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Property profile & analytics
OFF-MARKET
Banks
10 48th Pl Ridgefield, WA 98642-7782
Individually Owned
6-yr Hold
Free & Clear
Property ID
US90-3177453
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2020
Construction
STEEL FRAME
Total area
2,714 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CCB : RGF
APN
213968-000
UPID
US90-3177453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Columbia Cmnty Cu · 6 yrs held
Columbia Cmnty Cu
since 2019
7 recorded transactions
Zoning & alternative use
CCB : RGF · Ridgefield, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ridgefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgefield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,421
Tax year 2023
Assessed value
$1,375,528
Assessed 2023
Previous assessed
$1,250,480
+10.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$487,025
Assessed improvement
$888,503
Land market value
$487,025
Improvement market value
$888,503
Total market value
$1,375,528
Applied tax rate
10,319.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
2,714 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CCB : RGF
APN
213968-000
UPID
US90-3177453
Jurisdiction
CLARK
Zoning & alternative use
CCB : RGF · Ridgefield, WA
Zoning CCB : RGF · permitted uses
CCB : RGF · Ridgefield, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgefield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
STEEL FRAME
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Columbia Cmnty Cu
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 324, VANCOUVER, WA 98666-0324
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2019
$400,000
Columbia Cmnty Cu
Discovery Ridge LLC
Warranty Deed
—
Aug 16, 2019
—
Department Of Transportation
Discovery Ridge LLC
Warranty Deed
—
Aug 2, 2019
—
Discovery Ridge LLC
Port Of Ridgefield
Warranty Deed
$2,339,200 · Gesa Cu
Apr 15, 2010
—
Port Of Ridgefield
Bank Of Clark Cnty
Grant Deed
—
Sep 30, 2008
—
Bank Of Clark County
Ridgecrest Properties LLC
Deed In Lieu Of Foreclosure
related
—
Dec 21, 2006
$195,000
Ridgecrest Properties LLC
Koethe,samuel
Warranty Deed
—
Aug 6, 2003
$140,000
Samuel Koethe
Koethe,joel R & Kathleen L
Grant Deed
related
$146,537 · Washington Mutual Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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