Back to Search
Property profile & analytics
FOR LEASE
Commercial real estate
5100 Pacific Hwy Ferndale, WA 98248
Entity Owned
21-yr Hold
Free & Clear
Property ID
US90-0451736
No photos on file
For Lease
Contact for pricing
5100 Pacific Hwy, Ferndale, WA 98248
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2009
Total area
16,100 SF
Lot
3.47 ac (150,979 SF)
Zoning code
GB
APN
390233 441288 0000
UPID
US90-0451736
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
-
Indian Motorcycle of Bellingham Motorcycle Shop
-
Barron Heating AC Electrical & Plumbing Electrical Service General Contractor
-
Pacific Northwest Motorcycles Motorcycle Shop
-
Barron Heating & Air Conditioning HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.15M
Comparable Approach
Comparable
$6.26M
Blend (final)
Blend
$4.63M
Owner & transaction history
Barron Holdings LLC · 21 yrs held
Barron Holdings LLC
since 2005
6 recorded transactions
Zoning & alternative use
GB · Ferndale, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The zone is intended as a primary center for business activities, and uses exclusively focused on storage are discouraged, for commercial establishments which require a retail contact with the public together with professional offices, incidental shop work, limited storage and warehousing, or light manufacturing and extensive outdoor storage and display, as…
Zone name
General Business
General category
INDUSTRIAL
Zone area
508.66 ac
Source
Realmo
Top alternative use upside
Restaurant
$5.5M
+29.1%
Medical building
$5.0M
+17.8%
Office building
$4.7M
+10.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ferndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ferndale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,405,000
6.5%
$3,145,000
7%
$2,920,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,240,000
Current use
RESTAURANT
$5,475,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$4,995,000
Change: +18% · Conversion: Easy
OFFICE BUILDING
$4,680,000
Change: +10% · Conversion: Easy
RETAIL STORES
$4,050,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$4.63M
Range $4.16M – $5.09M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$287 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$23,880
Tax year 2021
Assessed value
$3,560,360
Assessed 2022
Previous assessed
$3,560,360
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$858,597
Assessed improvement
$2,701,763
Land market value
$858,597
Improvement market value
$2,701,763
Total market value
$3,560,360
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2009
Heating
NONE
Cooling
YES
Buildings
2
Total area
16,100 SF
Lot
3.47 ac (150,979 SF)
Zoning code
GB
APN
390233 441288 0000
UPID
US90-0451736
Jurisdiction
WHATCOM
Zoning & alternative use
GB · Ferndale, WAZoning GB · permitted uses
GB · Ferndale, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The zone is intended as a primary center for business activities, and uses exclusively focused on storage are discouraged, for commercial establishments which require a retail contact with the public together with professional offices, incidental shop work, limited storage and warehousing, or light manufacturing and extensive outdoor storage and display, as well as retail uses with similar requirements
Zone name
General Business
General category
INDUSTRIAL
Zone area
508.66 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.2M
RESTAURANT
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$5.0M
OFFICE BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$4.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Cooling
Yes
Buildings
2
Lot
3.47 ac
Current owner
From public records · entity-resolved
Barron Holdings LLC
Entity
Free & Clear · 21 yrs held
Mailing address
5100 PACIFIC HWY, FERNDALE, WA 98248-9080
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2016
—
Barron Holdings LLC
—
Deed
related
—
Jun 27, 2008
—
Barron Holdings LLC
—
Trustees Deed
related
$3,900,000 · Peoples Bk & Tr Co/clinton
Jan 14, 2005
$460,000
Barron Holdings LLC
Blossom Management Corp
Warranty Deed
—
Aug 14, 2001
$552,308
Blossom Development Corp
Trillium Corp
Grant Deed
—
—
—
Barron Holdings LLC
—
Loan Modification
related
—
—
—
Barron Holdings LLC
—
Deed Of Trust
related
$400,000 · Linda Krause
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
