5601 18Th StVancouver, WA 98661

  • Mixed-use properties
  • 9,600 SF
For Lease
$15.96/SF/YR View listing

Property Details for 5601 18Th St

Year built
2000
Construction
STEEL FRAME
Lot size
0.66 AC
Property size (Sq ft)
9,600 SF
Zone code
IL : VAN
Property type
Mixed-use properties
Property subtype
Other industrial properties
APN
029468-000
APU
29468000

Description

This exceptional 1,200 square foot warehouse space, located at 5601 E 18th St, Suite 203, Vancouver, WA 98661, is now available. The property is classified as industrial, featuring a single-tenant occupancy. Key features include a convenient roll-up door for easy loading and unloading, a dedicated office space for administrative needs, and a private bathroom for employee convenience. The warehouse is part of an established complex, offering a secure and professional environment. The monthly rent is $1,600, with an additional $35 monthly fee covering water and sewer services. Tenants are responsible for electricity, gas, and heater maintenance. Ample parking is available in a large, shared parking lot. This prime location offers excellent business accessibility and visibility. The property is immediately available, with occupancy starting September 1st, 2024. This is an ideal space for businesses seeking a functional and well-maintained warehouse in a thriving commercial area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,269,553
    6.5%
    $3,018,048
    7%
    $2,802,474
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,865,590
    Geo Method
    $2,865,590
  • Alternative Use

    Use
    Valuation
    Residential
    $3,018,048
    Hospitality
    $2,764,516
    Educational
    $2,300,045
    Medical
    $2,379,147
    Retail
    $3,577,848
5601 18Th St, Vancouver, Washington
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Location Insight

City
Vancouver
County
Clark
State
Washington
Latitude
45.6348
Longitude
-122.614
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
$10,955
$252,997
$920,003
$1,173,000
-
$252,997
$920,003
$1,173,000

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