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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Medical Office Space
10007 117th Ave 20, Vancouver, WA 98662-1504
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US90-0533379
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
WOOD
Total area
5,038 SF
Lot
1.66 ac (72,310 SF)
Zoning code
CC : CLK
APN
200078-000
UPID
US90-0533379
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
$1.54M
CAP Approach
CAP
$995k
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.61M
Owner & transaction history
Pdc Realty LLC · 4 yrs held
Pdc Realty LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+20.9%
Retail stores
$1.6M
+16.6%
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 Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver 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
Method
Estimation
Statistic approach
$1,590,000
ML approach
$1,540,000
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,380,000
Current use
RESTAURANT
$1,670,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$1,610,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,230,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,195,000
Change: -14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,160,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10% · vs last sale $1.65M (Oct 25 2021)
Last sale anchor
$1.65M
Oct 25 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$320 / SF
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
$8,272
Tax year 2023
Assessed value
$1,113,200
Assessed 2023
Previous assessed
$1,012,000
+10.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$546,194
Assessed improvement
$567,006
Land market value
$546,194
Improvement market value
$567,006
Total market value
$1,113,200
Applied tax rate
10,284.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
OTHER
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
4
Total area
5,038 SF
Lot
1.66 ac (72,310 SF)
Zoning code
CC : CLK
APN
200078-000
UPID
US90-0533379
Jurisdiction
CLARK
Zoning & alternative use
CC : CLK · Vancouver, WA
Zoning CC : CLK · permitted uses
CC : CLK · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
MEDICAL BUILDING Current
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
4
Lot
1.66 ac
Current owner
From public records · entity-resolved
Pdc Realty LLC
Entity
Mailing address
10001 NE 117TH AVE, VANCOUVER, WA 98662-1504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Oct 25, 2021
$1,650,000
Pdc Realty LLC
Kjet Realty LLC
Warranty Deed
$1,320,000 · Columbia State Bank
Dec 23, 2020
—
Kjet Realty LLC
—
Deed
related
$700,000 · Columbia Community Cu
Apr 20, 2016
$800,100
Kjet Realty LLC
Warren Family Trust
Warranty Deed
$800,000 · Warren Family Trust (pt)
Sep 26, 1996
—
Warren Trust
—
Grant Deed
related
$879,000 · Money Store Investment Corp
Jun 28, 1996
$345,000
Warren Trust
Lehner,paul J & Cheryl L
Grant Deed
—
—
—
Paul Lehner
—
Deed Of Trust
related
$50,000 · First Independent
—
—
Warren,tr
—
Deed Of Trust
related
$788,000 · Us Bank NA
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.
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