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Property profile & analytics
OFF-MARKET
Commercial real estate

11715 117Th Ave Vancouver, WA 98662

Property ID
US90-2859844
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US90-2859844
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
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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