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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Grocery and convenience stores
14516 Ml Pln Blvd Vancouver, WA 98684-7418
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1638019
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,093 SF
Lot
0.61 ac (26,659 SF)
Zoning code
CC : VAN
APN
167644-000
UPID
US90-1638019
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
-
Western Union Bank Credit Union
-
7-Eleven Grocery & Convenience Store
-
Amy Pittman Veterinary Clinic
-
Jacqueline Myers Veterinary Clinic
-
Samuel Kopman Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$739k
Blend (final)
Blend
$640k
Owner & transaction history
7 Eleven INC · 4 yrs held
7 Eleven INC
since 2021
6 recorded transactions
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$970,000
+2.8%
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
$390,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$945,000
Current use
COMMERCIAL (GENERAL)
$970,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$850,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$156 / 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
$22,141
Tax year 2023
Assessed value
$2,318,100
Assessed 2023
Previous assessed
$2,015,700
+15.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,011,684
Assessed improvement
$1,306,416
Land market value
$1,011,684
Improvement market value
$1,306,416
Total market value
$2,318,100
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Total area
4,093 SF
Lot
0.61 ac (26,659 SF)
Zoning code
CC : VAN
APN
167644-000
UPID
US90-1638019
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WAZoning CC : VAN · permitted uses
CC : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$850,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
7 Eleven INC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 711, DALLAS, TX 75221-0711
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Maj Hearthwood LLC
—
Deed
related
$2,985,000 · State Nebraska Bank & Trust
Nov 16, 2021
—
7 Eleven INC
Maj Hearthwood LLC
Lease
—
Jul 21, 2021
—
Maj Hearthwood LLC
—
Deed
related
$4,400,000 · Columbia Community Cu
Apr 17, 2020
$1,875,000
Maj Hearthwood LLC
Douglas A Fry Dmd
Warranty Deed
$3,750,000 · First Republic Bank
Nov 2, 2018
$1,500,000
Douglas A Fry
Pruitt Living Trust
Warranty Deed
$1,150,000 · Pruitt Living Trust (lt)
Apr 26, 1991
—
Pruitt,w V & Marion Trustees
Unknown
Grant Deed
related
—
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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