12306 Mill Plain BlvdVancouver, WA 98684

Property Details for 12306 Mill Plain Blvd

Year built

1998

Construction

WOOD

Lot size

0.80 AC

Property size (Sq ft)

9,684 SF

Zone code

CC : VAN

Property type

Healthcare properties

Property subtype

Medical offices

APN

110286-074

APU

110286074

Description

This exceptional two-story Class B medical office building, totaling 8,000 square feet, presents a fantastic opportunity in Vancouver, Washington. Located at 12306 SE Mill Plain Blvd, 98684, this property boasts excellent visibility due to its prominent location directly on SE Mill Plain Blvd, with monument signage opportunities. Built in 1999, the building offers multiple tenancies, with 3,300 square feet currently available for lease. Individual suites range from 800 to 1,250 square feet, providing flexibility for various medical practices. The building features a 9-foot ceiling height throughout, creating a spacious and comfortable environment. Ample parking is provided with 36 shared spaces for tenants and their clients. The property is situated in Clark County and offers a convenient location for patients and staff alike. This is an ideal setting for medical professionals seeking a well-maintained, visible, and accessible office space in a thriving community. The available space provides a chance to establish or expand a medical practice in a prime location with excellent visibility and ample parking. Don't miss this opportunity to secure your space in this desirable medical office building.

• CAP approach

  CAP return

  Valuation

  6%

  $2,659,808

  6.5%

  $2,455,207

  7%

  $2,279,835

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,864,945

  Geo Method

  $1,864,945

• Alternative Use

  Use

  Valuation

  Residential

  $3,044,456

  Hospitality

  $2,788,706

  Educational

  $2,320,170

  Medical

  $2,399,965

  Retail

  $3,609,154

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6206

Longitude

-122.546

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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