Technical
Financial
Distress signals
Property profile

5585 Labounty Dr Ferndale, WA 98248

OFF-MARKET
Automotive properties
Property ID
US90-1056301
2,139 SF 0.52 ac lot Built 2000
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2000
Total area 2,139 SF
Lot 0.52 ac (22,599 SF)
Zoning code MCD
APN 390229 560406 0000
UPID US90-1056301

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
  • Auto Repair Shop
  • Auto Repair Shop

Location

5585 Labounty Dr Ferndale, WA 98248-8964
Ferndale metro Census 10600 BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
$550k
Blend (final) Blend
$865k

Owner & transaction history

since 2021
Last sale
$701,123
6 recorded transactions
2021
$701,123
2015
Price N/A
2002
Price N/A
1999
$118,600
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MCD · Ferndale, WA
Top alternative use upside
Medical building $665,000 +77.4%
Office building $620,000 +66.4%
Commercial (general) $565,000 +50.6%

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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