Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5457 Pacific Fern Dr Ferndale, WA 98248-8652
    Back to Search
    Property profile & analytics

    5457 Pacific Fern Dr Ferndale, WA 98248-8652

    View on Map
    • Industrial properties
    • 57,173 SF
    • 4.39 lot acres
    Off-Market
    Last Sale Sep 27, 2022
    $890,657
    Property ID
    US90-0568450
    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
    $1,035,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 5457 Pacific Fern Dr

    Year built
    2022
    Lot size
    4.39 lot acres
    Property size
    57,173 SF
    Zone code
    GB
    Property type
    Industrial properties
    APN
    390228 028186 0000
    APU
    3902280281860000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $925,000
      ML approach
      $1,425,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.572
    Latitude
    48.8387
    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
    2024
    $82,495
    $1,338,946
    $10,532,948
    $11,871,894
    -
    $1,338,946
    $10,532,948
    $11,871,894

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      Ferndale, WA 98248

      REFINERY, PETROLEUM PRODUCTS • 5.00 Acres
      Ferndale, WA 98248
      View Details
    • Value Estimation by Request
      487.04 Acres

      3901 Unick Rd

      REFINERY, PETROLEUM PRODUCTS • 487.04 Acres
      3901 Unick Rd, Ferndale, WA 98248-9003
      View Details
    • Value Estimation by Request
      2,228 SF

      1972 Baltic Way

      Flex space • 2,228 SF
      1972 Baltic Way, Ferndale, WA 98248
      View Details
    • Value Estimation by Request
      2,228 SF

      6407 Portal Way

      Flex space • 2,228 SF
      6407 Portal Way, Ferndale, WA 98248
      View Details
    • Value Estimation by Request

      1929 Baltic Way

      Distribution properties
      1929 Baltic Way, Ferndale, WA 98248
      View Details
    • Value Estimation
      $2,780,000
      40,960 SF

      1385 Smith Rd

      HEAVY INDUSTRIAL • 40,960 SF
      1385 Smith Rd, Ferndale, WA 98248-8930
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      57,964 SF

      Industrial Property in Desirable Location

      Industrial building with acreage in a desirable Ferndale location.
      5530 Nordic Way, Ferndale, WA 98248
      View Details
    • Contact for pricing

      Visible Stand-Alone Building in Ferndale

      Stand-alone building in shell condition, retail/warehouse mix, ample parking.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $6,300,000

      Industrial Property with Expansion Potential

      Metal fabrication business and real estate with expansion possibilities.
      7135 Delta Line Rd, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
      1972 Baltic Way, Ferndale, WA 98248
      View Details
    • $299,000

      Development Ready Land Parcel

      Level parcel with mitigation plan, ready for development.
      Barrett Rd, Ferndale, WA 98248
      View Details
    • Contact for pricing

      Commercial Land with Existing Building

      Commercial land with mixed-use zoning and an existing 12,000-SF building.
      5865 Anderson Ave, Ferndale, WA 98248
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,000 SF

      Ferndale Warehouse with Easy Access

      50,000 SF warehouse with I-5 access and high ceilings.
      1400 Commerce Pl, Ferndale, WA 98248
      View Details
    • New
      $10 SF/Yr
      2,228 SF

      Ferndale Flexspace Condominium For Rent

      2,228 SF flexspace with easy I-5 access.
      1915 Baltic Way, Ferndale, WA 98248
      View Details
    • New
      Contact for pricing
      67,802 SF

      Manufacturing Facility Near I-5

      Unoccupied manufacturing facility with advanced features near the Canadian Border.
      5457-5463 Pacific Fern Dr, Ferndale, WA 98248
      View Details
    • Contact for pricing
      1,362 SF

      Warehouse Space Near I-5

      Centrally located warehouse space with I-5 visibility in Whatcom County.
      5420-5426 Barrett Rd, Ferndale, WA 98248
      View Details
    • Contact for pricing
      2,325 SF

      Ferndale Warehouse Space Available

      Class A warehouse space in premier industrial location for lease.
      2693 Delta Ring Rd, Ferndale, WA 98248
      View Details
    • Contact for pricing
      7,500 SF

      Retail Center Near Interstate 5

      28,000 SF retail center near I-5 in Ferndale, WA.
      5905 Portal Way, Ferndale, WA 98248
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5457 Pacific Fern Dr
    Ferndale, WA 98248-8652
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5457 Pacific Fern Dr, Ferndale, WA, 98248
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!