Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1205 Broadway St Vancouver, WA 98660-3238

    • Banks
    • 11,246 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-1561562
    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.

    Current Use by Public Records

    • Chase Bank / Bank / Loan Service
    • Chase Mortgage / Loan Service / Bank
    • Chase ATM / Atm

    Property Details for 1205 Broadway St

    Year built
    1960
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.46 lot acres
    Property size
    11,246 SF
    Zone code
    CX : VAN
    Property type
    Banks
    APN
    039490-000
    APU
    39490000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $530,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $901,000
      Market price range: $902k - $1.35M

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $1,060,000
      Current use
      MEDICAL BUILDING
      $1,185,000
      Change: +12% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,110,000
      Change: +4% Conversion: Difficult
      RETAIL STORES
      $1,085,000
      Change: +2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $865,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.67
    Latitude
    45.6307
    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
    $21,857
    $1,100,000
    $1,241,600
    $2,341,600
    -
    $1,100,000
    $1,241,600
    $2,341,600

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      Vancouver, WA 98660

      FINANCIAL BUILDING • 0.23 Acres
      Vancouver, WA 98660
      View Details
    • Value Estimation by Request
      16,015 SF

      714 Main St

      FINANCIAL BUILDING • 16,015 SF
      714 Main St, Vancouver, WA 98660-3132
      View Details
    • Value Estimation by Request
      23,450 SF

      1313 Main St

      FINANCIAL BUILDING • 23,450 SF
      1313 Main St, Vancouver, WA 98660-2918
      View Details
    • Value Estimation by Request
      7,619 SF

      1800 Main St, Unit 2

      FINANCIAL BUILDING • 7,619 SF
      1800 Main St, Vancouver, WA 98660-2610
      View Details
    • Value Estimation by Request
      1,804 SF

      404 9th St

      FINANCIAL BUILDING • 1,804 SF
      404 9th St, Vancouver, WA 98660
      View Details
    • Value Estimation
      $720,000
      12,700 SF

      1607 Main St

      FINANCIAL BUILDING • 12,700 SF
      1607 Main St, Vancouver, WA 98660-2947
      View Details

    Similar Nearby for Sale

    • $799,000
      3,052 SF

      Vancouver Duplex: Investor Opportunity

      Tenant-occupied duplex in Vancouver with modern features and fenced yard.
      2917 Fruit Valley Rd, Vancouver, WA 98660
      View Details
    • $1,149,500
      4,205 SF

      Vancouver Multifamily Property For Sale

      8-unit multifamily property in a desirable Vancouver location.
      112 W 21St St, Vancouver, WA 98660
      View Details
    • $2,550,000

      Vancouver Office Building For Sale

      Office building for sale in Vancouver, Washington.
      1111 Broadway St, Vancouver, WA 98660
      View Details
    • Contact for pricing
      123,630 SF

      Class A Industrial Development Site

      Planned industrial development site for lease or sale in Vancouver.
      2401 NW 61St St, Vancouver, WA 98660
      View Details
    • New
      $550,000
      3,510 SF

      Downtown Vancouver Fourplex Opportunity

      Fourplex in downtown Vancouver, Washington.
      1012 W 12Th St, Vancouver, WA 98660
      View Details
    • $345,000
      840 SF

      Downtown Vancouver Office Condo For Sale

      Premium ground-floor office condo in downtown Vancouver, Washington.
      701 Columbia St, Vancouver, WA 98660
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,600 SF

      Retail Space Near Waterfront

      Retail space up to 5,600 SF near waterfront.
      400 Washington St, Vancouver, WA 98660
      View Details
    • $26 SF/Yr

      Downtown Vancouver Office/Retail Space

      Office and retail spaces available in downtown Vancouver.
      108 E Mill Plain Blvd, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Mixed-Use Retail Space Available

      Retail space in mixed-use building near downtown Vancouver.
      1015 C St, Vancouver, WA 98660
      View Details
    • $35 SF/Yr

      Downtown Vancouver Retail Space Available

      New retail, service, or restaurant spaces in downtown Vancouver.
      808 Washington St, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Vancouver Office/Retail Space For Rent

      Office and retail spaces available for lease in Vancouver.
      108 E Mill Plain Blvd, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Retail Space Near Esther Short Park

      Retail space in downtown Vancouver, across from Esther Short Park.
      402 W 8Th St, Vancouver, WA 98660
      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.
    1205 Broadway St
    Vancouver, WA 98660-3238
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!