Back to Search
Property profile & analytics
FOR SALE
Office buildings
12330 SE 5Th St Vancouver, WA 98683
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-1407940
For Sale
1 / 4
$975,000
12330 SE 5Th St, Vancouver, WA 98683
View Listing →
Property summary
AI-generated overview
This exceptional 15,000 square foot Class B medical office building, constructed in 2022, offers multiple tenancy opportunities in Vancouver, Washington. Located at 12330 SE 5th St, this three-story building sits on a 0.43-acre lot and is zoned Community Commercial (CC). Currently, 10,000 square feet of space is available, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 5,000 square feet. The building's convenient location, just one block south of Mill Plain Boulevard, provides excellent visibility and accessibility. Its proximity to the new Residence Inn by Marriott, various retail establishments, restaurants, Starbucks, a medical facility, and public transportation ensures high traffic and convenient access for both patients and staff. This property presents a unique opportunity for medical professionals seeking modern, well-located office space in a thriving community. The building's 2022 construction ensures modern amenities and efficient layouts. Clark County location and 98683 zip code.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2022
Total area
17,160 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CC : VAN
APN
986050-549
UPID
US90-1407940
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
-
drivingsuccessfullives Vehicle Donation Process Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Evergreen Hq LLC · 2 yrs held
Evergreen Hq LLC
since 2024
5 recorded transactions
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+28.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vancouver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vancouver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,165,000
Current use
AUTO REPAIR, GARAGE
$1,495,000
Change: +28% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,120,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$57 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$33,501
Tax year 2023
Assessed value
$3,510,871
Assessed 2023
Previous assessed
$1,568,370
+123.9% YoY
Effective rate
0.95%
On assessed value
Assessed land
$341,171
Assessed improvement
$3,169,700
Land market value
$341,171
Improvement market value
$3,169,700
Total market value
$3,510,871
Applied tax rate
10,143.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2022
Heating
NONE
Stories
3
Total area
17,160 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CC : VAN
APN
986050-549
UPID
US90-1407940
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WA
Zoning CC : VAN · permitted uses
CC : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Evergreen Hq LLC
Entity
Mailing address
12330 SE 5TH ST FL, VANCOUVER, WA 98683-5210
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2024
—
Evergreen Hq LLC
—
Deed
related
$1,785,000 · Ply Tech Corporation
Apr 17, 2024
—
Evergreen Hq LLC
—
Deed
related
$3,600,000 · Oakhurst Income Fund I LP
Feb 22, 2022
—
Evergreen Hq LLC
—
Deed
related
$3,600,000 · Oakhurst Income Fund LLP
Sep 9, 2019
—
Evergreen Hq LLC
—
Deed
related
$200,000 · Sorg Hospitality LLC
—
—
Evergreen Hq LLC
—
Deed Of Trust
related
$200,000 · Sorg Hospitality LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
