Technical
Financial
Distress signals
Property profile

12405 2nd Cir Vancouver, WA 98684

OFF-MARKET
Office Spaces
Property ID
US90-3132855
2,847 SF 0.33 ac lot Built 2006
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,847 SF
Lot 0.33 ac (14,375 SF)
Zoning code CC : VAN
APN 114727-671
UPID US90-3132855

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Financial Advisor
  • Physician
  • Tax Preparation

Location

12405 2nd Cir Vancouver, WA 98684-6064
Vancouver metro Census 41337 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$912k
Blend (final) Blend
$1.30M

Owner & transaction history

since 2020
Last sale
$995,000
3 recorded transactions
2020
$995,000
2010
Price N/A
2008
$62.6M

Zoning & alternative use

CC : VAN · Vancouver, WA
Top alternative use upside
Retail stores $910,000 +34.8%
Medical building $780,000 +15.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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