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    Property profile & analytics
    OFF-MARKET Estimated value $5,500,000
    Warehouses

    1212 4th Pln Blvd 45, Vancouver, WA 98660-2023

    37,640 SF 1.89 ac lot Built 1951
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US90-0083771
    Property summary
    AI-generated overview

    This exceptional 25,000-square-foot industrial warehouse is ideally situated in Vancouver, Washington, offering unparalleled access to major transportation arteries. Located just off Interstate 5, this single-tenant property boasts a strategic position, only three miles from Portland, Oregon, and a convenient twelve-mile commute to Portland International Airport. The warehouse itself features a spacious 25,000 square feet of functional space, complemented by approximately 4,000 square feet of dedicated office and break room areas, providing ample room for administrative functions and employee comfort. Loading and unloading are facilitated by two dock-high doors and one ground-level door, ensuring efficient operations. The warehouse boasts a generous 17-foot clear height, maximizing storage capacity and accommodating various equipment and inventory needs. Power is robust, with a 1600-amp, three-phase electrical service. Ample parking is available with 30 spaces provided on-site. The rental rate is flexible, ranging from $0.85 per square foot to $1.10 per square foot, with an additional $0.18 per square foot for certain amenities. This property presents a compelling investment opportunity in a high-demand location with excellent access to transportation and a strong local economy. The combination of size, features, and location makes this warehouse an attractive option for a variety of businesses.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1951
    Construction CONCRETE
    Total area 37,640 SF
    Lot 1.89 ac (82,328 SF)
    Zoning code IL : VAN
    APN 000109-000
    UPID US90-0083771
    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
    AI Approach AI
    $5.50M
    CAP Approach CAP
    $5.37M
    Comparable Approach Comparable
    $5.18M
    Blend (final) Blend
    $5.50M
    Owner & transaction history
    Angelo Investment Company LLC · 1 yrs held
    Angelo Investment Company LLC
    since 2025
    Last sale
    $5.5M
    6 recorded transactions
    2025
    2024
    $5.5M
    2012
    $2.6M
    2005
    $2.3M
    1969
    1969
    Zoning & alternative use
    IL : VAN · Vancouver, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $8.7M +74.2%
    Auto repair, garage $7.8M +56.8%
    Commercial (general) $7.6M +51.5%
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