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15520 SE Mill Plain Blvd Vancouver, WA 98684

FOR SALE
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Property ID
US90-1562598
11,866 SF 0.69 ac Built 2004
Last sale Jul 2002·$326,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
15520 SE Mill Plain Blvd, Vancouver, WA 98684 For Sale 1 / 6
$2,495,000 11,866 SF
15520 SE Mill Plain Blvd, Vancouver, WA 98684
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Property summary

AI-generated overview

The property is a commercial building located on Mill Plain in Vancouver, Washington, situated on a 0.69-acre lot. It includes more than 7,300 square feet of office space configured into 4 units and more than 3,600 square feet of automotive space with 6 bays. The site provides 25 designated parking spaces and has access from both directions of Mill Plain, with large signage and prominent street exposure. The property is zoned CC and totals approximately 10,956 square feet, with suitability for uses including auto shops, automotive-related uses, retail, and office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$2.12M
Assessed land$608k
Assessed improvement$1.51M
Effective rate0.95%

Value estimate

· Nov 2026
$1.56M
$1.40M – $1.72M
Submarket $/SF estimate$969k
NOI build-up
Gross scheduled income$202k
Vacancy & credit loss−$14k
Operating expenses−$47k
NOI · 5.66% cap applied$141k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$237/SF
Submarket average, outlier-cleaned · 131 recorded sales of this use type
Observed band · Q1–Q3$183 – $336
Qualifying comparables4

Cap rate analysis

How does the asset earn?
5.66%
$141k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC : VAN
JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.7
HVAC Service14.3
Auto Parts Store12.5

Location

15520 SE Mill Plain Blvd Vancouver, WA 98684
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12000 Ml Pln, Vancouver, WA 98684-6034 $1,700,000 Jan 2025 6,602 SF
315 Stonemill, Vancouver, WA 98684-6998 $4,659,000 Dec 2024 15,820 SF
11201 9th, Vancouver, WA 98684-5964 $6,100,000 Jun 2023 28,380 SF
1200 112th, Vancouver, WA 98684-4953 $1,640,000 Feb 2022 6,037 SF
811 112th, Vancouver, WA 98684-5115 $3,250,000 Dec 2021 13,482 SF
12116 Ml Pln, Vancouver, WA 98684-6000 $665,000 Feb 2020 5,265 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,765,000
    11,924 SF
    12204 Ml Pln Blvd
    OFFICE (GENERAL)
    12204 Ml Pln Blvd, Vancouver, WA 98684-6025
    View Details
  • Value Estimation
    $1,255,000
    10,300 SF
    233 Chkalov Dr, Unit 104
    OFFICE (GENERAL)
    233 Chkalov Dr, Vancouver, WA 98684-5054
    View Details
  • Value Estimation
    $1,390,000
    7,483 SF
    Vancouver, WA 98684
    OFFICE (GENERAL)
    Vancouver, WA 98684
    View Details
  • Value Estimation
    $1,475,000
    6,037 SF
    1200 112th Ave, Unit 36
    OFFICE (GENERAL)
    1200 112th Ave, Vancouver, WA 98684-4953
    View Details
  • Value Estimation
    $740,000
    5,764 SF
    416 112th Ave, Unit 44
    MEDICAL BUILDING
    416 112th Ave, Vancouver, WA 98684-5018
    View Details
  • Value Estimation
    $5,290,000
    28,380 SF
    11201 9th St
    MEDICAL BUILDING
    11201 9th St, Vancouver, WA 98684-5964
    View Details

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Similar Nearby for Lease

  • Contact for pricing
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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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