Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    19120 Southeast 34Th St Vancouver, WA 98683

    • Office Properties & Spaces
    • 33,174 SF
    • 2.34 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US90-3338630
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Northwest Smile Dental / Dentist / Emergency Dental Service
    • Molina Healthcare of Washington Regional Office / Medical Clinic / Doctor
    • Nw Affinity Dental / Dentist / Emergency Dental Service
    • JM Civil / Engineering Consultant
    • Luke M Wright, Counselor / Psychiatrist / Psychologist

    Property Details for 19120 Southeast 34Th St

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    2.34 lot acres
    Property size
    33,174 SF
    Zone code
    CC : VAN
    Property type
    Office Properties & Spaces
    APN
    125843-080
    APU
    125843080

    Description

    This exceptional Class A office building, Riverstone Office, offers a prime location in Vancouver, Washington, at 19120 SE 34th St, 98683. Built in 2001, this two-story building boasts 34,087 square feet of total space, with 7,752 square feet currently vacant. Multiple tenancy options are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,489 square feet. The building features attractive 11-foot ceilings and ample parking with 162 spaces. Conveniently located in Clark County, this property offers easy access from the new SE 192nd Avenue & SR-14 Interchange or from SE 34th Street east to SE 164th Avenue. Enjoy the benefits of abundant parking, building signage opportunities on 192nd Avenue, and a modern design. Additional amenities include shower facilities and bike storage. The property's strategic location provides proximity to a variety of retail, dining, and grocery options, along with other essential services. Commuting is a breeze, with Portland International Airport just a 15-minute drive away. This is an outstanding opportunity for businesses seeking a well-appointed and conveniently located office space in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.479
    Latitude
    45.5973
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,926
    $2,698,596
    $2,743,804
    $5,442,400
    -
    $2,698,596
    $2,743,804
    $5,442,400

    Comparable in this City

    • Value Estimation
      $11,380,000
      74,898 SF

      18700 Ml Pln Blvd

      OFFICE (GENERAL) • 74,898 SF
      18700 Ml Pln Blvd, Vancouver, WA 98683-9322
      View Details
    • Value Estimation
      $7,080,000
      54,196 SF

      17200 Ml Pln Blvd

      OFFICE (GENERAL) • 54,196 SF
      17200 Ml Pln Blvd, Vancouver, WA 98683-7587
      View Details
    • Value Estimation
      $1,855,000
      15,279 SF

      13500 7th St

      OFFICE (GENERAL) • 15,279 SF
      13500 7th St, Vancouver, WA 98683-6909
      View Details
    • Value Estimation
      $805,000
      5,022 SF

      3510 164th Ave

      OFFICE (GENERAL) • 5,022 SF
      3510 164th Ave, Vancouver, WA 98683
      View Details
    • Value Estimation
      $7,870,000
      694,205 SF

      18110 34th St, Unit 5

      OFFICE (GENERAL) • 694,205 SF
      18110 34th St, Vancouver, WA 98683-9418
      View Details
    • Value Estimation
      $650,000
      3,888 SF

      1100 Park Crst Ave

      OFFICE (GENERAL) • 3,888 SF
      1100 Park Crst Ave, Vancouver, WA 98683-4657
      View Details

    Similar Nearby for Sale

    • $1,385,000
      4,630 SF

      Functional Commercial Space in Vancouver

      Flexible commercial space in east Vancouver with ample parking.
      Vancouver, WA 98683
      View Details
    • Contact for pricing
      5,000 SF

      Prime Vancouver Office Condos

      Modern Office Suites, Excellent Location
      12330 5Th St, Vancouver, WA 98683
      View Details
    • $419,000

      Updated Oakmont Overlooking Golf Course

      Updated Oakmont unit with golf course views in 55+ community.
      2624 SE Baypoint Dr, Vancouver, WA 98683
      View Details
    • $425,000
      0.18 Acres

      Land in Columbia Eden Estates

      Premium land in Vancouver's prestigious new community.
      16719 SE 44Th Cir, Vancouver, WA 98683
      View Details
    • New
      $245,000
      0.23 Acres

      Vancouver Land with River Views

      Residential land in Vancouver, WA, with potential river views.
      14215 SE Bella Vista Pl, Vancouver, WA 98683
      View Details
    • $2,941,930
      1.34 Acres

      Fisher's Landing Commercial Land

      Two prime Vancouver, WA lots. Ideal development opportunity.
      0 18Th St, Vancouver, WA 98683
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      45,218 SF

      Prime Vancouver Office Space

      Class A Office, 45,218 sqft, 2 stories
      16703 Mcgillivray Blvd, Vancouver, WA 98683
      View Details
    • $20 SF/Yr
      11,832 SF

      Cascade Village Retail Spaces

      Prime Retail/Office in Cascade Park
      808 Chkalov Dr, Vancouver, WA 98683
      View Details
    • $28 SF/Yr
      33,174 SF

      Modern Office Space with Signage

      Modern office space with parking, signage, and convenient amenities.
      19120 SE 34Th St, Vancouver, WA 98683
      View Details
    • $25 SF/Yr
      87,857 SF

      Adaptable Flex Space Near Portland

      Climate-controlled flex space suitable for manufacturing, flex, and office uses.
      18110 SE 34Th St, Vancouver, WA 98683
      View Details
    • $28 SF/Yr
      15,000 SF

      Prime Vancouver Medical Office Space

      Modern medical office suites available now.
      12330 5Th St, Vancouver, WA 98683
      View Details
    • $12 SF/Yr
      712,138 SF

      The VIC: Vancouver Industrial Campus

      Versatile Vancouver industrial space. Multiple suites available.
      18110 34Th St, Vancouver, WA 98683
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19120 Southeast 34Th St
    Vancouver, WA 98683
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.