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Financial
Distress signals
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
Last sale Jan 2025 · $68,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$44k
Tax billed · 2021
Assessed value · 2022$5.98M
Assessed land$932k
Assessed improvement$5.05M
Effective rate0.74%

Value estimate

· Oct 2026
$945k
$851k – $1.04M
AI approach$945k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
The zone is intended as a primary center for business activities, and uses exclusively focused on storage are discouraged, for commercial...
General categoryINDUSTRIAL
JurisdictionWHATCOM

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.5
Electrical Service9.3
Tailor Shop8.8

Location

5470 Nielsen Ave Ferndale, WA 98248-7820
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6840 Northgate, Ferndale, WA 98248-8309 $10,450,000 Jul 2024 70,560 SF
6823 Northgate, Ferndale, WA 98248-8309 $2,625,000 Dec 2022 27,994 SF
5575 Nordic, Ferndale, WA 98248-5104 $13,900,000 Jun 2022 155,247 SF
6943 Salashan, Ferndale, WA 98248-8314 $2,474,110 May 2021 25,020 SF
6980 Salashan, Ferndale, WA 98248-8314 $5,600,000 Sep 2020 41,230 SF
6186 Portal, Ferndale, WA 98248-9363 $185,925 Sep 2019 27,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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