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Property profile & analytics
OFF-MARKET
Estimated value
$3,770,000
Warehouses
1121 22nd St Battle Ground, WA 98604-8656
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US90-2502088
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Construction
STEEL FRAME
Total area
25,814 SF
Lot
2.48 ac (108,029 SF)
Zoning code
ML : BAG
APN
194361-000
UPID
US90-2502088
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
-
Tradesmen Electric Construction Company
-
Tradesmen Electric Inc. Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.29M
CAP Approach
CAP
$3.96M
Comparable Approach
Comparable
$4.30M
Blend (final)
Blend
$3.77M
Owner & transaction history
Tradesdale II LLC · 3 yrs held
Tradesdale II LLC
since 2022
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
ML : BAG · Battle Ground, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.3M
+99.8%
Auto repair, garage
$5.1M
+62.1%
Industrial (general)
$5.0M
+59.2%
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 Battle Ground submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Ground 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
$3,420,000
ML approach
$3,285,000
CAP Approach
CAP Return
Estimation
6%
$4,290,000
6.5%
$3,960,000
7%
$3,680,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,145,000
Current use
COMMERCIAL (GENERAL)
$6,280,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,095,000
Change: +62% · Conversion: Easy
INDUSTRIAL (GENERAL)
$5,005,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$3.77M
Range $3.39M – $4.15M · ±10% · vs last sale $3.83M (Sep 30 2022)
Last sale anchor
$3.83M
Sep 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
$146 / 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
$28,202
Tax year 2023
Assessed value
$3,957,400
Assessed 2023
Previous assessed
$3,597,600
+10.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$536,273
Assessed improvement
$3,421,127
Land market value
$536,273
Improvement market value
$3,421,127
Total market value
$3,957,400
Applied tax rate
10,267.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Bathrooms
1
Total area
25,814 SF
Lot
2.48 ac (108,029 SF)
Zoning code
ML : BAG
APN
194361-000
UPID
US90-2502088
Jurisdiction
CLARK
Zoning & alternative use
ML : BAG · Battle Ground, WA
Zoning ML : BAG · permitted uses
ML : BAG · Battle Ground, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Battle Ground. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.1M
INDUSTRIAL (GENERAL)
Est. value
$5.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2017
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Bathrooms
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
Tradesdale II LLC
Entity
Mailing address
PO BOX 128, BATTLE GROUND, WA 98604-0128
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2022
—
Tradesland II LLC
—
Deed
related
$1,579,000 · Cascade Capital Funding
Sep 30, 2022
$3,832,500
Tradesdale II LLC
Ralph Miller
Bargain And Sale Deed
$1,915,250 · Banner Bank
Sep 30, 2022
—
Tradesland II LLC
—
Deed
related
$1,533,000 · Banner Bank
Oct 13, 2017
$3,650,000
Ralph Miller
Tradesland II LLC
Grant Deed
—
Oct 13, 2017
—
Ralph Miller
Miller,sandra L
Quit Claim Deed
related
—
Jan 31, 2017
—
Tradesland II LLC
—
Trustees Deed
related
$2,100,000 · Bank Of The Pacific
Apr 30, 2015
$265,000
Tradesland II LLC
Tapani John R & Rita C
Warranty Deed
—
Dec 4, 2014
$1,281,059
Finance Resources LLC|note Buyers LLC
Sheriff Of Clark County|boespflug,donald K & Cynth
Trustees Deed
related
—
Oct 24, 2014
$800,000
John R Tapani
Finance Resources LLC
Grant Deed
—
Sep 26, 2014
$1,281,059
Finance Resources LLC
Sheriff Of Clark County
Trustees Deed
related
—
May 23, 2014
$1,281,059
Finance Resources LLC
Sheriff Of Clark County
Trustees Deed
related
—
Apr 29, 2014
$1,281,059
Finance Resources LLC
Sheriff Of Clark County
Trustees Deed
related
—
Mar 19, 2008
—
Donald K Boespflug
—
Trustees Deed
related
$500,000 · Note Buyers LLC
Dec 3, 2003
$635,000
Donald K Boespflug
Tapani,john & Rita
Grant Deed
$485,000 · Asghar Sadri
Feb 19, 1998
$75,000
John Tapani
Watson,mary J
Grant Deed
—
Aug 9, 1988
—
Mary J Watson
Unknown
Grant Deed
related
—
—
—
John R Tapani
—
Deed Of Trust
related
$217,020 · First Independent Bank
—
—
John Tapani
—
Deed Of Trust
related
$52,500 · 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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