11715 117Th Ave Vancouver, WA 98662
This exceptional 1.89-acre commercial land parcel presents a remarkable investment opportunity in Vancouver, Washington. Located at 11715 NE 117th Ave, 98662, this property boasts a highly desirable Community Commercial (CC) zoning designation, opening doors to a wide range of development possibilities. The land is priced at $700,000, translating to $8.50 per square foot. Its strategic location offers significant advantages, including convenient access to public utilities and proximity to major transportation arteries. Situated on a C-Tran bus route, the property benefits from excellent public transit connectivity. Furthermore, its high visibility along Hwy 503, with 130 feet of frontage, ensures substantial exposure to a significant daily traffic volume of 33,000 vehicles (based on WSDOT 2019 data). The surrounding area demonstrates strong demographic appeal, with an estimated population of approximately 13,000 residents within a one-mile radius of NE 119th St and Hwy 503. This prime location, combined with its favorable zoning and accessibility, makes this property an ideal choice for developers seeking a high-impact commercial venture in a thriving community. Don't miss this chance to acquire a piece of Vancouver's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.