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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Bars & Pubs
10713 117th Ave Vancouver, WA 98662-1513
Entity Owned
5-yr Hold
Free & Clear
Property ID
US90-1697223
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1978
Construction
WOOD
Total area
7,800 SF
Lot
4.99 ac (217,364 SF)
Zoning code
MX : CLK
APN
200181-000
UPID
US90-1697223
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
Current use
Occupant on record · Public records
-
Westminster Presbyterian Church Church
-
The Matson Building (Faith Center Church) Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Cosmopolitan LLC · 5 yrs held
Cosmopolitan LLC
since 2020
Last sale
$825,000
3 recorded transactions
Zoning & alternative use
MX : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$990,000
+48.9%
Commercial (general)
$825,000
+24.0%
Medical building
$825,000
+23.8%
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
$1,075,000
ML approach
$1,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NIGHTCLUB (COCKTAIL LOUNGE)
$665,000
Current use
RESTAURANT
$990,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$825,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$825,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $825k (Dec 2 2020)
Last sale anchor
$825k
Dec 2 2020
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
$108 / 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
$1,044
Tax year 2023
Assessed value
$1,050,100
Assessed 2023
Previous assessed
$954,600
+10.0% YoY
Effective rate
0.10%
On assessed value
Assessed land
$853,171
Assessed improvement
$196,929
Land market value
$853,171
Improvement market value
$196,929
Total market value
$1,050,100
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
SPACE
Stories
1
Total area
7,800 SF
Lot
4.99 ac (217,364 SF)
Zoning code
MX : CLK
APN
200181-000
UPID
US90-1697223
Jurisdiction
CLARK
Zoning & alternative use
MX : CLK · Vancouver, WAZoning MX : CLK · permitted uses
MX : CLK · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$665,000
RESTAURANT
Est. value
$990,000
COMMERCIAL (GENERAL)
Est. value
$825,000
MEDICAL BUILDING
Est. value
$825,000
NIGHTCLUB (COCKTAIL LOUNGE) Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1978
Construction
WOOD
Heating
SPACE
Stories
1
Lot
4.99 ac
Current owner
From public records · entity-resolved
Cosmopolitan LLC
Entity
Free & Clear · 5 yrs held
Mailing address
11608 NE 107TH ST, VANCOUVER, WA 98662-1567
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2020
—
Cosmopolitan LLC
Faith Ctr Fellowship Of Vancouver
Quit Claim Deed
related
—
Jun 12, 2018
$825,000
Faith Ctr Fellowship Of Vancou
Square Dance Center INC
Warranty Deed
$577,500 · Christian Cmnty Cu
—
—
Clark County Square Dance C
—
Deed Of Trust
related
$35,000 · Northwest National Bank
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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