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    Property profile & analytics

    2016 Main St Ferndale, WA 98248

    • Retail space
    • 1,450 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US90-0667402
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Miles Woodworking / Woodworker / Furniture Maker
    • Carol's Cakes Designs / Bakery
    • Nationwide Insurance: Safewest Insurance LLC / Insurance Agency / Auto Insurance Agency
    • JEKK Sportscards / Trading Card Store

    Property Details for 2016 Main St

    Year built
    1915
    Lot size
    0.03 lot acres
    Property size
    1,450 SF
    Zone code
    CTC
    Property type
    Retail space
    APN
    390229 127504 0000
    APU
    3902291275040000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $355,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $340,000
      Mixed-Use
      $315,000
      Hospitality
      $325,000
      Educational
      $335,000
      Residential Income
      $325,000
      Energy
      $305,000
      Income-Based Land
      $345,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.591
    Latitude
    48.8467
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $1,264
    $76,132
    $112,335
    $188,467
    -
    $76,132
    $112,335
    $188,467

    Comparable in this City

    • Value Estimation
      $520,000
      5,400 SF

      2257 Northgate Spur

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      2257 Northgate Spur, Ferndale, WA 98248-8313
      View Details
    • Value Estimation
      $275,000
      1,249 SF

      5707 3rd Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,249 SF
      5707 3rd Ave, Ferndale, WA 98248
      View Details
    • Value Estimation by Request
      7,200 SF

      6195 Portal Way, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      6195 Portal Way, Ferndale, WA 98248-9363
      View Details
    • Value Estimation
      $910,000
      3,600 SF

      5682 3rd Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      5682 3rd Ave, Ferndale, WA 98248
      View Details
    • Value Estimation
      $320,000
      2,278 SF

      6167 Portal Way

      RETAIL STORES (PERSONAL SERVICES) • 2,278 SF
      6167 Portal Way, Ferndale, WA 98248-9363
      View Details
    • Value Estimation
      $280,000
      1,248 SF

      2074 Vis Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,248 SF
      2074 Vis Dr, Ferndale, WA 98248
      View Details

    Similar Nearby for Sale

    • $699,000
      5,656 SF

      Visible Building in Central Whatcom

      Stand-alone building in shell condition, ready for its next phase.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $3,600,000
      11,040 SF

      Ferndale Retail Property for Sale

      Retail property with 11,040 square feet of space.
      1720 Labounty Dr, Ferndale, WA 98248
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    • $996,644
      45,302 SF

      Ferndale Commercial Land - Lot A

      Prime Ferndale development opportunity, grocery-anchored.
      0 Labounty Dr, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
      1972 Baltic Way, Ferndale, WA 98248
      View Details
    • $699,000

      Ferndale Commercial Building - Main Street

      High-visibility Ferndale commercial space. Ideal for retail & warehouse.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $1,500,000
      16.88 Acres

      Ferndale Industrial Land - $1.5M

      16.88-acre industrial land, prime location.
      5391 Labounty Dr, Ferndale, WA 98248
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      9,785 SF

      Ferndale Retail Space Available

      9,785 SF retail space with natural light in Ferndale.
      1904 Main St, Ferndale, WA 98248
      View Details
    • $20 SF/Yr
      7,158 SF

      New Retail & Office Space

      New construction retail and office space in a growing area.
      6252 Portal Way, Ferndale, WA 98248
      View Details
    • $20 SF/Yr
      1,560 SF

      Retail and Office Complex

      Commercial retail and office space for lease in Ferndale.
      1887 Main St, Ferndale, WA 98248
      View Details
    • $23 SF/Yr
      1,000 SF

      Retail Space in Grocery Outlet

      Former salon in a busy shopping center, Ferndale, WA.
      1730-1750 Labounty Dr, Ferndale, WA 98248
      View Details
    • $16 SF/Yr
      5,850 SF

      High-Visibility Retail Space Available

      Retail spaces available along I-5 with ample parking.
      5100 Pacific Hwy, Ferndale, WA 98248
      View Details
    • $24 SF/Yr
      28,000 SF

      Ferndale Crossings Medical Office Space

      Prime Ferndale Retail/Office Opportunity
      5905 Portal Way, Ferndale, WA 98248
      View Details
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    2016 Main St
    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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