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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Assisted living facilities
1722 8th Ave 1, Camas, WA 98607-2614
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-0916630
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2009
Construction
STEEL & CONCRETE
Total area
4,709 SF
Lot
1.62 ac (70,567 SF)
Zoning code
R-10 : CAM
APN
092310-000
UPID
US90-0916630
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
-
Forest Home Elder Care Adult Family Home Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.23M
Owner & transaction history
1722 Properties LLC · 1 yrs held
1722 Properties LLC
since 2025
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
R-10 : CAM · Camas, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+62.3%
Neighborhood: shopping center
$1.3M
+44.9%
Medical building
$1.3M
+40.2%
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
$1,270,000
ML approach
$1,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$900,000
Current use
RETAIL STORES
$1,465,000
Change: +62% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,305,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$1,265,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,145,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$930,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.20M (Mar 31 2025)
Last sale anchor
$1.20M
Mar 31 2025
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
$260 / 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
$10,459
Tax year 2023
Assessed value
$1,180,668
Assessed 2023
Previous assessed
$1,180,099
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$434,814
Assessed improvement
$745,854
Land market value
$434,814
Improvement market value
$745,854
Total market value
$1,180,668
Applied tax rate
10,200.0000
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
2009
Construction
STEEL & CONCRETE
Heating
HEAT PUMP
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
8
Total area
4,709 SF
Lot
1.62 ac (70,567 SF)
Zoning code
R-10 : CAM
APN
092310-000
UPID
US90-0916630
Jurisdiction
CLARK
Zoning & alternative use
R-10 : CAM · Camas, WA
Zoning R-10 : CAM · permitted uses
R-10 : CAM · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$900,000
RETAIL STORES
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$930,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2009
Construction
STEEL & CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
8
Lot
1.62 ac
Current owner
From public records · entity-resolved
1722 Properties LLC
Entity
Mailing address
1722 NW 8TH AVE, CAMAS, WA 98607-2614
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
$1,200,000
1722 Properties LLC
James M Sundem
Warranty Deed
$399,700 · Forest Home Elder Care
Dec 27, 1990
$21,000
James M Sundem
Sundem,james M &
Grant Deed
related
$90,950 · Riverview Savings Bank
Dec 5, 1990
—
James Sundem
Unknown
Grant Deed
related
—
—
—
James M Sundem
—
Deed Of Trust
related
$50,000 · Fred Meyer Employees FCU
—
—
Shane Chen
—
Deed Of Trust
related
$32,000 · Bank Of America
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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