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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Labounty Dr Ferndale, WA 98248

45,302 SF
Property ID
Property summary
AI-generated overview

This exceptional 45,302 square foot commercial lot, located at La Bounty Dr in Ferndale, WA 98248, presents a compelling development opportunity. Situated on a corner lot with high visibility and traffic counts, this property benefits from its proximity to Main Street and convenient access to I-5. The site is shadow-anchored by a Haggen grocery store, ensuring strong consumer traffic and a vibrant commercial environment. Zoning regulations permit a diverse range of commercial uses, including the possibility of multi-family development, offering significant flexibility for potential investors. This lot is part of a larger parcel, with the option to purchase all three lots together or acquire Lot A individually. The asking price for this prime development land is $996,644. This location within Ferndale's bustling business center makes it an ideal investment for those seeking high-impact commercial development in a thriving community. The property is in Whatcom County and offers excellent drive-by exposure. Don't miss this chance to secure a piece of Ferndale's commercial heart.

Property profile
Verified
Property type Retail properties & Spaces
Total area 45,302 SF
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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