5644 Barrett Rd, Ferndale, WA 98248-9478
This exceptional 1.13-acre commercial property at 5644 Barrett Road in Ferndale, WA, presents a remarkable investment opportunity. Its prime location, just off Interstate 5, offers unparalleled accessibility and visibility, placing it within easy reach of both Vancouver, BC, and Bellingham. The nearly 50,000 square foot, level, asphalt-paved lot is zoned MXD (Mixed Use District), allowing for a diverse range of commercial and residential possibilities. Imagine a thriving mixed-use development incorporating retail, restaurants, offices, or even a multi-family component. The generous zoning opens doors to a wide array of businesses, from a convenient drive-through coffee shop to a full-service bank, pharmacy, or restaurant. The property's strategic location near Main Street and I-5 ensures high traffic counts, providing significant potential for businesses seeking a high-visibility location. Other suitable uses include a hotel, office center, auto/truck repair facility, convenience store with fuel, or contractor offices, all benefiting from ample parking and storage space. This is a rare chance to acquire a well-positioned, versatile commercial property with significant growth potential. The asking price is $750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MCD · Ferndale, WAFerndale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.