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    4800 Camas Meadows Dr Camas, WA 98607
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    4800 Camas Meadows Dr Camas, WA 98607

    View on Map
    • Office Spaces
    • 27,820 SF
    • 2.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lightfleet Corporation / Business To Business Service / Laboratory
    • Medvisor / Dental Office
    • Intelitech Group / (Bike/Boat/Book/etc) Store / Corporate Office
    • Marc Pitcher - Home Loans - Vancouver - NMLS#83336 / Loan Service / Bank
    • Marc Pitcher, Barrett Financial Group / Loan Service / Bank

    Property Details for 4800 Camas Meadows Dr

    Lot size
    2.00 lot acres
    Property size
    27,820 SF
    Property type
    Office Spaces

    Description

    This exceptional two-story Class B executive office building, situated on two acres in Camas, Washington, presents a compelling investment opportunity. Boasting 27,820 square feet of space, this property is priced at $6,815,900, or $245 per square foot. Currently at 21% occupancy, there's significant potential for increased revenue with 22,100 square feet available for lease. The building features ample parking (4.43 spaces per 1,000 square feet), a convenient loading dock serving the first-floor space, and a common area conference room. Its prime location on Camas Meadows Drive is enhanced by a prominent monument sign, ensuring high visibility. This property is ideally suited for an owner-user seeking a headquarters location, offering a blend of existing tenancy and significant expansion potential. The building's features, combined with its strategic location in Clark County, WA, make it an attractive investment prospect below replacement value. The zip code is 98607.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Camas
    County
    Clark
    State
    Washington
    Longitude
    -122.46
    Latitude
    45.6291

    Comparable in this City

    • Value Estimation
      $835,000
      3,838 SF

      413 3rd Ave

      OFFICE (GENERAL) • 3,838 SF
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    • Value Estimation by Request
      1,088 SF

      413 Everett St

      OFFICE (GENERAL) • 1,088 SF
      413 Everett St, Camas, WA 98607-2116
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    • Value Estimation
      $1,210,000
      10,764 SF

      1554 3rd Ave

      OFFICE (GENERAL) • 10,764 SF
      1554 3rd Ave, Camas, WA 98607-1415
      View Details
    • Value Estimation
      $31,530,000
      201,625 SF

      4275 Pacific Rim Blvd, Unit 30HM

      OFFICE (GENERAL) • 201,625 SF
      4275 Pacific Rim Blvd, Camas, WA 98607-8801
      View Details
    • Value Estimation
      $855,000
      16,634 SF

      3517 Camas Mdws Dr

      OFFICE (GENERAL) • 16,634 SF
      3517 Camas Mdws Dr, Camas, WA 98607-6601
      View Details
    • Value Estimation
      $1,125,000
      5,320 SF

      532 3rd Ave

      OFFICE (GENERAL) • 5,320 SF
      532 3rd Ave, Camas, WA 98607-2171
      View Details

    Similar Nearby for Sale

    • $1,125,000

      Camas Land for Sale

      Land available in Camas, Washington.
      3003 NW 13Th Cir, Camas, WA 98607
      View Details
    • $339,000
      0.32 Acres

      Premium Greenbelt Homesite in Camas

      Generous lot to build a custom home in desirable Camas.
      2508 SW 6Th Ave, Camas, WA 98607
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    • $475,000
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      Camas Land with Mountain Views

      Two-acre parcel with mountain views, well, and approved perc test.
      NE 43Rd Cir, Camas, WA 98607
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    • $569,990
      1,891 SF

      Camas Duplex Investment Opportunity

      Well-maintained duplex in Camas with strong rental history.
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    • $475,000
      2.05 Acres

      Camas Land with Mountain Views

      Two-acre parcel in Camas with mountain views, well, perc test.
      NE 43Rd Cir, Camas, WA 98607
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    • $425,000
      0.37 Acres

      Camas Land with River Views

      Land in Camas with Columbia River views, build opportunity.
      560 NW Brady Rd, Camas, WA 98607
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space in Columbia Palisades

      Office space for lease in a luxury lifestyle community.
      SE Brady Rd, Camas, WA 98607
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    • Contact for pricing

      Camas Office/Retail Space Available

      Office and retail spaces available for rent in Camas.
      1905 SE 192Nd Ave, Camas, WA 98607
      View Details
    • $19 SF/Yr

      Camas Flex Office Space

      Two-story flex/office space in Camas Meadows Business Park.
      4800 NW Camas Meadows Dr, Camas, WA 98607
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Tailored office spaces with comprehensive services and global network access.
      2005 SE 192Nd Ave, Camas, WA 98607
      View Details
    • $27 SF/Yr

      Downtown Camas Office Space Available

      Office space for rent in downtown Camas, Washington.
      222 NE Everett St, Camas, WA 98607
      View Details
    • $37 SF/Yr

      Camas Office Space with Views

      Office space for lease in Camas, Washington with river views.
      SE Brady Rd, Camas, WA 98607
      View Details
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    Camas, WA 98607
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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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    4800 Camas Meadows Dr, Camas, WA, 98607
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