Property profile

10018 Northeast 72Nd Ave Vancouver, WA 98686

FOR LEASE
Flex space
Property ID
US90-1746273
158,472 SF 6.49 ac lot Built 2007
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Vancouver, WA industrial property, part of the Barberton Industrial Park, offers a prime location and flexible warehouse space. Building 1, constructed in 2007, boasts a total of 158,496 square feet across two suites, with 108,029 square feet currently vacant. The minimum divisible space is 28,800 square feet, allowing for various tenant needs. The single-story building features a 30-foot ceiling height, providing ample vertical storage capacity. Loading is facilitated by 24 dock-high doors and 10 drive-in doors. The property is zoned IL and situated in Clark County, offering easy access to major transportation arteries. Its strategic location provides convenient access to Interstate 205 (3 minutes away) and Interstate 5 (7 minutes away), placing it within close proximity to Downtown Vancouver (8 miles), Portland International Airport (12.6 miles), and Downtown Portland (17 miles). This warehouse space is ideal for distribution and various industrial operations. The entire park comprises approximately 204,040 square feet across three buildings.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2007
Construction STEEL FRAME
Total area 158,472 SF
Lot 6.49 ac (282,704 SF)
Zoning code IL : CLK
APN 199071-002
UPID US90-1746273

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

10018 Northeast 72Nd Ave Vancouver, WA 98686
Vancouver metro Census 40812 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$22.03M
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.33M

Owner & transaction history

since 2021
Last sale
$20.0M
2 recorded transactions
2021
$20.0M
2006
Price N/A

Zoning & alternative use

IL : CLK · Vancouver, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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