Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1212 4th Pln Blvd, Unit 45 Vancouver, WA 98660-2023
    Property profile & analytics

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


    • Warehouses
    • 37,640 SF
    • 1.89 lot acres
    Off-Market
    Last Sale Aug 12, 2024
    $5,500,000
    Property ID
    US90-0083771
    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
    $5,500,000
    Show details
    Cap Rate Potential
    6.3%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1212 4th Pln Blvd

    Year built
    1951
    Construction
    CONCRETE
    Lot size
    1.89 lot acres
    Property size
    37,640 SF
    Zone code
    IL : VAN
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    000109-000
    APU
    109000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,500,000
      ML approach
      $5,500,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,820,000
      6.5%
      $5,370,000
      7%
      $4,985,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,177,000
      Market price range: $2.88M - $8.28M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,985,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $8,685,000
      Change: +74% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $7,815,000
      Change: +57% Conversion: Easy
      COMMERCIAL (GENERAL)
      $7,550,000
      Change: +51% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.684
    Latitude
    45.6408
    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
    $31,920
    $633,929
    $2,786,271
    $3,420,200
    -
    $633,929
    $2,786,271
    $3,420,200
    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