Property profile

11208 NE 119Th St Vancouver, WA 98662

FOR SALE
Distribution properties
Property ID
US90-2750230
65,861 SF 5.22 ac lot Built 2023
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 11208 NE 119th St in Vancouver, WA, offers 2.93 to 3.28 acres of level land with utilities readily available. Situated in the Bowyers Shopping Center adjacent to Winco Foods, this high-traffic location boasts numerous nearby retailers and service providers. The property's Community Commercial (CC) zoning allows for a wide range of uses, including but not limited to business, professional, medical, storage, and drive-thru facilities. The APN numbers are 986036387 and 986036386. This prime location presents a unique opportunity for developers and investors seeking high visibility and accessibility in a thriving commercial area. Specific permitted uses are detailed in the Clark County Code (available online). The property's level terrain and on-site utilities simplify development, making it an attractive investment for various commercial ventures. This exceptional location within the bustling Bowyers Shopping Center ensures high foot traffic and visibility, maximizing the potential for any commercial enterprise. Don't miss this chance to acquire a strategically located commercial property in a rapidly growing area of Vancouver, Washington. The zip code is 98662.

Property profile

Verified
Property type Distribution properties
Use group COM AUTO TRANS/STORAGE
Year built 2023
Total area 65,861 SF
Lot 5.22 ac (227,383 SF)
Zoning code CC : CLK
APN 986036-383
UPID US90-2750230

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
  • Storage Facility

Location

11208 NE 119Th St Vancouver, WA 98662
Vancouver metro Census 40709 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$765k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k

Owner & transaction history

since 2022
5 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2021
Price N/A
2021
$1.3M

Zoning & alternative use

CC : 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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