Property profile

109 65th Ave 37 Ridgefield, WA 98642

OFF-MARKET
Retail space
Property ID
US90-0593610
20,491 SF 2.11 ac lot Built 2001
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Tri-Mountain Station, located at 109 S 65th Ave in Ridgefield, Washington, presents a unique opportunity for businesses seeking retail space in Clark County. This expansive commercial property boasts a total of 156,645 square feet across twelve individual suites, all currently vacant and ready for immediate occupancy. The flexible space allows for a variety of uses, with minimum divisible units of 2,000 square feet and a maximum contiguous space of 39,765 square feet, catering to both smaller businesses and larger anchor tenants. The property sits on a substantial 15.69-acre lot, offering ample parking and potential for future expansion or development. Its location in Ridgefield, WA, zip code 98642, provides excellent visibility and accessibility for customers. The property's size and layout make it ideal for a diverse range of retail concepts, from individual shops to larger anchor stores, potentially including pad sites. This is a rare opportunity to secure a significant retail presence in a growing community. The property is ready for immediate occupancy, offering a blank canvas for businesses to establish themselves in a prime location. Contact us today to learn more about this exceptional retail opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction TYPE NOT SPECIFIED
Total area 20,491 SF
Lot 2.11 ac (91,912 SF)
Zoning code CRB : RGF
APN 213986-000
UPID US90-0593610

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
  • (Bike/Boat/Book/etc) Store
  • Dental Office
  • Restaurant
  • Restaurant
  • Restaurant

Location

109 65th Ave, Unit 37 Ridgefield, WA 98642-3407
Ridgefield metro Census 40303 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.80M
Comparable Approach Comparable
$6.09M
Blend (final) Blend
$4.97M

Owner & transaction history

since 2011
7 recorded transactions
2011
Price N/A
2003
$288,373
2000
Price N/A
1996
$213,990
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CRB : RGF · Ridgefield, 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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