for sale barkley village development site · current heath tecna lla more info current interwest...

1.72 Acres

Barkley Blvd.

Wob

urn

Stre

et

FOR SALEBarkley Village Development Site3111 Woburn Street, Bellingham, WA 98226

Priced at: $1,723,234

30,000 + VPDBarkley Blvd.

Property OverviewBarkley Village is a 250-acre urban village with a mix of residential, retail, office and civic uses located in Bellingham, WA. The village is comprised of over 90 businesses, 12 restaurants, a 16-screen Regal Cinemas, and over 300,000 SF of class A office space just one mile from Interstate 5.

The property for sale consists of 1.72 acres of rarely offered development land in the heart of Barkley Village. Over 300’ of frontage on Woburn Street and visibility to the intersection of Barkley Blvd. give this parcel unique exposure and positioning.

Property Address: 3111 Woburn Street Bellingham, WA 98226

Parcel Number: 380320481456

Land Area: 1.72 Acres 74,923 Square Feet

Frontage: Woburn Street

Utilities: All utilities including sewer, water, and electricity to site

Asking Price: Offered at $1,723,234 ($23/SF)

Zoning: Industrial (uses shall be limited to private education facilities, medical, professional, and general business offices, administrative office services, research and development, light manufactguring, warehousing and distribution, banks, and uses similar to the above).

For more information, please contact:Neal Swanson, CCIM(360) 671-6450 [email protected]

Barkley Company2200 Rimland Dr. Suite 250

Bellingham, WA 98226www.BarkleyVillage.com

Households

60,000

50,000

40,000

30,000

20,000

10,000

0Census 2010 2016 2021

44,705 46,690 48,583

<$100K$100-199K$200-299K$300-399K$400-499K$500K+

2016 Home Value

6.5%

9.4%

23.6%

25.2%

11.9%

23.3%

2016-2021 Annual Growth Rate

Perc

ent

1

0.8

0.6

0.4

0.2

0Population Households Median Household Income Owner Occupied Housing Units

0.82 0.80

0.34

0.67

20162021

Household Income

Perc

ent

181614121086420

<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+

Demographic Snapshot (15 minute drive time)

The information contained herein was obtained from sources believed reliable, however, Barkley Company makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.

FOR SALEBarkley Village Development Site3111 Woburn Street, Bellingham, WA 98226

Priced at: $1,723,234

About Barkley VillageAboutBarkley Village is a 250-acre urban village with a mix of residential, retail, office and civic uses located in Bellingham, Washington, just east of Interstate 5. Barkley’s master plan is rooted in intelligent urban design, including pedestrian- friendly streets, parks and trails.

Mission Statement Barkley Company is changing the profile of Bellingham by continuously building an exciting neighborhood and vibrant commercial center. We do this one project, one business, and one relationship at a time. New ideas, innovation and attention to detail are all key components in this effort.

ArchitectureBarkley’s superior architecture features contemporary designs and quality materials such as brick, steel and stone which are visible in the buildings throughout the area.

BusinessConsidered the premier business location in Bellingham, Barkley serves a variety of local, regional, national and international companies in the medical, professional and retail sectors.

TechnologyBarkley Village is wired to the highest technical standards and equipped with high-speed communications connections.

LivingSurrounded by thriving residential neighborhoods, with the first in a series of planned residential buildings just steps away, Barkley’s retail center includes unique shops and restaurants and is anchored by a major grocery store.

HistoryThe Barkley Company is owned by the Talbot family, who have been a part of the Bellingham business com-munity since 1941.

For more information, please contact:Neal Swanson, CCIM(360) 671-6450 [email protected]

Barkley Company2200 Rimland Dr. Suite 250

Bellingham, WA 98226www.BarkleyVillage.com

for site address of 3111 BARKLEY BLVD

Land Parcel Report for 380320481456

Assessor Property Info Appraised Property ValueProperty ID: 65954

3111 BARKLEY BLVDAssessor address:

TALBOT REAL ESTATE LLCOwner name:

Land use: INDUSTRIAL

Land value: $1,498,480

Total value: $1,498,480

$0Improvement value:

Page 1 of 49/8/2016 9:41 AM

City of Bellingham, WA

Land Parcel Report - 380320481456

http://www.cob.org

Full Parcel Number(s)

Site Address(es)

Legal DescriptionContact the Whatcom County Assessors office (360-676-6790) for the complete legal description.

LOT 3 BARKLEY SPECIFIC BINDING SITE AS REC AF 2021104585

3803204814560000

3111 WOBURN ST

Parcel Area74771Mapped parcel area (sq ft):

Mapped parcel area (acres): 1.72

Assessor legal acreage: 1.72

NeighborhoodBARKLEY

Historical Information(Not available)

ZoningINDUSTRIAL Subarea: 13

Neighborhood Plans and Zoning

Zoning (Urban Village)(Not available)

WatershedSqualicum Creek, Sub Basin: Lower Squalicum

Whatcom Creek, Sub Basin: Fever Creek

Bellingham SchoolsNORTHERN HEIGHTSElementary:

SHUKSANMiddle:

SQUALICUMHigh:

SubdivisionsStatus Name Documents

CURRENT BARKLEY SBSP NO 2 AM SBSP NO 1 More info

Page 2 of 49/8/2016 9:41 AM



http://www.co.whatcom.wa.us/assessor/

http://property.whatcomcounty.us/propertyaccess/Property.aspx?cid=0&year=2016&prop_id=65954

http://www.cob.org/services/planning/neighborhoods/Pages/barkley.aspx

http://www.cob.org/services/planning/neighborhoods/Pages/plans-and-zoning.aspx

http://northernheights.bellinghamschools.org/

http://shuksan.bellinghamschools.org/

http://squalicum.bellinghamschools.org/

http://www.cob.org/PublicAccess/SubdivisionSearch.aspx?OBKey__119_1=BSP-100

http://www.cob.org

SubdivisionsStatus Name Documents

CURRENT HEATH TECNA LLA More info

CURRENT INTERWEST S.P. More info

HISTORICAL BARKLEY GBSP NO 1 More info

HISTORICAL BARKLEY SBSP NO 1 More info

HISTORICAL RIMLAND PACIFIC BUS PARK NO 2 More info

HISTORICAL RIMLAND PACIFIC BUSINESS PARK NO. 2 LLA (AMENDED) More info

Ward and Precinct

Ward number:

Precinct number:

Legislative district number:

County Council district number:

2

220

42

2

Ward info (link)

Senate info (link)

Congress info (link)

Legislator info (link)

County Council info (link)

Trails within one-half mileBARKLEY TR

NEIGHBORHOOD CONNECTOR

NEW HAVEN TO ROSLYN

RAILROAD TR

ROOSEVELT NATURE AREA

Parks within one-half mileBarkley Trail

Barkley Woods

Railroad Trail

Roosevelt Nature Area

Bus stops within one-half mileDirection/Location Has Shelter Has Bench

EB E SUNSET DR AT RACINE ST Yes No

EB E SUNSET DR AT WOBURN ST No Yes

NB WOBURN ST AT BARKLEY VILLAGE Yes No

NB WOBURN ST AT E MARYLAND ST No No

NB WOBURN ST AT RIMLAND DR Yes No

SB WOBURN ST AT BARKLEY VILLAGE Yes No

SB WOBURN ST AT E SUNSET DR Yes No

SB WOBURN ST AT RIMLAND DR Yes No

WB BARKLEY BLVD AT ST PAUL ST No No

WB BARKLEY BLVD AT WOBURN ST No No

Page 3 of 49/8/2016 9:41 AM



http://www.cob.org/PublicAccess/SubdivisionSearch.aspx?OBKey__119_1=SP-2370-A

http://www.cob.org/PublicAccess/SubdivisionSearch.aspx?OBKey__119_1=SP-1787





https://www.cob.org/gov/council/Pages/gene-knutson.aspx

http://www.senate.gov/general/contact_information/senators_cfm.cfm?State=WA

http://clerk.house.gov/member_info/index.html

http://app.leg.wa.gov/DistrictFinder/default.aspx?District=42

http://www.co.whatcom.wa.us/council

http://www.cob.org

Bus stops within one-half mileDirection/Location Has Shelter Has Bench

WB E SUNSET DR AT WOBURN ST Yes No

DISCLAIMER: The City of Bellingham has compiled this information for its own use and is not responsible for any use of this information by others. The

information found herein is provided simply as a courtesy to the public and is not intended for any third party use in any official, professional or other

authoritative capacity. Persons using this information do so at their own risk and by such use agree to defend, indemnify and hold harmless the City of

Bellingham as to any claims, damages, liability, losses or suits arising out of such use.

Contact Whatcom County Assessors office for most recent parcel information. Phone: (360-676-6790) Web: http://www.co.whatcom.wa.us/assessor/

Visit the City of Bellingham's Policies and Disclaimers web page for additional information at http://www.cob.org/policies.aspx.

Page 4 of 49/8/2016 9:41 AM



http://www.co.whatcom.wa.us/assessor/

http://www.cob.org/policies.aspx

http://www.cob.org

Executive Summary3110 Woburn St, Bellingham, Washington, 98226 Prepared by EsriDrive Times: 5, 10, 15 minute radii Latitude: 48.77212

Longitude: -122.44605

5 minutes 10 minutes 15 minutesPopulation

2000 Population 12,129 54,486 89,9132010 Population 14,205 65,305 106,7692016 Population 14,762 68,337 112,1502021 Population 15,309 71,169 116,8262000-2010 Annual Rate 1.59% 1.83% 1.73%2010-2016 Annual Rate 0.62% 0.73% 0.79%2016-2021 Annual Rate 0.73% 0.82% 0.82%2016 Male Population 49.7% 49.8% 49.3%2016 Female Population 50.3% 50.2% 50.7%2016 Median Age 33.6 34.1 34.5

In the identified area, the current year population is 112,150. In 2010, the Census count in the area was 106,769. The rate of change since 2010 was 0.79% annually. The five-year projection for the population in the area is 116,826 representing a change of 0.82% annually from 2016 to 2021. Currently, the population is 49.3% male and 50.7% female.

Median Age

The median age in this area is 33.6, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 78.6% 82.0% 83.0%2016 Black Alone 1.5% 1.5% 1.4%2016 American Indian/Alaska Native Alone 1.6% 1.5% 1.5%2016 Asian Alone 7.6% 6.2% 5.8%2016 Pacific Islander Alone 0.4% 0.3% 0.2%2016 Other Race 4.7% 3.6% 3.4%2016 Two or More Races 5.5% 4.9% 4.7%2016 Hispanic Origin (Any Race) 11.3% 9.2% 8.5%

Persons of Hispanic origin represent 8.5% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.5 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 4,769 23,063 36,4822010 Households 5,903 27,975 44,7052016 Total Households 6,098 29,178 46,6902021 Total Households 6,309 30,353 48,5832000-2010 Annual Rate 2.16% 1.95% 2.05%2010-2016 Annual Rate 0.52% 0.68% 0.70%2016-2021 Annual Rate 0.68% 0.79% 0.80%2016 Average Household Size 2.41 2.27 2.28

The household count in this area has changed from 44,705 in 2010 to 46,690 in the current year, a change of 0.70% annually. The five-year projection of households is 48,583, a change of 0.80% annually from the current year total. Average household size is currently 2.28, compared to 2.27 in the year 2010. The number of families in the current year is 24,302 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

September 05, 2016

©2016 E sri Page 1 of 2

Executive Summary3110 Woburn St, Bellingham, Washington, 98226 Prepared by EsriDrive Times: 5, 10, 15 minute radii Latitude: 48.77212


5 minutes 10 minutes 15 minutesMedian Household Income

2016 Median Household Income $50,946 $47,014 $49,2702021 Median Household Income $53,760 $47,822 $50,1192016-2021 Annual Rate 1.08% 0.34% 0.34%

Average Household Income

2016 Average Household Income $66,130 $63,625 $66,7852021 Average Household Income $71,559 $68,635 $72,3722016-2021 Annual Rate 1.59% 1.53% 1.62%

Per Capita Income2016 Per Capita Income $27,106 $27,659 $28,4772021 Per Capita Income $29,249 $29,722 $30,7272016-2021 Annual Rate 1.53% 1.45% 1.53%

Households by IncomeCurrent median household income is $49,270 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $50,119 in five years, compared to $59,476 for all U.S. households

Current average household income is $66,785 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $72,372 in five years, compared to $84,021 for all U.S. households

Current per capita income is $28,477 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $30,727 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 5,015 24,271 38,4032000 Owner Occupied Housing Units 2,541 12,236 20,0602000 Renter Occupied Housing Units 2,228 10,827 16,4222000 Vacant Housing Units 246 1,208 1,921




Currently, 48.3% of the 49,634 housing units in the area are owner occupied; 45.8%, renter occupied; and 5.9% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 47,363 housing units in the area - 49.6% owner occupied, 44.8% renter occupied, and 5.6% vacant. The annual rate of change in housing units since 2010 is 2.10%. Median home value in the area is $341,264, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 1.71% annually to $371,444.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

September 05, 2016


Graphic Profile3110 Woburn St, Bellingham, Washington, 98226 Prepared by EsriDrive Time: 5 minute radius Latitude: 48.77212


2016 Population by Race2016 Population by Race

14,000

12,000

10,000

8,000

6,000

4,000

2,000

White Black Am.Ind. Asn/Pac Other Two+

78.6%

1.5% 1.6%8.0% 4.7% 5.5%

<55-1920-2425-3435-4445-5455-6465+

2016 Population by Age2016 Population by Age

6.4%

17.0%9.0%

19.9%

13.1%

11.6% 10.5%

12.4%

2016 Percent Hispanic Origin: 11.3%

HouseholdsHouseholds

7,0006,0005,0004,0003,0002,0001,000

0Census 2010 2016 2021

5,903 6,098 6,309

<$100K$100-199K$200-299K$300-399K$400-499K$500K+

2016 Home Value2016 Home Value

3.8%

9.7%

32.6%

29.4%

11.7%

12.9%

2016-2021 Annual Growth Rate2016-2021 Annual Growth Rate

Perc

ent

1.2

1

0.8

0.6

0.4

0.2


0.73 0.68

1.08

0.62

20162021

Household IncomeHousehold Income

Perc

ent

15

10

5

0<$15K $15K-$25K $25K-$35K $35K-$50K $50K-$75K $75K-$100K $100K-$150K $150K-$200K $200K+

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

September 05, 2016




2016 Population by Race2016 Population by Race70,000

60,000

50,000

40,000

30,000

20,000

10,000

0White Black Am.Ind. Asn/Pac Other Two+

82.0%

1.5% 1.5%6.5% 3.6% 4.9%

<55-1920-2425-3435-4445-5455-6465+


5.0%

15.4%

13.5%

17.3%

11.8%

11.3% 11.5%

14.1%



35,000

30,000

25,000

20,000

15,000

10,000

5,000

0Census 2010 2016 2021

27,975 29,178 30,353

<$100K$100-199K$200-299K$300-399K$400-499K$500K+


5.8%

9.5%

28.3%

28.2%

11.3%

16.8%


Perc

ent

1

0.8

0.6

0.4

0.2


0.82 0.79

0.34

0.65

20162021


Perc

ent

181614121086420



September 05, 2016




2016 Population by Race2016 Population by Race

110,000100,00090,00080,00070,00060,00050,00040,00030,00020,00010,000

0White Black Am.Ind. Asn/Pac Other Two+

83.0%

1.4% 1.5% 6.0% 3.4% 4.7%

<55-1920-2425-3435-4445-5455-6465+


4.6%

17.0%13.6%

15.4%

10.9%

11.1% 12.1%

15.2%



60,000

50,000

40,000

30,000

20,000

10,000

0Census 2010 2016 2021

44,705 46,690 48,583

<$100K$100-199K$200-299K$300-399K$400-499K$500K+


6.5%

9.4%

23.6%

25.2%

11.9%

23.3%


Perc

ent

1

0.8

0.6

0.4

0.2


0.82 0.80

0.34

0.67

20162021


Perc

ent

181614121086420



September 05, 2016
