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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Office buildings

    4174 Pacific Hwy, Bellingham, WA 98226-7395

    2,623 SF 1.5 ac lot Built 1956
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US90-3246437
    Property summary
    AI-generated overview

    This exceptional single-tenant executive office building, totaling 2,623 square feet, presents a unique opportunity in Bellingham, WA. Situated on a 1.5-acre lot at 4174 Pacific Highway, this Class C, single-story building boasts excellent visibility from Interstate 5, near major retailers like Costco and Fred Meyer, and Bellingham International Airport. The property features ample parking for 15 or more vehicles, providing convenient access for employees and clients. The interior layout includes nine private offices, a reception area, two bathrooms, a board/conference room, and a kitchen, offering a complete and functional workspace. High-speed internet is readily available. The building's location benefits from easy access via Pacific Highway, which runs parallel to I-5, just north and east of the Bakerview Road exit. This area is experiencing significant growth in both residential and service sectors, making this property an ideal investment for a growing company in the professional services or general contracting fields. Note that the land and building are also available for sale separately. The property's address is 4174 Pacific Hwy, Bellingham, WA 98226.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1956
    Total area 2,623 SF
    Lot 1.5 ac (65,340 SF)
    Zoning code PI
    APN 380211 227105 0000
    UPID US90-3246437
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Credo Construction Inc Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $600k
    Comparable Approach Comparable
    $439k
    Blend (final) Blend
    $540k
    Owner & transaction history
    Credo Properties LLC · 18 yrs held
    Credo Properties LLC
    since 2007
    7 recorded transactions
    2007
    2007
    $300,000
    1969
    1969
    1969
    1969
    1969
    Zoning & alternative use
    PI · Bellingham, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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