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Property profile & analytics
OFF-MARKET
Estimated value
$4,155,000
Medical Office Space
1625 192nd Ave 74, Camas, WA 98607-6505
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1836284
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2018
Construction
STEEL FRAME
Total area
23,700 SF
Lot
1.25 ac (54,450 SF)
Zoning code
CC : VAN
APN
177502-000
UPID
US90-1836284
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
-
Labcorp at Legacy Camas Medical Laboratory
-
Kelley Michelle Aurand Pediatrician Physician
-
Tad Lowder, DO Pediatrician Physician
-
Elizabeth Muzik, MD Pediatrician Physician
-
John Koehler, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.28M
Comparable Approach
Comparable
$3.29M
Blend (final)
Blend
$4.16M
Owner & transaction history
Rcif 192 LLC · 5 yrs held
Rcif 192 LLC
since 2021
7 recorded transactions
Zoning & alternative use
CC : VAN · Camas, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.6M
+3.4%
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 Camas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camas 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,630,000
6.5%
$4,275,000
7%
$3,970,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,360,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,575,000
Change: +3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,765,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$4.16M
Range $3.74M – $4.57M · ±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
$175 / 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
$71,603
Tax year 2023
Assessed value
$7,505,200
Assessed 2023
Previous assessed
$6,526,300
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,294,981
Assessed improvement
$6,210,219
Land market value
$1,294,981
Improvement market value
$6,210,219
Total market value
$7,505,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Total area
23,700 SF
Lot
1.25 ac (54,450 SF)
Zoning code
CC : VAN
APN
177502-000
UPID
US90-1836284
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Camas, WA
Zoning CC : VAN · permitted uses
CC : VAN · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.6M
COMMERCIAL (GENERAL)
Est. value
$5.8M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2018
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Rcif 192 LLC
Entity
Mailing address
4660 NE 77TH AVE STE #200, VANCOUVER, WA 98662-6705
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2021
—
Rcif 192 LLC
—
Deed
related
$6,860,000 · Pacific Premier Bank
Feb 24, 2021
—
Rcif 192 LLC
192nd Station Holdings North LLC
Deed
—
Oct 13, 2017
—
192nd Stn Holding North LLC
—
Deed
related
$1,400,000 · Lh 192 LLC
Oct 4, 2017
—
192nd Stn Holdings North LLC
—
Trustees Deed
related
$6,720,000 · Northwest Bk
Jun 16, 2017
$200,000
Kd Tbob LLC
Tbob LLC
Grant Deed
$1,200,000 · Blakemore Holdings INC
Jan 31, 2013
—
192nd Stn Holdings South LLC
—
Deed Of Trust
related
$1,530,000 · Red Canoe Cu
Oct 3, 2012
—
192nd Stn Holdings North LLC
—
Deed Of Trust
related
—
Feb 7, 2012
$1,850,000
Tbob LLC
192nd Avenue Stn Invtrs LLC
Grant Deed
related
—
Dec 15, 2011
$1,850,000
Tbob LLC
192nd Avenue Stn Invtrs LLC
Warranty Deed
—
Dec 21, 2010
$536,116
192nd Stn Holdings North LLC
L & N First LLC
Quit Claim Deed
related
—
Jan 25, 2008
$1,187,000
192nd Avenue Stn Invtrs LLC
L & N First LLC
Warranty Deed
—
—
—
192nd Avenue Stn Invtrs LLC
—
Deed Of Trust
related
—
—
—
192nd Stn Holding North LLC
—
Deed Of Trust
related
$1,400,000 · Lh 192 LLC
—
—
L & N First LLC
—
Deed Of Trust
related
$455,000 · Sterling Savings Bank
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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