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About the Listing 5861 - 93307
Prime High Density Multifamily Development Opportunity Positioned for efficient infill development, this 16,988 square foot (0.39-acre) parcel offers a rare opportunity in Ferndale’s Residential Multifamily High (RMH) zone, allowing 15 or more units per acre and building heights up to 55 feet. The site features a functional, buildable footprint with approximately 78 feet of frontage and 247 feet of depth, providing flexibility for a well-designed multifamily project. Conceptual planning supports a three-story apartment development in the 9 to 10 unit range, totaling approximately 12,000 square feet, with parking in the range of 16 to 20 stalls achievable through an efficient site layout. This property is well suited for developers seeking a high-density infill opportunity with a clear path to development and flexibility in design, including townhomes, small-scale multifamily, or a hybrid concept. With minimal excess land and a layout that naturally supports development, this is a strong opportunity for builders targeting a clean, efficient, and profitable project. Buyer to verify all development potential, density, parking, and design requirements with the City of Ferndale.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: On Property
Exterior Details
- Lot Description: Paved,Sidewalk,Zoning: Commercial,Multi-Family
- Garage Capacity: N/A
- Zoning: Commercial,Multi-Family
- Roof:
- Others:
- Sewer: On Property
Financial Details
- Tax Amount: $2,022
- Taxes w/Assessments: N/A
- Tax/Property ID: 3902202302480000
- Tax Year: 2025
Payment Calculator
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Questions About..
5870 Portal Way Ferndale, WA 98248
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