0 Labounty Dr Ferndale, WA 98248
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.