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Property profile & analytics
OFF-MARKET Estimated value $4,115,000
Retail space

1218 88th St Vancouver, WA 98665-9695

12,092 SF 1.08 ac lot Built 2008
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US90-1939413
Property summary
AI-generated overview

NE 88th Street Square offers a prime retail opportunity in Vancouver, Washington. This 7,068 square foot multi-tenant building, constructed in 2008, boasts a desirable location south of Salmon Creek, directly adjacent to major retailers including Wal-Mart, Regal Cinemas, and Carl's Jr. The property provides ample parking with a ratio of 7.07 spaces per 1,000 square feet. Currently, there is 1,495 square feet of vacant space available, ideal for a variety of retail uses. The existing tenant, Batteries Plus, demonstrates the strong retail performance of this location, ranking in the top 4% of their 700-store chain. This property presents a unique chance to establish a business in a high-traffic area with excellent visibility and established neighboring businesses. The address is 1218 NE 88th St, Vancouver, WA 98665, situated within Clark County. The available space totals 1,495 square feet, offering a flexible layout adaptable to various retail concepts. This is an exceptional opportunity to capitalize on a proven retail location with significant foot traffic and strong brand recognition. The property's strategic placement ensures high visibility and accessibility for potential customers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction STEEL FRAME
Total area 12,092 SF
Lot 1.08 ac (47,045 SF)
Zoning code GC : CLK
APN 144978-001
UPID US90-1939413
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
  • Mathnasium Tutoring Service
  • Wash World Eco Laundromat (Bike/Boat/Book/etc) Store
  • We Fix It Phone Repair Computer & Electronic Repair Tech Support Center
  • Batteries Plus Auto Parts Store
  • Wash World Laundry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.08M
CAP Approach CAP
$2.20M
Comparable Approach Comparable
$4.60M
Blend (final) Blend
$4.12M
Owner & transaction history
1218 Ne 88th Retail LLC · 6 yrs held
1218 Ne 88th Retail LLC
since 2020
Last sale
$3.2M
3 recorded transactions
2020
$3.2M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.0M +3.7%
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