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13102 4th St Vancouver, WA 98684-5809

OFF-MARKET Office Spaces Google Maps
26,105 SF 2.05 ac lot Built 2022
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$3.40M
Range $3.06M – $3.74M (±10%)
Property ID US90-0278547

Property summary

AI-generated overview

This exceptional 26,061 square foot Class B medical office condo building, constructed in 2022, presents a unique investment opportunity in Vancouver, Washington. Located at 13102 NE 4th St, 98684, this single, two-story building sits on a 1.45-acre lot and offers ample parking with 131 spaces. The property is zoned OCI and boasts a prime location within a master-planned business park, providing easy access to I-205 Freeway and a wealth of amenities including retail, restaurants, banking, hotels, housing, and mass transit. Its convenient location offers a short commute, being just 12 minutes from Portland International Airport and 21 minutes from downtown Portland. Currently, there are three available medical office spaces ranging from 4,000 to 11,716 square feet, perfect for various medical practices or expansion. The building's modern design and convenient location make it an ideal choice for medical professionals seeking a thriving and accessible environment. The Clark County property (APN: 114727-654) offers multiple tenancy options within a well-established and highly sought-after area. This is a rare opportunity to acquire a modern, well-located medical office condo in a rapidly growing market.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2022
Construction STEEL FRAME
Total area 26,105 SF
Lot 2.05 ac (89,298 SF)
Zoning code OCI : VAN
APN 114727-652
UPID US90-0278547

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$3.40M

Owner & transaction history

since 2000
4 recorded transactions
2020
Price N/A
2016
Price N/A
2000
$600,000
1999
$1.5M

Zoning & alternative use

OCI : VAN · Vancouver, WA

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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