705 Park Crest AveVancouver, WA 98683

Property Details for 705 Park Crest Ave

Year built

1989

Construction

WOOD

Lot size

3.87 AC

Property size (Sq ft)

48,580 SF

Zone code

CC : VAN

Property type

Retail properties

Property subtype

Strip malls

APN

167674-000

APU

167674000

Description

This exceptional retail opportunity, Mill Plain Center, is located at 705 SE Park Crest Ave, Vancouver, WA 98683. The property boasts a total of 47,117 square feet, with 4,540 square feet currently available for lease. The building, constructed in 1989, sits on a generous 19.4-acre lot and offers ample parking with 473 spaces. The flexible space is ideal for a variety of uses, including automotive, retail, or office, reflecting its C3 zoning. Currently, there are two available spaces ranging from 600 to 1,870 square feet, perfect for smaller businesses seeking high visibility. The center enjoys a prime location in East Clark County, directly off Mill Plain Boulevard, providing excellent access to major transportation routes. Commuters benefit from its proximity to Interstate 205 (10 minutes) and Portland International Airport (15 minutes). This makes Mill Plain Center an attractive location for businesses seeking high foot traffic and convenient access for customers and employees alike. The multiple tenancy structure offers a diverse and vibrant atmosphere. This property presents a compelling investment opportunity in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $19,614,184

  6.5%

  $18,105,402

  7%

  $16,812,158

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,575,952

  Geo Method

  $23,575,952

• Alternative Use

  Use

  Valuation

  Residential

  $15,272,583

  Hospitality

  $13,989,604

  Educational

  $11,639,187

  Medical

  $12,039,476

  Retail

  $18,105,402

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6164

Longitude

-122.522

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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