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Property profile & analytics
OFF-MARKET Estimated value $690,000
Manufacturing properties

805 Badger Rd Lynden, WA 98264-9284

11,061 SF 0.66 ac lot Built 1974
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-0890216
Property summary
AI-generated overview

This exceptional 75,000 square foot industrial manufacturing building presents a compelling sale-leaseback opportunity in Lynden, Washington. Situated on a 5.02-acre lot, the property boasts a prime location, offering convenient access to Highway 536, strategically positioning it between Vancouver, Canada, and Seattle. The building, primarily constructed after 2010, features impressive 30+ foot clear heights and is exceptionally well-maintained, with no deferred maintenance. The property includes two dock-high doors and two grade-level doors, enhancing operational efficiency. Currently 100% occupied by a leading flax seed supplement provider under a 10-year net lease, this investment offers a secure, long-term income stream. Key features include a commercial freezer and cooler, and the building is connected to the City of Lynden septic system. The property is zoned IBZ and benefits from Lynden's robust growth as a business hub. This sale-leaseback transaction provides a unique opportunity to acquire a mission-critical asset in a thriving market, offering significant potential for long-term returns. The asking price is $10,500,000.

Property profile
Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1974
Total area 11,061 SF
Lot 0.66 ac (28,750 SF)
Zoning code IBZ
APN 400317 401515 0000
UPID US90-0890216
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$690k
Owner & transaction history
Flora Holdings LLC · 2 yrs held
Flora Holdings LLC
since 2024
7 recorded transactions
2024
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IBZ · Lynden, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

IBZ (Industrial Business Zone) - A light industrial zone that permits a mixture of industrial and commercial uses. 19.25.020 Purpose. The intent of the industrial zones is to provide a location for business and industrial uses in order to provide employment opportunities to the residents of the City of Lynden and surrounding area. From each use located there…

Zone name Industrial Business Zone
General category INDUSTRIAL
Zone area 284.54 ac
Source Complete Zoning Ordinance
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