164 W Smith Rd $2,500,000

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    164 W Smith Rd Bellingham, WA 98226

    • 12.04 Acres
    • Commercial/Industrial
    Listing# 1490891 | Active
    Days On Market: 97 4 Views
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    Property Details

    Fully leased, 30,000+ SF industrial/shop building located off Guide Meridian on Smith Road. Total lot size over 12 acres. The property is a 6.52% CAP rate. Ample yard space with additional storage in silo. Don’t miss this opportunity to own a great investment!

    • General Features
      • County Whatcom
      • Approx Building SqFt 0
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Style 61-Comm Bldg Ovr 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 0
      • Zoning Jurisdiction County
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Number of Available Pads 0
      • Lot Square Footage 524,462
    • Financials
      • Vacancy Rate 5
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 6.52
      • Gross Scheduled Income $179,380
      • Gross Adjusted Income $170,411
      • Total Expenses $7,302
      • NOI $163,109
      • Electrical Expenses $0
      • Tax Expense $10,573
      • Heating Expense $0
      • Insurance Expense $0
      • Other Expenses $0
      • Tax Year 2019
      • Annual Assoc. Dues $0

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    Neighborhood

    98226 (Bellingham) Demographics

    39Median Age
    389Population Density (per sq. mile)
    43%College Educated
    $56,280 Estimated Median Income
    10,274Estimated Total Home Owners
    6,020Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    41,740Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $399,700 Median Sales Price
    58 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,500,000
        7/15/2019 4:31:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.