15650 4th Pln Blvd Vancouver, WA 98682-5258
Property profile & analytics
15650 4th Pln Blvd Vancouver, WA 98682-5258
- Office Spaces
- 6,069 SF
- 0.40 lot acres
Property ID
US90-2775533
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Lana Anderson, Washington Realtor / Real Estate Agency
- Marlene Laddusaw, Real Estate Broker / Real Estate Agency
- Daniel Hergert - SecurityNational Mortgage Company Loan Officer / Loan Service / Bank
- Jill Does Style / Hair Salon
- Elione Miller - SecurityNational Mortgage Company Loan Officer / Loan Service / Bank
Property Details for 15650 4th Pln Blvd
- Year built
- 2022
- Lot size
- 0.40 lot acres
- Property size
- 6,069 SF
- Zone code
- CC : VAN
- Property type
- Office Spaces
- APN
- 986033-857
- APU
- 986033857
Description
This exceptional investment opportunity presents a brand-new, 6,510 square foot retail shopping center in Vancouver, Washington, boasting 100% occupancy across six tenants. Built in 2023, the property features high-quality finishes and a transferable roof warranty. The absolute NNN leases, with annual rent increases, provide a secure investment with minimal landlord responsibilities. The center benefits from a strategic location between a high-performing Walmart and Safeway, ensuring significant foot traffic. Situated on a 0.59-acre lot at a signalized, hard-corner location, the property enjoys excellent visibility. The surrounding area is experiencing robust growth, with new retail and industrial developments underway, further enhancing the property's value. The strong demographics, including a population of over 208,000 within a 5-mile radius and average household incomes exceeding $94,000, contribute to a stable and expanding market. The property offers a 6.42% cap rate and a substantial net operating income (NOI) of $187,599. Leases commenced October 31, 2023, and expire December 30, 2028, with lease options available. This fee-simple ownership presents a compelling investment opportunity in a thriving market. The property's location in Clark County, Washington, offers the added benefit of being in an income tax-free state.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.512
- Latitude
- 45.6725
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,004
$278,300
$1,183,787
$1,462,087
-
$278,300
$1,183,787
$1,462,087
