$9,250,000
For Sale

5094 Labounty Road

Ferndale, WA 98248
Listing OfficeWindermere Real Estate Whatcom
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Utility SourceAvailable, In Street, On Property, See Remarks
      • Utility FeaturesElectricity Connected, Natural Gas Available
      • Style43 - Comm/Industrial
      • Date ListedOctober 23, 2024
      • Original List Price$9,250,000
      • Structure TypeIndustrial
      • Sewer InformationAvailable
      • Property TypePurchase
      • SubdivisionFerndale
      • School DistrictFerndale
      • Acres24.5299
      • CountyWhatcom
      • MLS #2303508
      • Cost9250000
      • MLS #2303508
      • Property SubtypeLand
      • Days on Market (Cumulative)60
Christie ElliottReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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