Technical
Financial
Distress signals
Property profile

1701 31st St 81 Vancouver, WA 98660

OFF-MARKET
Warehouses
Property ID
US90-0808971
52,985 SF 2.58 ac lot Built 1996
Individually Owned 23-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 18,900-square-foot industrial warehouse in Vancouver, Washington, presents a significant opportunity for businesses seeking efficient and strategically located space. Situated on a 2.58-acre lot, the property boasts a single-tenant occupancy and offers immediate availability. The warehouse features 3 dock-high loading doors equipped with pit levelers, plus one 14' x 16' electric grade-level loading door, ensuring seamless loading and unloading operations. The clear ceiling height ranges from 21 to 24 feet, providing ample vertical space for storage and operations. A concrete apron with awning provides additional protection and functionality. The building is fully insulated, contributing to energy efficiency. The property benefits from 3-phase power and motion-sensing LED lighting, enhancing both productivity and cost-effectiveness. Zoned for light industrial use (IL), this location offers easy access to major transportation arteries, including Interstate 5, and enjoys proximity to the Port of Vancouver, a key transportation hub. The monthly rent is $15,120 plus NNN expenses at a blended rate of $0.80 per square foot. The building includes approximately 240 square feet of office space. This property is ideal for distribution, manufacturing, or warehousing operations seeking a prime location with excellent access to transportation and infrastructure.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1996
Construction STEEL FRAME
Total area 52,985 SF
Lot 2.58 ac (112,385 SF)
Zoning code IL : VAN
APN 000062-000
UPID US90-0808971

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply
  • Construction Company General Contractor

Location

1701 31st St, Unit 81 Vancouver, WA 98660-1281
Vancouver metro Census 41005 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.42M

Owner & transaction history

since 2003
7 recorded transactions
2005
Price N/A
2003
Price N/A
2003
Price N/A
1992
$75,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IL : VAN · Vancouver, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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