5391 Labounty Dr Ferndale, WA 98248
- Land
- 16.88 lot acres
Current Use by Public Records
- Land
Property Details for 5391 Labounty Dr
- Lot size
- 16.88 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 16.88-acre industrial land parcel presents a remarkable investment opportunity in Ferndale, Washington. Located at 5391 La Bounty Dr, 98248, this property boasts a highly visible location with easy access to Interstate 5, ensuring excellent exposure for any development. The land is characterized by flat, level topography, simplifying construction and minimizing site preparation costs. The property is zoned GC and is conveniently adjacent to existing utilities, streamlining infrastructure connections. A Site Plan Review (SPR) is currently underway with the City of Ferndale, with an estimated approval date of October 15, 2024. This project is envisioned as a multi-tenant warehouse development, offering significant potential for future income generation. The APN is 3902280870840000. Detailed plans, studies, and reports are available upon request. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a thriving area, poised for immediate development. Don't miss this chance to secure a prime piece of Washington real estate.
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
- Ferndale
- County
- Whatcom
- State
- Washington
- Longitude
- -122.569
- Latitude
- 48.837
