11503 74th Ave Vancouver, WA 98662-3625
Property profile & analytics
11503 74th Ave Vancouver, WA 98662-3625
- Warehouses
- 66,276 SF
- 6.12 lot acres
Property ID
US90-3309861
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- 72nd Ave Self Storage / Storage Facility
Property Details for 11503 74th Ave
- Year built
- 2023
- Construction
- STEEL FRAME
- Lot size
- 6.12 lot acres
- Property size
- 66,276 SF
- Zone code
- CC : CLK
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 199400-000
- APU
- 199400000
Description
This exceptional Class A self-storage facility in Vancouver, WA, presents a compelling value-add investment opportunity. Boasting 81,345 rentable square feet across nine single-story buildings, the property currently features 564 units with 45% occupancy. Constructed in 2023, it benefits from a highly desirable location with 450 feet of frontage on NE 72nd Ave, experiencing over 19,000 vehicles daily. The property includes a mix of heated and unheated units, large enclosed RV parking spaces, and rare heated drive-up access units. A significant advantage is the fully approved 22,175 square foot Phase II expansion plan, allowing for substantial future growth and increased revenue potential. The property sits on a 6.4-acre lot zoned CC (Community Commercial) in Clark County, an area that has seen a 51% population increase since 2000. This presents a unique chance to capitalize on a rapidly growing market and a high-quality asset with strong potential for increased occupancy and returns. The property's current occupancy is 45%, with significant upside potential given the approved expansion and strong market demand. This is a rare opportunity to acquire a newly constructed, Class A self-storage facility with immediate income and significant long-term growth prospects.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,645,000
Market price range: $5.07M - $14.6M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.598
- Latitude
- 45.7047
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,786
$1,324,627
$3,092,760
$4,417,387
-
$1,324,627
$3,092,760
$4,417,387
