Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5110 Labounty Dr Ferndale, WA 98248-9094
    Back to Search
    Property profile & analytics

    5110 Labounty Dr, Ferndale, WA 98248-9094

    View on Map

    • Commercial real estate
    • 28,880 SF
    • 3.55 lot acres
    Off-Market
    Property ID
    US90-3245764
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $8,300,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 5110 Labounty Dr

    Year built
    2017
    Lot size
    3.55 lot acres
    Zone code
    RO
    Property type
    Commercial real estate
    APN
    390233 310281 0000
    APU
    3902333102810000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 20, 2016 — Willy Flats LLC — Deed Of Trust · related $8M · Spokane Teachers Cu
    May 25, 2016 — Willy Flats LLC Irc Section 721 Quit Claim Deed · related —
    Jun 30, 2011 $220,000 Labounty Sky LLC Gac,patrick M & Kathereen S Warranty Deed —
    May 19, 2005 $168,000 Patrick M Gac Leonard Ingraham Warranty Deed $168k · Americas Wholesale Lender
    — — Labounty Sky LLC — Deed Of Trust · related $200k · Om & Shiv Sharma
    — — Patrick M Gac — Deed Of Trust · related $15k · Horizon Bank
    — — Willy Flats LLC — Deed Of Trust · related $9M · Spokane Teachers Cu
    — — Labounty Sky LLC — Deed Of Trust · related $75k · Cal & Bernetta Leenstra
    — — Patrick M Gac — Deed Of Trust · related $10k · Horizon Bank
    — — Patrick M Gac — Deed Of Trust · related $26k · Horizon Bank
    — — Leonard Ingraham — Deed Of Trust · related $93k · Washington Mutual Fsb

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,110,000
      6.5%
      $5,640,000
      7%
      $5,235,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,223,000
      Market price range: $5.73M - $11.2M
      AI Estimate
      $8,035,000
      Market price range: $6.14M - $8.04M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $7,605,000
      Current use
      RESTAURANT
      $9,815,000
      Change: +29% Conversion: Difficult
      MEDICAL BUILDING
      $8,955,000
      Change: +18% Conversion: Easy
      OFFICE BUILDING
      $8,400,000
      Change: +10% Conversion: Easy
      RETAIL STORES
      $7,265,000
      Change: -4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.561
    Latitude
    48.8267
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $102,990
    $1,440,922
    $9,132,709
    $10,573,631
    -
    $1,440,922
    $9,132,709
    $10,573,631
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message