Description
Investment Opportunity!! RV/Boat/ Mini storage project with a site area of 4.7 acres, located in Ferndale with lots of new residential development to draw on as a customer base within a five-mile radius. This project completed its Site Plan Review with the City of Ferndale, and is being updated as we speak. Owner is moving forward with Civil Plans. It will have 120 enclosed units, heated and sprinkled. No wetlands on the property; a survey and infiltration study have been completed. Excellent CAP rate and low comparative construction cost make this project highly attractive. With a huge demand for RV storage solutions in the area, there is a strong potential for high profits & growth! All to be verified by buyer. Can design to suit.
Property Details
- Utility SourceIn Street, Well Needed
- Utility FeaturesElectricity Available
- Style43 - Comm/Industrial
- Date ListedApril 06, 2025
- Sewer InformationNot Available
- Original List Price$1,400,000
- Structure TypeIndustrial
- Property TypePurchase
- SubdivisionFerndale
- School DistrictFerndale
- CountyWhatcom
- MLS #2355925
- Cost1400000
- MLS #2355925
- Taxes Annual$2,016
- Property SubtypeLand
- Acres4.7
- Days on Market (Cumulative)5
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-04-06 22:18:10. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Paul Oglesbee (#NWM140659)
Listing Office: ONE Realty (#NWM5727)
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