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164 W Smith Rd
Bellingham, WA 98226
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Industrial/Office & Yard Space
- Large parcel
- Great Location and Access
EXECUTIVE SUMMARY
Industrial property centrally located between Bellingham, Ferndale, and Lynden. Easy access to the Canadian Boarder or Interstate via well-traveled Guide Meridian (SR539). The property, over 12 acres in total, features industrial/shop space, office space re-built this year, exterior storage including silo storage, and large yard area. 600-amp 480 three phase service. Zoned Rural Industrial and Manufacturing by Whatcom County. 5-year lease in place.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 12.04 AC |
| Cap Rate | 6.54% | Rentable Building Area | 33,804 SF |
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Distribution | Year Built | 1970 |
| Zoning | Rural Industrial & Manu | ||
| Sale Type | Investment |
| Cap Rate | 6.54% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Lot Size | 12.04 AC |
| Rentable Building Area | 33,804 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | Rural Industrial & Manu |
PROPERTY TAXES
| Parcel Number | 390225-459079-0000 | Improvements Assessment | $750,586 |
| Land Assessment | $1,321,790 | Total Assessment | $2,072,376 |
PROPERTY TAXES
Parcel Number
390225-459079-0000
Land Assessment
$1,321,790
Improvements Assessment
$750,586
Total Assessment
$2,072,376
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