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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Medical Office Space
11801 65th St, Vancouver, WA 98662-5527
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-3370187
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
WOOD
Total area
4,536 SF
Lot
0.58 ac (25,265 SF)
Zoning code
GC : CLK
APN
158442-002
UPID
US90-3370187
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
-
Kubiniec Richard T MD Physician
-
Davis Tamme DO Physician
-
Child & Family Behavioral Health Physician
-
Smith Betsy Medical Clinic
-
Sam Andrey's Produce Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$563k
Blend (final)
Blend
$805k
Owner & transaction history
Sea-mar Cmnty Health Center · 10 yrs held
Sea-mar Cmnty Health Center
since 2015
7 recorded transactions
Zoning & alternative use
GC : CLK · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$970,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,245,000
Current use
COMMERCIAL (GENERAL)
$1,075,000
Change: -14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,045,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$805k
Range $725k – $886k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$177 / 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
$243
Tax year 2023
Assessed value
$1,310,100
Assessed 2023
Previous assessed
$1,191,000
+10.0% YoY
Effective rate
0.02%
On assessed value
Assessed land
$403,535
Assessed improvement
$906,565
Land market value
$403,535
Improvement market value
$906,565
Total market value
$1,310,100
Applied tax rate
10,166.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
4,536 SF
Lot
0.58 ac (25,265 SF)
Zoning code
GC : CLK
APN
158442-002
UPID
US90-3370187
Jurisdiction
CLARK
Zoning & alternative use
GC : CLK · Vancouver, WA
Zoning GC : CLK · permitted uses
GC : CLK · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Sea-mar Cmnty Health Center
Individual
Mailing address
1040 S HENDERSON ST, SEATTLE, WA 98108-4720
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2015
$1,490,000
Sea-mar Cmnty Health Center
Kubiniec LLC
Warranty Deed
—
Mar 6, 2007
$1,021,200
Kubiniec LLC
Ziegler,dean J & Teresa L
Warranty Deed
$1,360,000 · California Bank & Trust
—
—
Dean J Ziegler
—
Deed Of Trust
related
$603,925 · Individual
—
—
Sea-mar Cmnty Health Center
—
Deed Of Trust
related
$33,000,000 · Private Individual
—
—
Den J Ziegler
—
Deed Of Trust
related
$300,603 · Vern E
—
—
Dean J Ziegler
—
Deed Of Trust
related
$290,270 · Vern E & Mary E Ziegler
—
—
Dean J Ziegler
—
Deed Of Trust
related
$603,925 · Washington Trust Bank
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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