6010 Guide Meridian Bellingham, WA 98226-9788
- Auto shops
- 2,448 SF
- 0.96 lot acres
Current Use by Public Records
- N.W. Autobahn is now KORE AUTO SALES / Car Dealer / Auto Restoration Service
- Kore Auto Sales & Kore Kustom Builds / Auto Restoration Service / Auto Broker
- Guide Meridian Auto Plaza & Kore Auto Sales / Auto Repair Shop / Used Car Dealer
- Guide Meridian Auto Plaza / Used Car Dealer / Auto Repair Shop
Property Details for 6010 Guide Meridian
- Year built
- 1989
- Lot size
- 0.96 lot acres
- Property size
- 2,448 SF
- Zone code
- RGC
- Property type
- Auto shops
- APN
- 390319 025408 0000
- APU
- 3903190254080000
Description
This exceptional commercial property boasts an unparalleled location at 6010 Guide Meridian in Bellingham, WA, offering approximately 140 feet of frontage on a major highway frequented by both American and Canadian traffic. The property encompasses a substantial 41,720 square feet of commercially zoned land and includes two distinct buildings. One building is ideally suited for office space, while the second building is a 2,400 square foot shop featuring six high bay doors, providing ample space for various commercial uses. The high visibility and convenient access make this property an excellent investment opportunity for businesses seeking a prominent location with significant traffic exposure. The existing income stream adds to the appeal, presenting a solid return on investment. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving area with strong potential for growth. The property's size and layout offer flexibility for a wide range of commercial ventures, making it an attractive option for businesses seeking to establish or expand their operations in a strategic location. The asking price is $975,000. The lot size is 0 acres.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $480,000
- 6.5%
- $505,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $575,000
- Retail
- $620,000
- Mixed-Use
- $570,000
- Hospitality
- $475,000
- Educational
- $545,000
- Residential Income
- $515,000
- Energy
- $455,000
- Income-Based Land
- $470,000
- Food Service
- $610,000
Location Insight
- Map
- Local Demand
- City
- Bellingham
- County
- Whatcom
- State
- Washington
- Longitude
- -122.485
- Latitude
- 48.859
- CBSA code
- 13380
- CBSA name
- BELLINGHAM, WA METROPOLITAN STATISTICAL AREA