Property profile

2240 Grandview Rd Ferndale, WA 98248

FOR SALE
Vacant Commercial
Property ID
US90-1145256
26.6 ac lot
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2240 Grandview Rd, Ferndale, WA 98248 For Sale
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2240 Grandview Rd, Ferndale, WA 98248
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Property summary

AI-generated overview

The property is a 26.6-acre tract bounded by the southbound off-ramp at Interstate 5 Exit 266 and by Grandview Road and Portal Way, positioned approximately 13 minutes south of the Canadian border. The site is clean and level, and it is zoned to allow development to its highest and best use. The property is designed to be divisible; it can be split into as many as four lots through a short plat.

Property profile

Verified
Property type Vacant Commercial
Lot 26.6 ac (1,158,696 SF)
APN 390206 340063 0000
UPID US90-1145256

Cap rate & NOI

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

Location

2240 Grandview Rd Ferndale, WA 98248
Ferndale metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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