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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Assisted living facilities
10800 109th Ave Vancouver, WA 98662-3371
Individually Owned
5-yr Hold
Property ID
US90-1785585
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2011
Total area
2,946 SF
Lot
0.12 ac (5,286 SF)
Zoning code
R1-5 : CLK
APN
986029-233
UPID
US90-1785585
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
-
Resurrection Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$505k
Owner & transaction history
Abebe M Gobeze · 5 yrs held
Abebe M Gobeze
since 2021
Last sale
$519,000
4 recorded transactions
Zoning & alternative use
R1-5 : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$810,000
+40.9%
Commercial (general)
$700,000
+21.8%
Neighborhood: shopping center
$680,000
+18.5%
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
$500,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$575,000
Current use
MEDICAL BUILDING
$810,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$700,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$610,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $519k (Jun 2 2021)
Last sale anchor
$519k
Jun 2 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
$171 / 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
$4,629
Tax year 2023
Assessed value
$602,024
Assessed 2023
Previous assessed
$558,570
+7.8% YoY
Effective rate
0.77%
On assessed value
Assessed land
$162,500
Assessed improvement
$439,524
Land market value
$162,500
Improvement market value
$439,524
Total market value
$602,024
Applied tax rate
10,286.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2011
Heating
FORCED AIR
Cooling
YES
Stories
2
Bathrooms
3
Total area
2,946 SF
Lot
0.12 ac (5,286 SF)
Zoning code
R1-5 : CLK
APN
986029-233
UPID
US90-1785585
Jurisdiction
CLARK
Zoning & alternative use
R1-5 : CLK · Vancouver, WA
Zoning R1-5 : CLK · permitted uses
R1-5 : 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$575,000
MEDICAL BUILDING
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$700,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$610,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2011
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
Abebe M Gobeze
Individual
Mailing address
10800 NE 109TH AVE, VANCOUVER, WA 98662-3371
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
$519,000
Abebe M Gobeze
Raymond C Cooper
Warranty Deed
$484,500 · Nations Direct Mortgage LLC
Nov 16, 2016
—
Raymond C Cooper
—
Deed
related
$226,300 · Academy Mortgage Corp
Apr 2, 2013
$236,000
Raymond C Cooper
Estes,justin L
Warranty Deed
$231,725 · Academy Mortgage Corp
Jan 13, 2012
$215,180
Justin Lavere Estes
Pacific Shores Jl Cc Wa 2010 LLC
Warranty Deed
$212,164 · Alaska USA Mortgage Co LLC
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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