5101 112Th AveVancouver, WA 98682

  • Retail properties
  • 1,155 SF
For Lease
$22/SF/YR View listing

Property Details for 5101 112Th Ave

Year built
2010
Construction
CONCRETE
Lot size
0.69 AC
Property size (Sq ft)
1,155 SF
Zone code
CC : VAN
Property type
Retail properties
Property subtype
Retail space
APN
986030-492
APU
986030492

Description

This exceptional Class A retail space, located at 5101 NE 112th Avenue in Vancouver, Washington, offers a fantastic opportunity for businesses seeking a prominent location in a thriving community. The property is zoned Community Commercial and boasts a total building size of 5,223 square feet, with a significant 2,283 square feet currently vacant and immediately available for lease. This space is part of a multi-tenant building, offering a dynamic and collaborative environment. The minimum leasable space is 1,135 square feet, while the maximum contiguous space available is 2,283 square feet, providing flexibility for businesses of varying sizes. The property's location in Clark County, Washington, with a 98682 zip code, ensures excellent visibility and accessibility. This is an ideal space for businesses seeking high-traffic exposure and a strong presence in a vibrant commercial area. The property's "A" class designation reflects its high-quality construction and modern amenities. Interested parties should inquire about lease terms and conditions. Don't miss this chance to secure a prime retail location in a rapidly growing market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $466,331
    6.5%
    $430,460
    7%
    $399,713
  • Comparable approach

    Method
    Valuation
    Relative Method
    $560,523
    Geo Method
    $560,523
  • Alternative Use

    Use
    Valuation
    Residential
    $363,109
    Hospitality
    $332,606
    Educational
    $276,724
    Medical
    $286,241
    Retail
    $430,460
5101 112Th Ave, Vancouver, Washington
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Location Insight

City
Vancouver
County
Clark
State
Washington
Latitude
45.6594
Longitude
-122.557
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,647
$104,616
$171,661
$276,277
-
$104,616
$171,661
$276,277

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