7604 Hazel Dell AveVancouver, WA 98665

Property Details for 7604 Hazel Dell Ave

Year built

1969

Construction

CONCRETE

Lot size

0.29 AC

Property size (Sq ft)

14,256 SF

Zone code

CC : CLK

Property type

Office properties

Property subtype

Other office properties

APN

148094-000

APU

148094000

Description

This exceptional Vancouver, WA commercial property, Lakeshore Crossing, presents a unique investment opportunity. Located at 7604 NE Hazel Dell Ave, 98665, this 2.3-acre site boasts 405 feet of high-visibility frontage on NE Hazel Dell Ave. The property comprises three buildings, constructed in 1969, and is zoned Community Commercial (CC), offering versatile usage potential. Currently, there are eight available office spaces ranging from 600 to 1,600 square feet, ideal for a variety of businesses. The multiple tenancy structure allows for flexibility and diverse income streams. The property's prime location in Vancouver, Washington, provides excellent access to major transportation routes and a thriving local market. This is a rare chance to acquire a well-established commercial property with significant development potential in a desirable area. The existing buildings offer immediate income generation, while the expansive lot size and favorable zoning provide opportunities for future expansion or redevelopment. Serious inquiries are encouraged to explore this compelling investment opportunity further. Detailed financial information and property plans are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $3,915,553

  6.5%

  $3,614,356

  7%

  $3,356,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,745,420

  Geo Method

  $2,745,420

• Alternative Use

  Use

  Valuation

  Residential

  $4,481,802

  Hospitality

  $4,105,307

  Educational

  $3,415,567

  Medical

  $3,533,034

  Retail

  $5,313,104

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6775

Longitude

-122.669

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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