0 Cordata Pkwy, Bellingham, WA 98226
This exceptional 1.8-acre parcel presents a prime development opportunity in Bellingham, Washington's thriving Cordata neighborhood. Located on Cordata Pkwy, this Light Industrially zoned land offers significant potential for a variety of commercial uses. Its strategic location provides easy access to Interstate 5 and Guide Meridian, ensuring excellent connectivity and visibility. The property sits adjacent to Whatcom Community College, between Stuart and Kellogg Roads, benefiting from a high volume of daily traffic and proximity to a large student population. Nearby established businesses include PeaceHealth, SeaMar, and Merrill Gardens, indicating a strong and diverse commercial presence in the immediate area. The Cordata neighborhood itself is a well-planned community, bordered by Meridian Street to the east and West Bakerview Road to the south, offering a desirable location for businesses seeking a blend of accessibility and established infrastructure. This property is listed at $520,000 and represents a compelling investment opportunity for developers seeking to capitalize on the growth and potential of Bellingham's commercial sector. The Light Industrial zoning allows for a wide range of development possibilities, making this a versatile and attractive option for various commercial ventures. The property's location within the planned Cordata neighborhood ensures a stable and desirable setting for any new development.
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
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.