding $1.5 million in investment and several years of effort. This eliminates significant hurdles and allows for expedited construction and occupancy. While the seller owns adjacent commercial property facing Pacific Hwy, this listing focuses solely on the 9.4-acre industrial site, offering a streamlined path to building your next project. The asking price for this fully prepared site is $5,900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.517
- Latitude
- 48.7932
