2195 Buchanan LoopFerndale, WA 98248

  • Land
  • 5.00 AC
For Sale
$12,500,000 View listing

Property Details for 2195 Buchanan Loop

Lot size
5.00 AC
Zone code
LII
Property type
Land
Property subtype
Other industrial land
APN
390206 476140 0000
APU
3902064761400000

Description

This exceptional investment opportunity presents a partially completed, 65,000 square foot smart-access storage facility in Ferndale, Washington. Strategically situated just off Interstate 5, this facility boasts unparalleled accessibility and visibility. Currently 50% complete with groundbreaking already underway, the estimated completion date is Winter 2024. The modern design caters to a diverse clientele, offering secure storage solutions for boats, RVs, vehicles, and personal belongings. The property features a spacious 14,000 square foot covered open parking area, perfect for larger vehicles, and a 600 square foot office space. Its prime corner lot location includes a 360-degree turnaround, specifically designed to accommodate oversized vehicles and ensuring ease of access and maneuverability. All necessary permits are approved, minimizing delays and streamlining the completion process. This state-of-the-art facility incorporates cutting-edge technology to guarantee the safety and security of stored items. The high demand for storage in this area, coupled with the facility's prime location and advanced features, makes this a truly exceptional investment opportunity with significant potential for strong returns. The asking price is $12,500,000.

2195 Buchanan Loop, Ferndale, Washington

Location Insight

City
Ferndale
County
Whatcom
State
Washington
Latitude
48.8958
Longitude
-122.597
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
2024
$5,017
$708,178
-
$708,178
-
$708,178
-
$708,178

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