Ferndale, WA
Commercial Real Estate Market Trends & Data

$230 Avg asking sale price
$9,301 Avg asking lease rate
23,521 SF Avg unit lease size
20,768 SF Avg building size for sale
6.53% Average cap rate

Ferndale's Demographic Profile

Ferndale has 5,519 households and a median income of $86,308, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 15,564
# Households 5,519
Median age 38
Median household income $86,308
Avg household size 3.0
Renter-occupied housing units 1,743
5-year population change +4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Ferndale, WA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Bellingham $344 13,042 SF 8.15%
Everson $363 20,400 SF 6.68%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Ferndale $216 11,438 SF 7.17%
Custer $313 22,561 SF 7.17%
Bellingham $219 9,722 SF 7.32%
Langley $789 10,702 SF 3.74%
Nearby Retail Markets Avg Cost/SF Typical Size
Ferndale $189 17,278 SF
Blaine $443 17,340 SF
Lynden $457 5,460 SF
Bellingham $455 10,565 SF
Everson $257 656 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ferndale $587 39,299 SF 5.68%
Bellingham $464 15,479 SF 6.02%

Commercial Properties For Sale in Ferndale

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2069 Grandview Road

Ferndale, WA 98248

  • 4.59 AC Lot
  • 1 Commercial Lot
  • $2,500,000
For Sale

1697 Main St Ferndale WA 98248 QSR Pad

Ferndale, WA 98248

  • 1.91 AC Lot
  • 1 Commercial Lot
  • $1,900,000
For Sale

1695 Main St

Ferndale, WA 98248

  • 1.23 AC Lot
  • 1 Commercial Lot
  • $1,900,000
For Sale

5655 3rd Ave

Ferndale, WA 98248

  • 17,278 SF Retail Building
  • 6.75% Cap Rate
  • $3,258,000
For Sale

5082-5094 LaBounty Rd

Ferndale, WA 98248

  • 24.53 AC Lot
  • 1 Residential Income Lot
  • $6,200,000
For Sale

Pioneer Flexspace North

Ferndale, WA 98248

  • 8,912 SF Flex Building
  • $335,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Ferndale pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Ferndale $230 20,768 SF
Custer $222 22,561 SF
Blaine $288 19,022 SF
Birch Bay $188 5,967 SF
Lynden $332 57,598 SF

Regional Demographic Comparison

This comparison places Ferndale alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Ferndale or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Ferndale 15,564 5,519 38 $86,308 3 1,743 4%
Custer 512 191 44 $108,552 3 32 1%
Blaine 6,466 2,620 45 $76,562 2 926 5%
Birch Bay 12,736 5,514 50 $77,207 2 1,101 9%
Lynden 16,339 6,042 38 $80,000 3 2,128 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Ferndale, WA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Ferndale

View All Commercial Real Estate For Sale in Ferndale
Is Ferndale a good market for a first-time commercial real estate investor?

Ferndale offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Ferndale?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Ferndale. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Ferndale?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Ferndale. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Ferndale compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Ferndale. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Ferndale acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Ferndale, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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