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Financial
Distress signals
Property profile

1943 Main St Ferndale, WA 98248

OFF-MARKET
Medical Office Space
Property ID
US90-2855015
5,878 SF 0.41 ac lot Built 2017
Last sale Feb 2005 · $375,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a corner office space located on Main Street in Ferndale, with approximately 2,000 square feet of interior area. The suite features an open floor plan and includes one restroom. It provides on-site parking, including spaces directly in front of the suite, and offers building signage as well as monument signage space with visibility facing Main Street. The space is configured for office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$11k
Tax billed · 2021
Assessed value · 2022$1.66M
Assessed land$396k
Assessed improvement$1.27M
Effective rate0.67%

Value estimate

· Oct 2026
$710k
$639k – $781k
CAP approach$890k
Submarket $/SF estimate$824k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$310/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$169 – $455

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MCD
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.3
Electrical Service10.0
Tailor Shop9.1

Location

1943 Main St Ferndale, WA 98248-7730
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5739 3rd, Ferndale, WA 98248-8392 $195,864 Dec 2024 1,092 SF
5712 Sterling, Ferndale, WA 98248 $945,000 Apr 2024 2,560 SF
2030 Alder, Ferndale, WA 98248-7727 $250,000 Feb 2024 550 SF
5580 Nordic, Ferndale, WA 98248-5104 $3,440,000 Apr 2023 10,750 SF
2068 Vis, Ferndale, WA 98248-9173 $285,000 Apr 2019 1,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $590,000
    5,278 SF
    2086 Main St
    DENTAL BUILDING
    2086 Main St, Ferndale, WA 98248-9468
    View Details
  • Value Estimation
    $475,000
    3,724 SF
    6004 Portal Way
    DENTAL BUILDING
    6004 Portal Way, Ferndale, WA 98248-8382
    View Details
  • Value Estimation
    $470,000
    3,379 SF
    2150 Main St
    MEDICAL BUILDING
    2150 Main St, Ferndale, WA 98248-9208
    View Details
  • Value Estimation
    $3,580,000
    10,750 SF
    5580 Nordic Way
    MEDICAL BUILDING
    5580 Nordic Way, Ferndale, WA 98248-5104
    View Details
  • Value Estimation
    $395,000
    2,601 SF
    5706 4th Ave
    MEDICAL BUILDING
    5706 4th Ave, Ferndale, WA 98248-0016
    View Details
  • Value Estimation by Request
    2,560 SF
    5712 Sterling Ave
    MEDICAL CLINIC
    5712 Sterling Ave, Ferndale, WA 98248
    View Details

Similar Nearby for Sale

  • New
    $349,000
    Flexible Retail-Office Space
    Solid concrete construction with a vinyl roof installed about two years ago, offering a flexible layout for retail or office use.
    5683 2nd Avenue, Ferndale, WA 98248
    View Details
  • New
    $8,500,000
    Warehouse and Office Flex Facility
    Warehouse high ceilings and multiple grade-level doors pair with two-story office space featuring reception and private offices.
    1810 Scout, Ferndale, WA 98248
    View Details
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