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    1972 Baltic Way Ferndale, WA 98248

    • Industrial properties
    • 2,228 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 1972 Baltic Way

    Property size
    2,228 SF
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 2,228-square-foot flex space industrial condo in Ferndale, WA, presents a unique opportunity. Located at 1972 Baltic Way, this single-tenant property sits on a 711.9-square-foot lot and offers premium features. The unit boasts 100-amp service and a 50-amp RV plug, making it perfect for various uses, from RV and boat storage to workshop space. Ideal for car enthusiasts, mechanics, or hobbyists seeking versatile storage solutions. Commercial tenants must adhere to Ferndale city regulations and zoning laws

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.587
    Latitude
    48.8746

    Comparable in this City

    • Value Estimation by Request
      2,228 SF

      6407 Portal Way

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      1929 Baltic Way

      Distribution properties
      1929 Baltic Way, Ferndale, WA 98248
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    • Value Estimation by Request
      36,800 SF

      5531 Hovander Rd

      LUMBERYARD, BUILDING MATERIALS • 36,800 SF
      5531 Hovander Rd, Ferndale, WA 98248
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    • Value Estimation by Request

      Mtn Vw Rd

      REFINERY, PETROLEUM PRODUCTS
      Mtn Vw Rd, Ferndale, WA 98248
      View Details
    • Value Estimation
      $1,485,000
      24,000 SF

      6925 Salashan Pkwy

      INDUSTRIAL (GENERAL) • 24,000 SF
      6925 Salashan Pkwy, Ferndale, WA 98248-8314
      View Details
    • Value Estimation by Request
      11.08 Acres

      Slater Rd

      REFINERY, PETROLEUM PRODUCTS • 11.08 Acres
      Slater Rd, Ferndale, WA 98248
      View Details

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    1972 Baltic Way
    Ferndale, WA 98248
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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