14201 20th Ave, Unit 2 Vancouver, WA 98686-6410
- Office properties & Spaces
- 33,714 SF
- 2.62 lot acres
Current Use by Public Records
- Paul D Holland, Realty Pro Inc. / Real Estate Agency
- Peterson & Associates, P.S. / Tax Preparation
- Tooth Docs Salmon Creek / Dental Office
- Dr. Justin Goodman / Dental Office
- Tyler Erickson / Physician
Property Details for 14201 20th Ave
- Year built
- 2000
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.62 lot acres
- Property size
- 33,714 SF
- Zone code
- CC : CLK
- Property type
- Office properties & Spaces
- APN
- 117895-070
- APU
- 117895070
Description
This exceptional Class A medical office building, located at 14201 NE 20th Ave, Bldg B, Vancouver, WA 98686, offers 8,489 square feet of immediately available space in a highly desirable location. Built in 2000, the two-story building boasts a total of 24,734 square feet, with a minimum divisible space of 2,394 square feet and a maximum contiguous space of 5,743 square feet. The building features a 12-foot ceiling height, providing ample space and flexibility for various medical practices. Conveniently situated in the thriving Salmon Creek area, this property benefits from its proximity to major healthcare providers, including Legacy Salmon Creek Hospital (one block north) and Kaiser Permanente (one block south). The building also enjoys easy access to a variety of retail services, shopping, and dining options. The property includes 100 parking spaces for staff and patients, ensuring ample parking availability. The building's common areas, including the lobby and restrooms, have been recently updated, reflecting a commitment to providing a modern and comfortable environment. The property is zoned CC (Community Commercial), making it ideal for a variety of medical uses. This is a rare opportunity to secure high-quality medical office space in a prime location with excellent visibility and accessibility.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,520,000
- 6.5%
- $6,940,000
- 7%
- $6,445,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,370,000
- AI Estimate
- $5,261,000
Market price range: $6.17M - $11.3MMarket price range: $1.47M - $9.01M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $7,995,000 Current use
- RESTAURANT
- $11,185,000 Change: +40% Conversion: Difficult
- RETAIL STORES
- $10,780,000 Change: +35% Conversion: Easy
- MEDICAL BUILDING
- $9,250,000 Change: +16% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $8,245,000 Change: +3% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $7,780,000 Change: -3% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $7,000,000 Change: -12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.65
- Latitude
- 45.7241
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA