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Property profile & analytics
OFF-MARKET Estimated value $4,905,000
Community centers

11818 Ml Pln Blvd 1 Vancouver, WA 98684-5089

43,089 SF 4.17 ac lot Built 1986
Entity Owned 26-yr Hold Absentee Owner Free & Clear
Property ID
US90-1684522
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-building office park totaling 19,000 square feet situated on a 4.17-acre lot in Vancouver, Washington. The property, classified as Class B, was constructed in 1986 and features single-story buildings with ample parking (80 spaces). Currently, there are five office spaces available, ranging in size from 1,558 to 5,916 square feet, perfect for a variety of businesses. The property boasts a convenient location in Cascade Park, offering easy access to major transportation arteries including I-205, Highway 14, and Portland International Airport. Its strategic placement along a high-frequency bus route enhances accessibility for employees and clients. The park benefits from a diverse tenant mix within its multiple buildings, creating a thriving business community. The property is zoned C3 and has an APN of 114727-246 in Clark County. This well-maintained office park offers a compelling opportunity for investors seeking a stable and strategically located asset in a growing market. The ample on-site parking ensures convenience for tenants and visitors. The property's established presence and strong location make it an attractive option for businesses seeking a professional and accessible workspace.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1986
Construction CONCRETE
Total area 43,089 SF
Lot 4.17 ac (181,645 SF)
Zoning code CC : VAN
APN 114727-246
UPID US90-1684522
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
  • McClure Insurance Agency, Inc. Insurance Agency
  • Winning Money Strategies Financial Advisor
  • Pivot Pointe Counseling Center Crisis Center Medical Clinic
  • Compass Micro, Inc. Electronics & Wireless Store
  • Lux Studios VA Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.91M
Owner & transaction history
CRESTWOOD BUSINESS CENTER
CRESTWOOD BUSINESS CENTER
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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