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    Property profile & analytics
    FOR LEASE
    Commercial land

    4839 Rural Ave, Bellingham, WA 98226

    Individually Owned 2-yr Hold
    Property ID
    US90-0126111
    Property summary
    AI-generated overview

    The largest multi-purpose development undertaking in northwest Washington this century! Salish Village is a planned 160-acre center primed for retail and entertainment, and the time to expand or relocate to this site is now! Immediately adjacent to I-5 and just 16 miles from the Canadian Border, there is no better exposure than I-5 with 60,000 vehicles passing daily! Salish Village connects the Canadian and US markets and will continue to strengthen that relationship with new projects large and small. Bellingham International Airport, less than five miles away, services Seattle and other west coast cities, and 65% of its users are Canadian. The Lummi Commercial Company is committed to the success of businesses looking to join the community and take advantage of one-stop-shop permitting, Indian Employment Tax Credit, and high-visibility digital billboards. Now is the chance to join other nationally recognized tenants like Wendy’s (now open!) in Phase 2. Establish yourself now so you are ready for the growth Phases 3 & 4 will offer! Salishvillage.com

    Property profile
    Verified
    Property type Commercial land
    UPID US90-0126111
    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
    • 76 Gas Station
    • Salish Village Shopping Center & Mall
    • EV Connect Charging Station Electric Vehicle Charging Station
    • Back East BBQ Take-out & Catering Catering Service
    • Lummi Bay Market Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    United Stats Of America For Lummi N · 2 yrs held
    United Stats Of America For Lummi N
    since 2023
    2 recorded transactions
    2023
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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