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    OFF-MARKET
    Distribution centers

    11438 128Th St, Vancouver, WA 98662

    1 SF 1.37 ac lot
    Entity Owned
    Property ID
    US90-2731462
    Property summary
    AI-generated overview

    This exceptional 1.37-acre lot, located at 11438 NE 128th St in Vancouver, Washington, presents a unique opportunity for industrial development. Priced at $700,000, this property is zoned for Light Industrial use and boasts a number of key advantages. The site is already shovel-ready, with rough grading and a level surface completed. An approved site plan is in place, although the buyer will be responsible for associated fees. All public utilities extend to the lot line, simplifying the construction process and minimizing upfront costs. Strategically situated within the Glenwood Industrial Park, this location offers easy access to major transportation arteries, including Highway 503 and 119th Street, ensuring excellent connectivity for businesses. The area is experiencing significant growth, making this a prime investment opportunity in a thriving business environment. The property's readily available infrastructure and convenient location make it ideal for a variety of industrial uses. Don't miss this chance to acquire a well-positioned, fully prepared lot ready for immediate development. The zip code is 98662.

    Property profile
    Verified
    Property type Distribution centers
    Total area 1 SF
    Lot 1.37 ac (59,677 SF)
    UPID US90-2731462
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mlk Investors LLC
    Mlk Investors LLC
    since 2026
    2 recorded transactions
    2026
    2021
    $477,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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