Property profile

5644 Barrett Rd Ferndale, WA 98248

FOR SALE
Commercial land
Property ID
US90-1016792
1.13 ac lot
Entity Owned 1-yr Hold Free & Clear
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5644 Barrett Rd, Ferndale, WA 98248 For Sale
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5644 Barrett Rd, Ferndale, WA 98248
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.13 ac (49,397 SF)
Zoning code MCD
APN 390228 010469 0000
UPID US90-1016792

Cap rate & NOI

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

Location

5644 Barrett Rd Ferndale, WA 98248
Ferndale metro Census 10600 BELLINGHAM, WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2025
Last sale
$469,687
3 recorded transactions
2025
$655,000
2022
$469,687
2022
Price N/A

Zoning & alternative use

MCD · Ferndale, WA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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