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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Mobile home & RV parks
16718 1st St Vancouver, WA 98684-9513
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-2208864
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
2016
Construction
WOOD
Total area
5,016 SF
Lot
0.43 ac (18,731 SF)
Zoning code
NC : CLK
APN
164507-000
UPID
US90-2208864
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
-
UPS Access Point location Courier Service Postal Service
-
Beds 4 Less & Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$675k
Blend (final)
Blend
$850k
Owner & transaction history
Central Wa LLC · 2 yrs held
Central Wa LLC
since 2024
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
NC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+54.9%
Industrial (general)
$1.2M
+38.0%
Commercial (general)
$1.2M
+33.9%
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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MOBILE HOME PARK, TRAILER PARK
$890,000
Current use
MEDICAL BUILDING
$1,375,000
Change: +55% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,225,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,190,000
Change: +34% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,155,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,040,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Mar 11 2024)
Last sale anchor
$850k
Mar 11 2024
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
$169 / 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
$7,392
Tax year 2023
Assessed value
$758,000
Assessed 2023
Previous assessed
$659,100
+15.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$165,336
Assessed improvement
$592,664
Land market value
$165,336
Improvement market value
$592,664
Total market value
$758,000
Applied tax rate
10,166.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
5,016 SF
Lot
0.43 ac (18,731 SF)
Zoning code
NC : CLK
APN
164507-000
UPID
US90-2208864
Jurisdiction
CLARK
Zoning & alternative use
NC : CLK · Vancouver, WA
Zoning NC : CLK · permitted uses
NC : CLK · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MOBILE HOME PARK, TRAILER PARK Current
Est. value
$890,000
MEDICAL BUILDING
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MOBILE HOME PARK, TRAILER PARK Current
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
2016
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Central Wa LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1250 ANNA LN, WENATCHEE, WA 98801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
$850,000
Central Wa LLC
Fishers Landing Retail LLC
Warranty Deed
—
Jun 4, 2012
$110,000
Fishers Landing Retail LLC
Berger,donald L & Pearl L
Warranty Deed
—
Sep 12, 2008
—
First Street Retail LLC
Hansen,lawrence H
Warranty Deed
—
Sep 12, 2008
$100,000
Donald L Berger
First Street Retail LLC
Warranty Deed
—
Jul 10, 2000
$125,000
First Street Retail LLC
Hansen,lawrence H
Grant Deed
related
$125,000 · Seller
Jul 27, 1999
—
Jay Ostermiller
Hansen,lawrence H
Quit Claim Deed
related
—
Nov 19, 1990
—
Lawrence Hansen
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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