4174 Pacific Hwy Bellingham, WA 98226-7395
- Office buildings
- 2,623 SF
- 1.50 lot acres
Current Use by Public Records
- Credo Construction Inc / Construction Company / Contractor
Property Details for 4174 Pacific Hwy
- Year built
- 1956
- Lot size
- 1.50 lot acres
- Property size
- 2,623 SF
- Zone code
- PI
- Property type
- Office buildings
- APN
- 380211 227105 0000
- APU
- 3802112271050000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $365,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $320,000
- Mixed-Use
- $340,000
- Hospitality
- $300,000
- Educational
- $280,000
- Residential Income
- $335,000
- Energy
- $320,000
- Income-Based Land
- $335,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.521
- Latitude
- 48.7924
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA