805 Badger RdLynden, WA 98264

  • Industrial properties
  • 11,061 SF
For Sale
$10,500,000 View listing

Property Details for 805 Badger Rd

Year built
1974
Lot size
0.66 AC
Property size (Sq ft)
11,061 SF
Zone code
IBZ
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
400317 401515 0000
APU
4003174015150000

Description

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.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,415,002
    Hospitality
    $3,128,124
    Educational
    $2,602,562
    Medical
    $2,692,068
    Retail
    $4,048,430
805 Badger Rd, Lynden, Washington

Location Insight

City
Lynden
County
Whatcom
State
Washington
Latitude
48.9642
Longitude
-122.446
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
2021
$3,426
$100,800
$237,730
$338,530
-
$100,800
$237,730
$338,530

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