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Property profile & analytics
OFF-MARKET
Estimated value
$1,790,000
Assisted living facilities
1602 162nd Ave 1 Vancouver, WA 98684-9426
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-1490443
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1955
Construction
CONCRETE
Total area
5,216 SF
Lot
0.93 ac (40,511 SF)
Zoning code
CN : VAN
APN
110185-120
UPID
US90-1490443
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
-
Windsor Gardens Memory Care by Belamour Care Nursing Home Retirement Community
-
Lighting & Emergency Power (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
Bc Wing LLC · 4 yrs held
Bc Wing LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
CN : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+70.4%
Retail stores
$1.7M
+64.3%
Medical building
$1.4M
+40.9%
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
$1,685,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,730,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$1,670,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$1,430,000
Change: +41% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,275,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,235,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,205,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,085,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.79M
Range $1.61M – $1.97M · ±10% · vs last sale $1.90M (Jun 3 2022)
Last sale anchor
$1.90M
Jun 3 2022
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
$343 / 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
$8,932
Tax year 2023
Assessed value
$932,685
Assessed 2023
Previous assessed
$811,030
+15.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$243,386
Assessed improvement
$689,299
Land market value
$243,386
Improvement market value
$689,299
Total market value
$932,685
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1955
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
12
Total area
5,216 SF
Lot
0.93 ac (40,511 SF)
Zoning code
CN : VAN
APN
110185-120
UPID
US90-1490443
Jurisdiction
CLARK
Zoning & alternative use
CN : VAN · Vancouver, WAZoning CN : VAN · permitted uses
CN : 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
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1955
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
12
Lot
0.93 ac
Current owner
From public records · entity-resolved
Bc Wing LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1772, BATTLE GROUND, WA 98604-1772
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
$1,900,000
Bc Wing LLC
Julio Hategan
Contract Sale
—
Oct 22, 1998
—
Clark County (wa)
Hategan,julio & Theodora
Grant Deed
related
—
Nov 7, 1994
$138,000
Julio Hategan
Janssen,fern I
Grant Deed
$19,355 · Individual
Jul 12, 1988
—
Leonard Janssen
Unknown
Grant Deed
related
—
—
—
Leonard Janssen
—
Deed Of Trust
related
$20,000 · Columbia Community
—
—
Juliio V Hategan
—
Deed Of Trust
related
$4,269 · Vancouver City (wa)
—
—
Julio Hategan
—
Deed Of Trust
related
$147,000 · Washington Mutual Fsb
—
—
Julio Hategan
—
Deed Of Trust
related
$78,200 · Sierra Western Mortgage
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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