Professionally Remodeled Office
For Sale
$695,000
1316 NE 99TH ST, Vancouver, WA 98665
Remodeled office building with private entrance, six offices, reception, conference room, kitchenette, and two restrooms.
Property Size1,610 SF
Days on Market371
Property Features for 1316 NE 99TH ST
General Information
Standard status
Active
Size
1,610 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Office Units
9
Taxes and HOA fees
Annual Taxes
$3,711
Building Details
Building Size
1,610 SF
Year Built
1951
Listing Agency:
Opportunities W/ Venture CRE
Listed By:
Lyle Stratton · License #861100172
(520) 909-4424
Source:
Currangrouprealtors
Added: Oct 20, 2025
Changed: Oct 10
Last Checked: Oct 24 at 11:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Opportunities W/ Venture CRE
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Investment Insights
Based on property information with market context.
Professionally remodeled office building with a modern interior layout designed for flexible work settings. The space includes six private offices, two larger team offices, a reception area, a conference room, a kitchenette, and two restrooms. The property also offers a private entrance and a separate lockable suite with its own restroom.
The building is described as having high traffic count and easy access to I-5, supporting day-to-day visibility and convenient arrival.
Overall, the configuration provides both individual office space and shared team areas, with dedicated reception and meeting space for client-facing use.
The building is described as having high traffic count and easy access to I-5, supporting day-to-day visibility and convenient arrival.
Overall, the configuration provides both individual office space and shared team areas, with dedicated reception and meeting space for client-facing use.
Key Highlights
- Professionally remodeled office building with 6 private offices, 2 larger team offices, reception, and conference room
- Private entrance plus separate lockable suite with its own restroom
- Includes kitchenette and 2 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,735
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,700
$414.7K
Cap Rate 7%
$296,214
$296.2K
Cap Rate 9%
$230,389
$230.4K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$29.8K $18.48/SF
− Vacancy
−$2.1K −$1.31/SF
EGI
$27.6K $17.17/SF
− OpEx
−$6.9K −$4.29/SF
NOI
$20.7K $12.88/SF
Area
Vancouver, WA
Vacancy
7.08%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,700
Cap Rate 7%
$296,214
Cap Rate 9%
$230,389
Alternative Uses
Best Use
Office B
$296.2K
$259.2K – $345.6K
NOI $20,735 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.9K
$344.7K – $459.6K
NOI $27,574 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
9
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,128
Businesses Nearby
Explore this area
Business Placement
Demographics for 98665, WA
28,780
Population
11,894
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,889
Density / Sq Mi
$83,750
Median Household Income
$46,000
Median Earnings
$1,678
Median Rent
$447,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Remodeled office building with private entrance, six offices, reception, conference room, kitchenette, and two restrooms.
Where is this office unit located?
The property is located at 1316 NE 99TH ST Vancouver, WA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Professionally remodeled office building with 6 private offices, 2 larger team offices, reception, and conference room; Private entrance plus separate lockable suite with its own restroom; Includes kitchenette and 2 restrooms
