0 Aldergrove, Ferndale, WA 98248

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Listed by:paul oglesbee
Office:one realty
MLS#:2355925
Source:NWMLS
0 Aldergrove,Ferndale, WA 98248
$1,400,000
  • 4.7 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,400,000

About this home

Investment Opportunity!! RV/Boat/ Mini storage project with a site area of 4.7 acres, located in Ferndale with lots of new residential development to draw on as a customer base within a five-mile radius. This project completed its Site Plan Review with the City of Ferndale, and is being updated as we speak. Owner is moving forward with Civil Plans. It will have 120 enclosed units, heated and sprinkled. No wetlands on the property; a survey and infiltration study have been completed. Excellent CAP rate and low comparative construction cost make this project highly attractive. With a huge demand for RV storage solutions in the area, there is a strong potential for high profits & growth! All to be verified by buyer. Can design to suit.

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Home facts

  • Listing Id #:2355925
  • Updated:August 08, 2025 at 12:17 AM

Structure and exterior

  • Lot area:4.7 Acres

Utilities

  • Water:In Street, Well Needed

Finances and disclosures

  • Price:$1,400,000
  • Tax amount:$2,017 (2024)
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