Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11815 113th St, Unit 34 Vancouver, WA 98662-1639
    Property profile & analytics

    11815 113th St, Unit 34 Vancouver, WA 98662-1639

    View on Map
    • Industrial properties
    • 28,800 SF
    • 2.39 lot acres
    Off-Market
    Property ID
    US90-1609733
    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.
    Value Estimations
    $3,950,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Infinite Red, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
    • New Tradition Realty / Real Estate Agency
    • JS Structural, PLLC / Structural Engineer
    • New Tradition Homes / Construction Company / General Contractor
    • Creative Interiors and Design / Furniture & Home Goods / Home Decor Store

    Property Details for 11815 113th St

    Year built
    2006
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.39 lot acres
    Property size
    28,800 SF
    Zone code
    IL : CLK
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    200092-000
    APU
    200092000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,335,000
      6.5%
      $4,005,000
      7%
      $3,720,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $5,980,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.552
    Latitude
    45.7031
    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
    $32,698
    $755,827
    $3,502,873
    $4,258,700
    -
    $755,827
    $3,502,873
    $4,258,700

    Comparable in this City

    • Value Estimation
      $1,620,000
      24,064 SF

      11606 66th Cir Ste, Unit 101

      INDUSTRIAL LOFT BUILDING • 24,064 SF
      11606 66th Cir Ste, Vancouver, WA 98662-2408
      View Details
    • Value Estimation
      $3,770,000
      28,224 SF

      6600 112th Ct

      INDUSTRIAL LOFT BUILDING • 28,224 SF
      6600 112th Ct, Vancouver, WA 98662-5495
      View Details
    • Value Estimation
      $950,000
      1,792 SF

      7414 88th St

      INDUSTRIAL LOFT BUILDING • 1,792 SF
      7414 88th St, Vancouver, WA 98662-1831
      View Details
    • Value Estimation
      $595,000
      65,540 SF

      7528 88th St

      INDUSTRIAL LOFT BUILDING • 65,540 SF
      7528 88th St, Vancouver, WA 98662-1813
      View Details
    • Value Estimation
      $4,625,000
      42,794 SF

      5131 94th Ave, Unit 24

      INDUSTRIAL LOFT BUILDING • 42,794 SF
      5131 94th Ave, Vancouver, WA 98662-6183
      View Details
    • Value Estimation
      $1,460,000
      12,060 SF

      11927 113th St

      INDUSTRIAL LOFT BUILDING • 12,060 SF
      11927 113th St, Vancouver, WA 98662-1647
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vancouver WA Industrial Properties

      Class-A industrial properties for lease or sale in Vancouver, WA.
      7704 NE 88Th St, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Vancouver WA Industrial Properties

      Class-A industrial properties for lease or sale near I-205.
      9213 NE 72Nd Ave, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Commercial Lots Near Winco Foods

      Level commercial lots with utilities near Bowyers Shopping Center.
      11208 NE 119Th St, Vancouver, WA 98662
      View Details
    • $799,000
      2,834 SF

      Vancouver Duplex: Investor Opportunity

      Tenant-occupied duplex with modern features in Vancouver, WA.
      6011 NE 105Th Ave, Vancouver, WA 98662
      View Details
    • $3,749,900
      12,000 SF

      Vancouver Multifamily Investment Opportunity

      Fully renovated, 16-unit multifamily property with stabilized income.
      10701 NE 59Th St, Vancouver, WA 98662
      View Details
    • Contact for pricing
      65,000 SF

      Vancouver Investment Opportunity Near Mall

      Fully leased commercial property near I-205 and Vancouver Mall.
      9300 Van Mall Dr, Vancouver, WA 98662
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Industrial Single Tenant Space

      Industrial space available for lease, totaling 5,767 square feet.
      11419 NE 126Th St, Vancouver, WA 98662
      View Details
    • Contact for pricing
      338,719 SF

      Vancouver Logistics Phase II

      Class-A Industrial Space Available
      7704 72Nd Ave, Vancouver, WA 98662
      View Details
    • Contact for pricing

      ELW Building

      Discover many ways to work your way in ELW Building
      4400 77Th Ave, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Spacious Office with Balconies

      Full floor office space with outdoor balconies for rent.
      Vancouver, WA 98662
      View Details
    • Contact for pricing

      Retail Space on Fourth Plain

      High-visibility retail space with easy highway access.
      10411 NE Fourth Plain Blvd, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Class A Office Building

      Class A office building in corporate office park for rent.
      7700 NE Parkway Dr, Vancouver, WA 98662
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11815 113th St, Unit 34
    Vancouver, WA 98662-1639
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11815 113th St, Vancouver, WA, 98662
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!