Prime Location in Freeland. Solid businesses occupies two spaces Farmer Insurance and Chicago Title & Escrow. There is one 500 square foot office that is will be leased beginning of May. The going rate for this space is $2.00 per square foot. Occupied it adds $12,000 per year in income. Cap rate is 8%. This is a great investment property.
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Freeland is located in Washington. Freeland, Washington has a population of 1,997. Freeland is more family-centric than the surrounding county with 28.84% of the households containing married families with children. The county average for households married with children is 26.09%.
The median household income in Freeland, Washington is $78,872. The median household income for the surrounding county is $75,628 compared to the national median of $69,021. The median age of people living in Freeland is 54.6 years.
The average high temperature in July is 73.2 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 23.1 inches per year, with 2.1 inches of snow per year.