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Property profile & analytics
OFF-MARKET
Estimated value
$1,995,000
Parking lots & garages
1108 112th Ave Vancouver, WA 98684-4951
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-0105739
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1935
Construction
STEEL FRAME
Total area
1,380 SF
Lot
0.64 ac (27,878 SF)
Zoning code
OCI : VAN
APN
165528-000
UPID
US90-0105739
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
$1.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
All Phase Heating INC · 3 yrs held
All Phase Heating INC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
OCI : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,865,000
ML approach
$1,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.19M · ±10% · vs last sale $2.10M (Dec 30 2022)
Last sale anchor
$2.10M
Dec 30 2022
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
$1,446 / 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
$5,428
Tax year 2023
Assessed value
$567,859
Assessed 2023
Previous assessed
$493,790
+15.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$457,045
Assessed improvement
$110,814
Land market value
$457,045
Improvement market value
$110,814
Total market value
$567,859
Applied tax rate
10,143.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1935
Construction
STEEL FRAME
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
1,380 SF
Lot
0.64 ac (27,878 SF)
Zoning code
OCI : VAN
APN
165528-000
UPID
US90-0105739
Jurisdiction
CLARK
Zoning & alternative use
OCI : VAN · Vancouver, WAZoning OCI : VAN · permitted uses
OCI : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1935
Construction
STEEL FRAME
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
All Phase Heating INC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2023
—
All Phase Heating INC
Adams 112th Avenue LLC
Lease
$862,000 · Northwest Business Development Assn
Dec 30, 2022
$2,100,000
Adams 112th Avenue LLC
Vld Enterprises LLC
Warranty Deed
$1,050,000 · Bank Of The Pacific
Dec 30, 2022
—
Adams 112th Avenue LLC
—
Deed
related
$840,000 · Bank Of The Pacific
Dec 2, 2022
—
Vld Enterprises LLC
James W Hargis
Re-recorded Document
related
—
Apr 26, 2019
—
Vld Ents LLC
—
Deed
related
$651,500 · Keybank USA
Mar 28, 2019
$1,285,000
Vld Ents Ss
Hargis J W & L L L/tr
Warranty Deed
$651,500 · Keybank USA
Feb 9, 2011
—
Hargis James W & Linda L L Trust
Hargis,james W & Linda L
Quit Claim Deed
related
$180,000 · Bank Of The West
Mar 22, 2010
—
Hargis James W & L L Living Trust
Hargis Family Trust
Quit Claim Deed
related
—
Aug 29, 2003
$175,000
James W Hargis
Kutch,raymond A
Grant Deed
$140,000 · Countrywide Home Loans INC
Apr 15, 1998
$162,900
National Restaurant Group INC
Cartwright,cartwright Trust
Grant Deed
$142,900 · Seller
—
—
Vld Ents LLC
—
Deed Of Trust
related
$539,000 · Northwest Busn Dev Assn
—
—
Vld Ents LLC
—
Deed Of Trust
related
$651,500 · Keybank USA
—
—
James W Hargis
—
Deed Of Trust
related
$200,000 · West Coast Bank
—
—
James W Hargis
—
Deed Of Trust
related
$495,000 · Us Bank NA
—
—
James W Hargis
—
Deed Of Trust
related
$492,785 · 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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