Guide Meridian

465 Sequoia Drive

Map

$3,200,000

● Land - Active

465 Sequoia Drive

Bellingham, WA 98226

Studio

0 Bath

About This Property

Cross-border manufacturing, warehousing, or storage facility site. 3.94 Acres of Planned Industrial Property situated in the Cordata Neighborhood with easy access to Meridian Street and I-5. Wetlands reconnaissance, hydrology wet season study, and geotechnical work have been performed and is ready to move to the next step in the development process. Purchase price includes up to $400k to be paid by seller for offsite wetlands mitigation. Heavy power, natural gas, water, and sewer are at the property line. Strong blue and white-collar workforce base available to draw from with transit bus stop adjacent to property. The site has had preliminary test fit for 86k sq ft building and 68k sq ft combined into 3 buildings. Two tax parcels.

Unit Size

Days on Market

531 days

Cumulative Days On Market

451 days

Land Size

3.94 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

Year Built

Listed By

Kenneth C Coonc

[email protected]

Pacific Continental Realty LLC

Payment Calculator (Computations Provided by RealtyHop)

Cap Rate Calculator

Last updated: 2 months ago (NWMLS #NWM2380219)

Price History

Date / Event	Date	Event
May 22, 2025	Listed by Pacific Continental Realty LLC	$3,200,000
Listed by Pacific Continental Realty LLC

Property Highlights

Exterior Details

Building Area Units: Square Feet

Lot Size Area: 171626

Lot Size Units: Square Feet

Lot Size Acres: 3.94

Lot Size Square Feet: 171626

Water Source: Other

Utilities Details

Sewer : Available

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 74,488

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: I
Subdivision: CORDATA SBSP NO 26
Land Acres: 0000001710
Standard Land Use Code: 5000
County Land Use Code: 9130
Legal Description 1: THAT PTN OF PARCEL B CORDATA SPECIFIC BINDING SITE PLAN NO 26 AS REC AF 2001201542 LY WITHIN W 1/2 SE

Neighborhood

School District Name: Meridian School District

Census Tract: 000202

Zoning

Zoning: PIC

Geography

Account Number: 42555

District: BELLINGHAM
Parcel: 380201-311122-0000
Lot: B
Meridian: SEC 01 TWN 38 RNG 02
Municipality: BELLINGHAM 505
Latitude: 48.8076
Longitude: -122.497

Address

Full Address: 465 Sequoia Dr

Address - House Number: 465
Address - Street Name: Sequoia
Address - Suffix Type: Dr
State: WA
City Name: Bellingham
Carrier Code: C078
4-Digit Zip Code: 7134
Zip Code: 98226

Valuation

Tax

Tax Year: 2023

Tax Amount: $309,708
Tax Rate Code Area: 0105

Market Valuation

Market Total Value: $421,130

Market Land Value: $421,130

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $421,130
Assessed Land Value: $421,130

Sales

Current Sale Contract Date: Oct 14, 2021

Current Sale Recording Date: Oct 15, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2307
Previous Sale Recording Date: Oct 15, 2021
Previous Sale Contract Date: Oct 14, 2021
Previous Sale Amount: $765,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Guide Meridian

Stats & Trends

Median Asking:

$462,450

Sale Price/ft²

$361

Below Asking

0.02%

Average Days on Market

Average Home Size

2176 ft²

Average Home Age

23.2 years

Currently For Sale

39 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Last Updated: 2026-09-17 17:08:14
Last Checked: 4 hours ago
Data Source: NWMLS, MLS# NWM2380219

Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Based on information submitted to the MLS GRID as of Nov 04 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS Grid.