Property profile

5470 Nielsen Ave Ferndale, WA 98248

OFF-MARKET
Manufacturing properties
Property ID
US90-2969528
37,698 SF 8.13 ac lot Built 2005
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group FOOD PACKING, PACKING PLANT
Year built 2005
Total area 37,698 SF
Lot 8.13 ac (354,273 SF)
Zoning code GB
APN 390229 320177 0000
UPID US90-2969528

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Butcher Big Box & Wholesale Store
  • Food Processing Plant

Location

5470 Nielsen Ave Ferndale, WA 98248-7820
Ferndale metro Census 10503 BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$945k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
$68.0M
2011
Price N/A

Zoning & alternative use

GB · Ferndale, WA
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 profes…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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