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Property profile & analytics
OFF-MARKET Estimated value $3,785,000
Community centers

14313 20th Ave 2 Vancouver, WA 98686-1487

25,520 SF 1.51 ac lot Built 1997
Entity Owned 3-yr Hold Free & Clear
Property ID
US90-1086488
Property summary
AI-generated overview

This exceptional retail opportunity presents 26,720 square feet of space within the Salmon Creek Center, a two-building, single-story strip center in Vancouver, Washington. Built in 1997 and renovated in 2017, the property boasts a desirable location at the corner of NE 20th Ave & NE 144th St, experiencing high traffic volume exceeding 9,900 vehicles daily. The center features 76 parking spaces and benefits from high-visibility pylon signage. Currently, 7,200 square feet are vacant, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,600 square feet. A prominent 2,400 square foot space is immediately available, previously occupied by a fitness center, and easily divisible into two 1,200 square foot units. This adaptable space includes one existing restroom and is ideal for various retail or service uses, such as a gym, martial arts studio, or dance studio. The property sits on a 65,776 square foot lot and is zoned CC. The center enjoys strong co-tenancy with established businesses including Mount Vista Family Dental, Snap Fitness, Dough Boys Pizza, Dream Nails, McCann’s Medical, Still Point Massage & Wellness Studio, and Generations Church. Its strategic location offers excellent visibility and accessibility, situated across from Kaiser Permanente Salmon Creek and Albertsons, and near Legacy Salmon Creek Medical Center and Washington State University Vancouver. The property's proximity to major freeways (I-5 and I-205) and other key amenities like Safeway, Starbucks, Walgreens, and Fred Meyer further enhances its appeal and potential for success. The Clark County APN is 117895040.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1997
Construction CONCRETE
Total area 25,520 SF
Lot 1.51 ac (65,776 SF)
Zoning code CC : CLK
APN 117895-040
UPID US90-1086488
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
  • Sara Padilla - Exp Realty Real Estate Agency
  • Mount Vista Family Dental Dental Office
  • Joshua Hiller Dental Office
  • McCann's Medical Medical Supply Store Hospital Equipment And Supplies
  • Boba Tree Salmon Creek Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.97M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.79M
Owner & transaction history
Salmon Creek LLC · 3 yrs held
Salmon Creek LLC
since 2023
7 recorded transactions
2023
Price N/A
2021
Price N/A
2021
$7.0M
2018
Price N/A
2016
$5.0M
1994
$260,000
1969
Price N/A
Zoning & alternative use
CC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $6.2M +6.0%
Commercial (general) $6.1M +2.8%
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