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    Adaptable Development Site with Facility Title is generated by Realmo AI

    14219 Northeast 49th Street, Vancouver, WA 98682

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    For sale with an existing 16,512 SF facility and permitted uses supporting residential, retail, and community-oriented development.

    Type:Special Purpose
    Property size:
    16,514 SF
    Lot size:
    2.77 Acres
    Price / SF:
    $200/SF
    Added:
    Jun 18, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 24 at 3:42 am

    Property Features for 14219 Northeast 49th Street

    General Information

    Standard status
    Active
    Size
    16,514 SF
    Lot size
    2.77 Acres
    Property subtype
    Special Purpose

    Building Details

    Year Built
    198

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    Gabe Schnitzer

    Listing office CBRE - Portland

    Listing date Jun 18, 2026

    Source Crexi

    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 CBRE - Portland

    HighLights

    • 2.77‑acre site with an existing 16,512 SF facility in the Burnt Bridge Creek neighborhood of Vancouver, WA
    • Permitted uses include apartments, townhouses, local retail, recreational facilities, and educational development
    • Property is currently occupied; tours are by appointment only

    Overview

    The offering is a 2.77-acre site with an existing 16,512 SF facility. The property is currently occupied, so viewing is limited and appointments are required, with instructions not to disturb occupants. This is an adaptable development asset designed to support multiple concept directions based on the stated permitted use parameters.

    The site is located in the Burnt Bridge Creek neighborhood of Vancouver, WA. CBRE is marketing the property with permitted uses that include apartments, townhouses, local retail, recreational facilities, and educational development. That permitted-use range can support a variety of community-focused development plans on one consolidated parcel.

    For developers and operators, the combination of an existing facility and broad permitted uses may simplify concept planning when evaluating residential and community-oriented projects alongside limited local retail. Buyers seeking an occupied, adaptable site should plan tours by appointment only and factor in current occupancy when underwriting redevelopment or repositioning timelines.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $297.3k $18.00
    − Vacancy −$18.7k −$1.13
    EGI $278.5k $16.87
    − OpEx −$83.6k −$5.06
    NOI $195.0k $11.81
    16,514 SF · lease $18.00/SF/yr · vacancy 6.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.79M
    $2.44M – $3.25M (±1% cap)
    NOI $194,968 @ 7.0% cap · market cap 5.89%
    Second Best
    Apartment 5plus
    $2.74M
    $2.39M – $3.19M (±1% cap)
    NOI $191,554 @ 7.0% cap · market cap 5.79%
    Theoretical Best
    Office A
    $4.04M
    $3.54M – $4.71M (±1% cap)
    NOI $282,836 @ 7.0% cap · market cap 8.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    The Church of Jesus Christ ... Church

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.5261516
    Latitude
    45.6568025

    FAQs

    What type of property is this?
    Apartment building - For sale with an existing 16,512 SF facility and permitted uses supporting residential, retail, and community-oriented development.
    Where is this apartment building located?
    The property is located at 14219 Northeast 49th Street Vancouver, WA.
    What is the asking price?
    The asking price for this property is $3,310,000.
    What are key features of this property?
    This property features: 2.77‑acre site with an existing 16,512 SF facility in the Burnt Bridge Creek neighborhood of Vancouver, WA; Permitted uses include apartments, townhouses, local retail, recreational facilities, and educational development; Property is currently occupied; tours are by appointment only
    (503) 200-9216 Call to check price and availability
    More about this property
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