2195 Buchanan Loop Ferndale, WA 98248
- Industrial land
- 5.00 lot acres
Current Use by Public Records
- Industrial land
Property Details for 2195 Buchanan Loop
- Lot size
- 5.00 lot acres
- Zone code
- LII
- Property type
- Industrial land
- APN
- 390206 476140 0000
- APU
- 3902064761400000
Description
This exceptional investment opportunity presents a partially completed, 65,000 square foot smart-access storage facility in Ferndale, Washington. Strategically situated just off Interstate 5, this facility boasts unparalleled accessibility and visibility. Currently 50% complete with groundbreaking already underway, the estimated completion date is Winter 2024. The modern design caters to a diverse clientele, offering secure storage solutions for boats, RVs, vehicles, and personal belongings. The property features a spacious 14,000 square foot covered open parking area, perfect for larger vehicles, and a 600 square foot office space. Its prime corner lot location includes a 360-degree turnaround, specifically designed to accommodate oversized vehicles and ensuring ease of access and maneuverability. All necessary permits are approved, minimizing delays and streamlining the completion process. This state-of-the-art facility incorporates cutting-edge technology to guarantee the safety and security of stored items. The high demand for storage in this area, coupled with the facility's prime location and advanced features, makes this a truly exceptional investment opportunity with significant potential for strong returns. The asking price is $12,500,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ferndale
- County
- Whatcom
- State
- Washington
- Longitude
- -122.597
- Latitude
- 48.8958
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
