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Property profile & analytics
OFF-MARKET
Estimated value
$3,160,000
Distribution centers
1810 Commerce Ave 237 Battle Ground, WA 98604-8963
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0971547
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2002
Construction
STEEL FRAME
Total area
15,100 SF
Lot
1.5 ac (65,340 SF)
Zoning code
ML : BAG
APN
192200-000
UPID
US90-0971547
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
-
Agrijuana Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.16M
CAP Approach
CAP
$2.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.16M
Owner & transaction history
Commerce 1810 LLC · 2 yrs held
Commerce 1810 LLC
since 2024
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
ML : BAG · Battle Ground, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.7M
+155.0%
Restaurant
$4.5M
+145.1%
Neighborhood: shopping center
$4.2M
+127.8%
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 Battle Ground submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Ground 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
$3,160,000
ML approach
$3,160,000
CAP Approach
CAP Return
Estimation
6%
$2,305,000
6.5%
$2,125,000
7%
$1,975,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,690,000
Change: +155% · Conversion: Moderate
RESTAURANT
$4,510,000
Change: +145% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,190,000
Change: +128% · Conversion: Moderate
MEDICAL BUILDING
$4,050,000
Change: +120% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,675,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,980,000
Change: +62% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,925,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$3.16M
Range $2.84M – $3.48M · ±10% · vs last sale $3.16M (Jan 5 2024)
Last sale anchor
$3.16M
Jan 5 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
$209 / 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
$10,732
Tax year 2023
Assessed value
$1,504,900
Assessed 2023
Previous assessed
$1,368,100
+10.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$395,307
Assessed improvement
$1,109,593
Land market value
$395,307
Improvement market value
$1,109,593
Total market value
$1,504,900
Applied tax rate
10,267.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Total area
15,100 SF
Lot
1.5 ac (65,340 SF)
Zoning code
ML : BAG
APN
192200-000
UPID
US90-0971547
Jurisdiction
CLARK
Zoning & alternative use
ML : BAG · Battle Ground, WAZoning ML : BAG · permitted uses
ML : BAG · Battle Ground, 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
RETAIL STORES
Est. value
$4.7M
RESTAURANT
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
MEDICAL BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (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
2002
Construction
STEEL FRAME
Heating
OTHER
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Commerce 1810 LLC
Entity
Mailing address
4857 NW LK RD STE #320, CAMAS, WA 98607-7636
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
—
Troy Shapovalov
—
Deed
related
$370,000 · Cmg Mortgage INC
Jan 5, 2024
$3,160,000
Commerce 1810 LLC
S&d Building Investments LLC
Warranty Deed
—
Jul 21, 2021
—
S & D Building Investment LLC
—
Deed
related
$865,000 · Sound Cu
Jun 17, 2016
—
S & D Building Investments LLC
—
Deed
related
$910,000 · Salal Cu
Jun 13, 2016
—
S & D Building Investments LLC
Johnson Building Invs LLC
Warranty Deed
—
Jan 16, 2003
—
Johnson Building Investment
Johnson,shane E & Dawn D
Quit Claim Deed
related
—
—
—
S & D Building Investments LLC
—
Deed Of Trust
related
$910,000 · Salal Cu
—
—
Johnson Building Investments
—
Deed Of Trust
related
$1,072,000 · Bank Of Clark County
—
—
Johnson Building Invs LLC
—
Deed Of Trust
related
$1,324,000 · Bank Of Clark County
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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