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    201 NE Park Plaza Dr, Vancouver, WA 98684

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    Office space for lease at NE Park Plaza Dr, Vancouver.

    Type:Office
    Added:
    Sep 11, 2021
    Days on Market:
    1725
    Last Refresh:
    May 12 at 8:01 pm

    Property Features for 201 NE Park Plaza Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1995

    Spaces For Lease

    at 201 NE Park Plaza Dr Contact us

    Building III, Suite 220 $27/Mo

    Size
    4,020 SF
    Type
    Office
    Warm ShellnRental rate $27/RSF full service gross
    Contact us

    Park Tower IV Suite 208 $27/Mo

    Size
    1,676 SF
    Type
    Office
    4 offices, conference room, open office areanAvailable October 2026nRental rate $27/RSF...
    show more
    Contact us

    Building Addition, Suite 195 $27/Mo

    Size
    7,040 SF
    Type
    Office
    9 offices, large conference room, kitchen, open office area, storage, reception area.nRental...
    show more
    Contact us

    Building II, Suite 290 $27/Mo

    Size
    5,148 SF
    Type
    Office
    9 offices, conference room, huddle room, breakroom, workroom, training room, reception...
    show more
    Contact us

    Building I, Suite 240 $27/Mo

    Size
    3,540 SF
    Type
    Office
    9 offices, large conference room, breakroom, open office area, workroomnRental rate...
    show more
    Contact us

    Building V Suite 110 $27/Mo

    Size
    2,274 SF
    Type
    Office
    5 offices, conference room, breakroom, server room, reception area. nAvailable April...
    show more
    Contact us

    Building III, Suite 103 $27/Mo

    Size
    700 SF
    Type
    Office
    Open office area with large window line.nRental rate $27/RSF full service gross
    Contact us

    Building Addition, Suite 167 $27/Mo

    Size
    7,101 SF
    Type
    Office
    8 offices, 2 conference rooms, huddle room, breakroom, open office area, workroom,...
    show more
    Contact us

    Building V, Suite 120 $27/Mo

    Size
    4,416 SF
    Type
    Office
    8 offices, conference room, breakroom, workroom, closet, reception, open office areanRental...
    show more
    Contact us

    Building V, Suite 200 $27/Mo

    Size
    3,585 SF
    Type
    Office
    5 offices, 2 conference rooms, breakroom, workroom, closet, reception, open office...
    show more
    Contact us

    Building III, Suite 120 $27/Mo

    Size
    3,620 SF
    Type
    Office
    5 offices, breakroom, copy room, storage room, reception, open office area.nRental...
    show more
    Contact us

    Building 2 suite 230 $27/Mo

    Size
    3,033 SF
    Type
    Office
    7 offices, conference room, breakroom, work room, reception. Available June 2026...
    show more
    Contact us

    Building 3 suite 111 $27/Mo

    Size
    1,231 SF
    Type
    Office
    Prior medical office space. 3 o ices, breakroom, private restroom, storage and reception...
    show more
    Contact us

    Building 3 suite 125 $27/Mo

    Size
    3,884 SF
    Type
    Office
    11 offices, conference room, breakroom, storage room, reception. AvailablenDecember...
    show more
    Contact us

    Building 3 suite 130 $27/Mo

    Size
    1,988 SF
    Type
    Office
    Open office area. Available July 2026.nAvailable July 2026nRental rate $27/RSF full...
    show more
    Contact us

    Park Tower II Suite 105 $27/Mo

    Size
    1,395 SF
    Type
    Office
    5 offices, closets, reception. Available July 2026
    Contact us

    Building 1, Suite 250 $27/Mo

    Size
    2,766 SF
    Type
    Office
    7 offices, breakroom, storage room, reception. Available August 2026.
    Contact us

    Building 3, Suite 127 $27/Mo

    Size
    2,174 SF
    Type
    Office
    5 offices, conference room, breakroom, storage, server closet, open office area....
    show more
    Contact us
    Show more

    We can help!

    Listing Contact
    Alison Vaughan

    Listing agent Alison Vaughan License #137614

    Listing office CBRE - Portland

    Listing date Sep 11, 2021

    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

    • For lease
    • Year Built: 1995

    Overview

    This commercial real estate property offers office spaces for lease at NE Park Plaza Dr in Vancouver, Washington.
    Property Profile Location Intelligence

    Current Use by Public Records

    Guild Mortgage Company Loan Service Forensic Accounting Corp Accounting Firm Kristina DeVore Law ... Law Firm Finance of America Mortgage ... Loan Service Guild Mortgage - Leslie ... Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

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    • USLinkPro Computer & Network Service — 108 SE 124th Ave STE 11, Vancouver, WA 98684
    • SecurityBreach — 6420 SE McGillivray Blvd Apt 167, Vancouver, WA 98683

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.5392418
    Latitude
    45.6224812

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    FAQs

    What type of property is this?
    Office space - Office space for lease at NE Park Plaza Dr, Vancouver.
    Where is this office space located?
    The property is located at 201 NE Park Plaza Dr Vancouver, WA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: For lease; Year Built: 1995
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Alison Vaughan
    Real Estate License ID: 137614
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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