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Property profile & analytics
OFF-MARKET
Estimated value
$1,650,000
Medical Office Space
1821 192nd Ave Camas, WA 98607-6506
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0818691
Property summary
AI-generated overview
This exceptional Class A medical office and retail condo, located at 1821 SE 192nd Ave in Camas, Washington, presents a unique investment opportunity. Completed in 2024, this two-story building boasts a total of 15,377 square feet, divided into four suites. Currently, a significant 3,190 square feet of space is available, ideal for a medical office or retail tenant seeking a high-visibility location. The building features modern amenities, including elevators, and is part of a larger, recently completed development encompassing retail, office, and hotel spaces. Its strategic location in Clark County, WA, zip code 98607, offers excellent access to major transportation routes and a thriving community. The property's "Multiple" tenancy structure provides flexibility and potential for diverse income streams. This ground-floor space is perfect for businesses seeking high foot traffic and easy accessibility. The building's modern design and construction ensure a high-quality environment for both tenants and clients. Don't miss this chance to secure a prime space in a rapidly growing area.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2022
Construction
STEEL FRAME
Total area
15,948 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CC : VAN
APN
126454-001
UPID
US90-0818691
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
-
Bedont Orthodontics Dental Office
-
Prime IV Hydration & Wellness - East Vancouver Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.65M
Owner & transaction history
East Stark LLC · 2 yrs held
East Stark LLC
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CC : VAN · Camas, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,650,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.65M
Range $1.49M – $1.82M · ±10% · vs last sale $1.65M (Mar 15 2024)
Last sale anchor
$1.65M
Mar 15 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
$103 / 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
$40,399
Tax year 2023
Assessed value
$4,233,967
Assessed 2023
Previous assessed
$1,397,110
+203.1% YoY
Effective rate
0.95%
On assessed value
Assessed land
$918,011
Assessed improvement
$3,315,956
Land market value
$918,011
Improvement market value
$3,315,956
Total market value
$4,233,967
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
2022
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Total area
15,948 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CC : VAN
APN
126454-001
UPID
US90-0818691
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.
Building & site characteristics
From public records
Year built
2022
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
East Stark LLC
Entity
Mailing address
12709 NE HWY 99, VANCOUVER, WA 98686-3230
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
—
East Stark LLC
—
Deed
related
$1,568,000 · Cascade Capital Funding
Apr 24, 2024
—
East Stark LLC
—
Deed
related
$3,275,000 · Hapo Community Cu
Mar 15, 2024
$1,652,013
East Stark LLC
Kirkland Premier Office Building Ll
Warranty Deed
$1,321,610 · Hapo Community Cu
Jan 22, 2024
$1,351,979
Bedont And Associates LLC
Kirkland Premier Office Building Ll
Warranty Deed
$1,081,584 · Fifth Third Bank NA
Dec 28, 2023
—
Kirkland Premier Office Building Ll
Kirkland Premmier Car Wash At 192nd
Quit Claim Deed
related
—
Sep 21, 2021
—
Robert C Merril
Robert C Merrill
Warranty Deed
$4,400,000 · Hapo Community Cu
Sep 21, 2021
$1,494,115
Kirkland Premier Office Building Ll
192nd Station Holdings South LLC
Warranty Deed
$1,235,000 · Hapo Community Cu
Jul 29, 2011
—
192nd Station Holdings South LLC
192nd Avenue Station Investors LLC
Quit Claim Deed
related
$6,183,000 · Wells Fargo Bank NA
—
—
192nd Stn Holdings South LLC
—
Deed Of Trust
related
$1,790,750 · Red Canoe Cu
—
—
192nd Station Hldgs S LLC
—
Deed Of Trust
related
$700,000 · Red Canoe Cu
—
—
192nd Stn Holdings South LLC
—
Deed Of Trust
related
$1,530,000 · Red Canoe Cu
—
—
192nd Avenue Stn Invtrs LLC
—
Deed Of Trust
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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