Entity Owned 
For Sale
Contact for pricing
2300 E 3Rd Loop, Vancouver, WA 98661
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Property summary
AI-generated overview
This exceptional coworking space, located at 2300 E 3rd Loop in Clark County, offers 2,261 square feet of immediately available office space. Situated just north of Highway 14, between I-5 and I-205, this location provides unparalleled convenience and accessibility for both Portland and Vancouver residents. The property boasts a fantastic layout, featuring four private offices, a dedicated conference room, a sizable 10' x 9' roll-up door, and ample open work areas, perfect for collaborative environments. Suite 100 is ready for immediate occupancy, offering 2,261 rentable square feet at a lease rate of $15.00 per square foot, plus NNN charges. The building offers a parking ratio of four spaces per 1,000 square feet, ensuring convenient parking for tenants and their clients. This is a rare opportunity to secure a well-designed, conveniently located coworking space in a thriving area. The property is classified as an office building with multiple tenancy and is ideal for businesses seeking a modern and functional workspace with easy access to major transportation arteries. Don't miss this chance to establish your business in this highly desirable location.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2012
Construction
CONCRETE
Total area
18,000 SF
Lot
1 ac (43,560 SF)
Zoning code
IL : VAN
APN
033832-005
UPID
US90-1508868
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company
-
Pharmacy
-
Land Surveyor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.71M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$3.04M
Owner & transaction history
since 2017
4 recorded transactions
Zoning & alternative use
IL : VAN · Vancouver, WA
Top alternative use upside
Medical building
$4.9M
+8.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.04M
Value range
$2.73M – $3.34M
±10% around blend
Estimated value / SF
$169 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
Income certainty
100
$2.73M
blend $3.04M
$3.34M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
18,000 SF
Lot area
1 ac
Year built
2012
Stories
2
APN
033832-005
Zoning
IL : VAN
Assessed value
$3,485,100
Annual tax
$32,526
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.71M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.02M
@ 6.5% CAP return
$3.71M
@ 7% CAP return
$3.44M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$32,526
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$6.89M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.8 mi away · 12,600 SF
21.3 mi away · 15,392 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.04M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 19 sales
$254
-34%
Submarket 131 sales
$237
-29%
County 165 sales
$243
-31%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $169/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+8%
vs current-use indication
Commercial (general) · current use
Industrial (general)
Neighborhood: Shopping Center
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.68%
Selected cap rate for this office spaces
Derived from the Vancouver market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.68%
9.0%
NOI (est.)
$232k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.95M
Move the market yield to see immediate price impact.
Value / SF
$275
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.18%4.68%5.18%
$209k
$4.99M
$4.46M
$4.03M
$232k
$5.55M
$4.95M
$4.48M
$255k
$6.10M
$5.45M
$4.92M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$6.90M
5.0 mi · Jan 2026 · $429/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,526
Tax year 2023
Assessed value
$3,485,100
Assessed 2023
Previous assessed
$3,168,300
+10.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$335,412
Assessed improvement
$3,149,688
Land market value
$335,412
Improvement market value
$3,149,688
Total market value
$3,485,100
Applied tax rate
10,000.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
2012
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Total area
18,000 SF
Lot
1 ac (43,560 SF)
Zoning code
IL : VAN
APN
033832-005
UPID
US90-1508868
Jurisdiction
CLARK
Zoning & alternative use
IL : VAN · Vancouver, WAZoning IL : VAN · permitted uses
IL : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Lot
1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IL : VAN
Jurisdiction
Vancouver, WA
Recorded code
IL : VAN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL : VAN in Vancouver, WA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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