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Property profile & analytics
OFF-MARKET
Estimated value
$3,440,000
Flex space
1301 144th Stc, Vancouver, WA 98685-1478
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US90-0752015
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2007
Construction
STEEL FRAME
Total area
29,939 SF
Lot
1.84 ac (80,150 SF)
Zoning code
IL : CLK
APN
185843-000
UPID
US90-0752015
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
-
Salmon Creek Business Park Corporate Office Business Park
-
Garlic Lady Specialty Food Shop
-
Glacier Tanks LLC - Brewing Supplies Big Box & Wholesale Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.44M
Owner & transaction history
Dennis Wubben · 21 yrs held
Dennis Wubben
since 2004
7 recorded transactions
Zoning & alternative use
IL : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$4,510,000
6.5%
$4,160,000
7%
$3,865,000
Blend value · Realmo final
$3.44M
Range $3.10M – $3.78M · ±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
$115 / 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
$32,933
Tax year 2023
Assessed value
$3,325,800
Assessed 2023
Previous assessed
$2,987,700
+11.3% YoY
Effective rate
0.99%
On assessed value
Assessed land
$561,100
Assessed improvement
$2,764,700
Land market value
$561,100
Improvement market value
$2,764,700
Total market value
$3,325,800
Applied tax rate
10,029.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Total area
29,939 SF
Lot
1.84 ac (80,150 SF)
Zoning code
IL : CLK
APN
185843-000
UPID
US90-0752015
Jurisdiction
CLARK
Zoning & alternative use
IL : CLK · Vancouver, WA
Zoning IL : CLK · permitted uses
IL : CLK · 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.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
Dennis Wubben
Individual
Mailing address
PO BOX 820406, VANCOUVER, WA 98682-0008
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2016
—
Westland LLC
—
Deed
related
$6,750,000 · Miscellaneous Ins Co
May 21, 2007
—
Westland LLC
—
Trustees Deed
related
$2,270,000 · Umpqua Bank
Jul 28, 2004
—
Dennis Wubben
Part IV Properties LLC
Grant Deed
related
—
Apr 5, 2004
$648,000
Part IV Properties LLC
Nicholas,robert G
Grant Deed
$271,228 · Robert G Nicholas
—
—
Westland LLC
—
Deed Of Trust
related
$6,750,000 · Miscellaneous Ins Co
—
—
Westland LLC
—
Deed Of Trust
related
$500,000 · Umpqua Bank
—
—
Westland LLC
—
Deed Of Trust
related
$2,272,500 · Genworth Life Insurance Co
—
—
Robert G Nichols
—
Deed Of Trust
related
$78,995 · Banner Bank
—
—
Westland LLC
—
Deed Of Trust
related
$150,000 · Bay Bank
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.
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