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Property profile & analytics
OFF-MARKET
Motels
1421 Tech Ctr Dr 1 Vancouver, WA 98683-5553
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0786650
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2006
Construction
WOOD
Total area
68,092 SF
Lot
1.82 ac (79,279 SF)
Zoning code
MX : VAN
APN
115062-025
UPID
US90-0786650
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
-
SpringHill Suites Portland Vancouver Hotel & Motel
-
WW Studio @ Springhill Suites Vancouver Weight Loss Service Wellness Center
-
1421 SE Tech Center Dr Parking Parking Lot & Garage
-
Springhill Suites Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fp Vancouver LLC · 4 yrs held
Fp Vancouver LLC
since 2021
Last sale
$18.3M
4 recorded transactions
Zoning & alternative use
MX : VAN · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$122,169
Tax year 2023
Assessed value
$12,806,300
Assessed 2023
Previous assessed
$8,601,200
+48.9% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,303,709
Assessed improvement
$11,502,591
Land market value
$1,303,709
Improvement market value
$11,502,591
Total market value
$12,806,300
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
HEAT PUMP
Stories
4
Total area
68,092 SF
Lot
1.82 ac (79,279 SF)
Zoning code
MX : VAN
APN
115062-025
UPID
US90-0786650
Jurisdiction
CLARK
Zoning & alternative use
MX : VAN · Vancouver, WA
Zoning MX : VAN · permitted uses
MX : 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.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
HEAT PUMP
Stories
4
Lot
1.82 ac
Current owner
From public records · entity-resolved
Fp Vancouver LLC
Entity
Mailing address
7115 LEESBURG PIKE STE #206, FALLS CHURCH, VA 22043-2301
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
$18,250,100
Fp Vancouver LLC
Apple Seven Hospitality Ownership
Bargain And Sale Deed
$180,000,000 · Acrefi Holdings J - I LLC
Sep 26, 2007
—
City Of Vancouver
Shs Vancouver LLC
Grant Deed
related
—
Jun 15, 2006
—
Shs Vancouver LLC
—
Trustees Deed
related
$12,287,000 · Banner Bank
May 15, 2006
$923,736
Shs Vancouver LLC
Columbia Tech Center LLC
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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