Property profile

1365 Mahogany Ave Bellingham, WA 98226

FOR SALE
Industrial land
Property ID
US90-Q009697
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Property summary

AI-generated overview

5.71 acre lot with Planned Industrial zoning next to Costco in Bellingham ready for your building plans. The binding site plan allows the seller to adjust the lot size to obtain the perfect lot size for the buyer’s use. This property has been cleared, graded, compacted, and covered with crushed rock. Another huge plus for the property is that it has been connected to the City of Bellingham Regional Stormwater Facility which allows for maximum use of the property. Heavy power, natural gas, city water and sewer are in the street fronting the property. The completed entitlements to build on this property hundreds of thousands of dollars and took many years of effort allowing for the buyer to expedite their construction and use of the property. Separately listed 2 acre parcel and 3.71 acre parcel.

Property profile

Verified
Property type Industrial land
UPID US90-Q009697

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1365 Mahogany Ave Bellingham, WA 98226
Bellingham metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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