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Property profile & analytics
OFF-MARKET
Estimated value
$4,085,000
Warehouses
11700 60th Way 1, Vancouver, WA 98682-0807
Entity Owned
28-yr Hold
~
Est. High Equity
Property ID
US90-1715249
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
TYPE NOT SPECIFIED
Total area
53,852 SF
Lot
2.79 ac (121,532 SF)
Zoning code
IL : VAN
APN
158355-004
UPID
US90-1715249
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
-
Protech Composites Industrial Manufacturer Production Facility
-
Arctic Spas Vancouver (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
-
Bee Natural Leathercare Inc Leather Cleaning Service Leather Goods Store
-
Insulation Contractors General Contractor Renovation Specialist
-
Magellan Insulation General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.09M
Owner & transaction history
Nw Properties LP Pacific · 28 yrs held
Nw Properties LP Pacific
since 1997
4 recorded transactions
Zoning & alternative use
IL : 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$76 / 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
$45,301
Tax year 2023
Assessed value
$4,747,900
Assessed 2023
Previous assessed
$4,128,600
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$768,677
Assessed improvement
$3,979,223
Land market value
$768,677
Improvement market value
$3,979,223
Total market value
$4,747,900
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
TYPE NOT SPECIFIED
Heating
SPACE
Buildings
2
Stories
1
Total area
53,852 SF
Lot
2.79 ac (121,532 SF)
Zoning code
IL : VAN
APN
158355-004
UPID
US90-1715249
Jurisdiction
CLARK
Zoning & alternative use
IL : VAN · Vancouver, WA
Zoning IL : VAN · permitted uses
IL : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
TYPE NOT SPECIFIED
Heating
SPACE
Stories
1
Buildings
2
Lot
2.79 ac
Current owner
From public records · entity-resolved
Nw Properties LP Pacific
Entity
Mailing address
PO BOX 2206, BEAVERTON, OR 97075-2206
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 1997
—
Nw Properties LP Pacific
—
Deed Of Trust
related
$1,585,000 · Great Northern Insured Annuity
—
—
Transition Technology Internat
—
Deed Of Trust
related
$7,000,000 · Imperial Bank
—
—
Pacific Nw Props LP
—
Deed Of Trust
related
$3,300,000 · Miscellaneous Ins Co
—
—
Nw Properties LP Pacific
—
Deed Of Trust
related
$2,810,000 · Ge Capital Life Assurance Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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