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    Property profile & analytics

    7056 Portal Way Ferndale, WA 98248-8310

    • Warehouses
    • 69,800 SF
    • 7.00 lot acres
    OFF-MARKET
    Value Estimation
    $985,000
    Location Intelligence
    Property ID
    US90-1501906
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Orca Book Publishers / Book Store
    • Alaska General Seafood / Seafood Market
    • Air Truck Freight Systems / Freight Forwarding Service
    • Blue Heron Enterprises / Furniture Store / Home Goods Store
    • Roadhouse Ministries / Church

    Property Details for 7056 Portal Way

    Year built
    1993
    Lot size
    7.00 lot acres
    Property size
    69,800 SF
    Zone code
    LII
    Property type
    Warehouses
    APN
    390206 178212 0000
    APU
    3902061782120000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $990,000

    • CAP approach

      CAP return
      Estimation
      6%
      $985,000
      6.5%
      $1,150,000
      7%
      $1,140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,065,000
      Geo Method
      $1,040,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,010,000
      Retail
      $865,000
      Mixed-Use
      $1,180,000
      Hospitality
      $1,185,000
      Educational
      $1,205,000
      Residential Income
      $1,040,000
      Energy
      $1,125,000
      Income-Based Land
      $890,000
      Food Service
      $1,060,000

    Location Insight

    • Map
    • Local Demand
    City
    Ferndale
    County
    Whatcom
    State
    Washington
    Longitude
    -122.609
    Latitude
    48.8978
    CBSA code
    13380
    CBSA name
    BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $21,817
    $701,324
    $2,075,055
    $2,776,379
    -
    $701,324
    $2,075,055
    $2,776,379

    Comparable in this City

    • Value Estimation by Request
      9,984 SF

      5480 Nielsen Ave

      MINI-WAREHOUSE, STORAGE • 9,984 SF
      5480 Nielsen Ave, Ferndale, WA 98248-7820
      View Details
    • Value Estimation by Request
      2,012 SF

      7080 Portal Way

      MINI-WAREHOUSE, STORAGE • 2,012 SF
      7080 Portal Way, Ferndale, WA 98248-8365
      View Details
    • Value Estimation
      $3,580,000
      30,600 SF

      6947 Salashan Pkwy

      WAREHOUSE, STORAGE • 30,600 SF
      6947 Salashan Pkwy, Ferndale, WA 98248-8314
      View Details
    • Value Estimation
      $725,000
      18,384 SF

      5472 Pacific Fern Dr

      WAREHOUSE, STORAGE • 18,384 SF
      5472 Pacific Fern Dr, Ferndale, WA 98248-8652
      View Details
    • Value Estimation
      $665,000
      3,780 SF

      2138 Buchanan Loop

      WAREHOUSE, STORAGE • 3,780 SF
      2138 Buchanan Loop, Ferndale, WA 98248-9801
      View Details
    • Value Estimation by Request
      1,390 SF

      1920 Main St

      WAREHOUSE, STORAGE • 1,390 SF
      1920 Main St, Ferndale, WA 98248-9472
      View Details

    Similar Nearby for Sale

    • $699,000
      5,656 SF

      Visible Building in Central Whatcom

      Stand-alone building in shell condition, ready for its next phase.
      1990 Main St, Ferndale, WA 98248
      View Details
    • $1,500,000
      16.88 Acres

      Ferndale Industrial Land - $1.5M

      16.88-acre industrial land, prime location.
      5391 Labounty Dr, Ferndale, WA 98248
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    • $6,800,000

      Industrial Property with Expansion Potential

      Metal fabrication business and real estate with expansion possibilities.
      7135 Delta Line Rd, Ferndale, WA 98248
      View Details
    • $930,000
      0.59 Acres

      Ferndale Commercial Land - Main St.

      Prime Ferndale commercial lot, permit-ready.
      2131 Main St, Ferndale, WA 98248
      View Details
    • $328,000

      concrete floors

      utility sink
      1986 Baltic Way, Ferndale, WA 98248
      View Details
    • $12,500,000

      I-5 Ferndale Storage Facility Investment

      Prime Location, High-Demand Storage
      2195 Buchanan Loop, Ferndale, WA 98248
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    Similar Nearby for Lease

    • $0.60 SF/Yr
      10,000 SF

      Industrial Space in Grandview Park

      Industrial space for rent in north Ferndale, Washington.
      6920 Salashan Pkwy, Ferndale, WA 98248
      View Details
    • $9 SF/Yr
      40,000 SF

      Grandview Warehouse: 40,000 SF Sublease

      40,000 SF Warehouse; Sublease Opportunity
      6955 Salashan Pkwy, Ferndale, WA 98248
      View Details
    • $0.85 SF/Yr
      2,325 SF

      Ferndale Warehouse Space Available

      Class A warehouse space in premier industrial location for lease.
      2693 Delta Ring Rd, Ferndale, WA 98248
      View Details
    • $1,350 /Mo
      952 SF

      Warehouse Space Near I-5

      Centrally located warehouse space with I-5 visibility in Whatcom County.
      5420-5426 Barrett Rd, Ferndale, WA 98248
      View Details
    • $16 SF/Yr
      2,000 SF

      Ferndale Corner Office Space

      Corner office space in the heart of Ferndale.
      1943 Main St, Ferndale, WA 98248
      View Details
    • $20 SF/Yr
      7,158 SF

      New Retail & Office Space

      New construction retail and office space in a growing area.
      6252 Portal Way, Ferndale, WA 98248
      View Details
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    7056 Portal Way
    Ferndale, WA 98248-8310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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