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5082-5094 LaBounty Rd 24.53 Acres of Commercial Land Offered at $9,980,828 CAD in Ferndale, WA 98248

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EXECUTIVE SUMMARY

This fully entitled 2 lot site is a development site for a 310 unit multi-family building for sale at $8,995,000.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per AC -
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $9,980,828 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 24.53 AC
No. Stories 1
Zoning Mixed Use - Residential, multifamily mixed used

1 LOT AVAILABLE

Lot

Price $9,980,828 CAD
Price Per AC $406,882.52 CAD
Lot Size 24.53 AC

DESCRIPTION

Cooper Village offers fully entitled land for sale on LaBounty Road in Ferndale, WA, in a rapidly growing area of Whatcom County. The proposed development includes 310 housing units: 246 multi-family units, 50 townhomes, and 14 live-work units, along with a 4,200 square foot commercial building for retail or food and beverage. Additionally, there’s a freeway-oriented commercial pad site (10,000 - 30,000 square feet) suitable for RV/boat storage or future commercial use. Complete land use permitting was secured on August 29, 2024, including preliminary civil design and critical areas mitigation approval. This fully entitled property offers a turnkey development opportunity, significantly speeding up the time to market.

  • Listing ID: 38321826

  • Date on Market: 2024-10-24

  • Last Updated:

  • Address: 5082-5094 LaBounty Rd, Ferndale, WA 98248

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