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Property profile & analytics
OFF-MARKET
Estimated value
$9,975,000
Retail space
19005 Ml Pln Blvd Vancouver, WA 98683-9316
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0761399
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
CONCRETE
Total area
104,615 SF
Lot
8.61 ac (375,052 SF)
Zoning code
MX : VAN
APN
176596-000
UPID
US90-0761399
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
-
JCPenney Portraits Photography Service (Bike/Boat/Book/etc) Store
-
JCP Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.98M
Owner & transaction history
Wal-mart Real Est Business Tr · 21 yrs held
Wal-mart Real Est Business Tr
since 2004
7 recorded transactions
Zoning & alternative use
MX : VAN · Vancouver, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$95 / 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
$93,430
Tax year 2023
Assessed value
$9,793,500
Assessed 2023
Previous assessed
$8,516,100
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$6,167,761
Assessed improvement
$3,625,739
Land market value
$6,167,761
Improvement market value
$3,625,739
Total market value
$9,793,500
Applied tax rate
10,164.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
OTHER
Stories
1
Total area
104,615 SF
Lot
8.61 ac (375,052 SF)
Zoning code
MX : VAN
APN
176596-000
UPID
US90-0761399
Jurisdiction
CLARK
Zoning & alternative use
MX : VAN · Vancouver, WA
Zoning MX : VAN · permitted uses
MX : VAN · 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.
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
OTHER
Stories
1
Lot
8.61 ac
Current owner
From public records · entity-resolved
Wal-mart Real Est Business Tr
Individual
Free & Clear · 21 yrs held
Mailing address
15350 SW SEQUOIA PKWY STE #300, PORTLAND, OR 97224-7175
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
—
Columbia Tech Center LLC
—
Deed
related
$60,000,000 · The Northwest Mutual Life Insurance
Aug 14, 2025
—
Columbia Tech Center LLC
—
Deed
related
—
Nov 2, 2021
—
Columbia Tech Center LLC
—
Deed
related
—
Oct 29, 2012
—
Columbia Tech Center LLC
—
Deed Of Trust
related
$20,000,000 · Northwestern Mutual Life Ins
Dec 15, 2011
—
Columbia Tech Center LLC
—
Deed Of Trust
related
$20,000,000 · Northwestern Mutual Life Ins
Jul 29, 2004
$9,729,909
Wal-mart Real Est Business Tr
Columbia Tech Center LLC
Grant Deed
—
Feb 3, 2004
—
Vancouver City (wa)
Columbia Tech Center LLC
Grant Deed
related
—
Jun 15, 1998
—
Walter L Musa
Subterraneas Asset Lc
Quit Claim Deed
related
—
Jun 15, 1998
$3,000,000
Columbia Tech Center LLC
Musa,walter L
Trustees Deed
—
Jan 14, 1998
—
Subterranean Assets LLC
Browning,deanna M & Christopher
Quit Claim Deed
related
—
Mar 25, 1996
—
Subterranean Asset LLC
Subterranean Trust
Quit Claim Deed
related
—
—
—
Shv 3 LLC
—
Deed Of Trust
related
$1,000,000 · Irwin Franchise Capital Corp
—
—
Jorcody Restaurants INC
—
Deed Of Trust
related
$391,850 · Ge Capital Franchise Finance
—
—
Shv 3 LLC
—
Deed Of Trust
related
$350,000 · Irwin Franchise Capital Corp
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.
Try Rey
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