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Property profile & analytics
OFF-MARKET
Estimated value
$11,350,000
Motels
1805 192nd Ave Camas, WA 98607-7445
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1838347
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2017
Construction
WOOD
Total area
44,010 SF
Lot
1.31 ac (57,064 SF)
Zoning code
CC : VAN
APN
986029-207
UPID
US90-1838347
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Holiday Inn Express & Suites Camas- Vancouver, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.35M
Owner & transaction history
Wj T And K INC · 4 yrs held
Wj T And K INC
since 2022
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
CC : VAN · Camas, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.1M
+278.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Camas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,160,000
ML approach
$9,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,075,000
Change: +278% · Conversion: Difficult
Blend value · Realmo final
$11.35M
Range $10.22M – $12.49M · ±10% · vs last sale $12.50M (Jul 5 2022)
Last sale anchor
$12.50M
Jul 5 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$258 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$85,785
Tax year 2023
Assessed value
$8,992,000
Assessed 2023
Previous assessed
$6,997,700
+28.5% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,227,177
Assessed improvement
$7,764,823
Land market value
$1,227,177
Improvement market value
$7,764,823
Total market value
$8,992,000
Applied tax rate
10,143.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
HEAT PUMP
Stories
4
Total area
44,010 SF
Lot
1.31 ac (57,064 SF)
Zoning code
CC : VAN
APN
986029-207
UPID
US90-1838347
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Camas, WA
Zoning CC : VAN · permitted uses
CC : VAN · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$7.1M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
WOOD
Heating
HEAT PUMP
Stories
4
Lot
1.31 ac
Current owner
From public records · entity-resolved
Wj T And K INC
Entity
Mailing address
95 NE STENMAN LN, POULSBO, WA 98370-9340
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
$12,500,000
Wj T And K INC
192nd Station Holdings North LLC
Warranty Deed
$8,000,000 · Oregon Community Cu
Feb 2, 2018
—
192nd Stn Holdings North LLC
—
Deed
related
$8,700,000 · Access Pt Fin'l
Jan 31, 2018
—
192nd Stn Holdings North LLC
—
Deed
related
$8,700,000 · Access Pt Fin'l
Nov 9, 2017
—
192nd Stn Holdings North LLC
—
Grant Deed
related
$10,000,000 · Han Investments LLC
Oct 9, 2017
—
192nd Station Holdings North LLC
—
Deed
related
$1,000 · Access Point Financial INC
Sep 15, 2017
—
192nd Stn Holdings North LLC
—
Deed
related
$1,000 · Access Pt Fin'l
Jul 24, 2017
$1,000,000
Kd Tbob LLC
Tbob LLC
Grant Deed
—
Dec 19, 2016
—
192nd Station Holdings North LLC
—
Deed
related
$850,000 · Alpine Holdings Group LLC
Apr 30, 2014
—
192nd Avenue Stn Invtrs II LLC
192nd Avenue Stn Invtrs LLC
Quit Claim Deed
related
—
Jan 31, 2013
—
192nd Stn Holdings South LLC
—
Deed Of Trust
related
$1,530,000 · Red Canoe Cu
Oct 3, 2012
—
192nd Stn Holdings North LLC
—
Deed Of Trust
related
—
Feb 7, 2012
$1,850,000
Tbob LLC
192nd Avenue Stn Invtrs LLC
Grant Deed
related
—
—
—
192nd Stn Holdings North LLC
—
Loan Modification
related
$8,700,000 · Access Pt Fin'l
—
—
192nd Stn Holdings North LLC
—
Loan Modification
related
$8,700,000 · Access Pt Fin'l
—
—
192nd Stn Holdings North LLC
—
Deed Of Trust
related
$1,000 · Access Pt Fin'l
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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