New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,945,000
Office Spaces
201 73rd St, Vancouver, WA 98665-8345
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2004964
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Construction
STEEL FRAME
Total area
25,056 SF
Lot
1.19 ac (51,836 SF)
Zoning code
CC : CLK
APN
148009-000
UPID
US90-2004964
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
-
Retired Senior Volunteer Social Service Agency Charitable Organization
-
Senior Information & Asstnc Social Service Agency Charitable Organization
-
Area Agency on Aging & Disabilities of Southwest Washington Community Center
-
Youth Initiative Child Welfare Organization Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.16M
Comparable Approach
Comparable
$6.24M
Blend (final)
Blend
$4.95M
Owner & transaction history
Omega Cp2 LLC · 6 yrs held
Omega Cp2 LLC
since 2019
7 recorded transactions
Zoning & alternative use
CC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.0M
+34.8%
Medical building
$6.9M
+15.7%
Industrial (general)
$6.1M
+3.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,590,000
6.5%
$5,160,000
7%
$4,790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,945,000
Current use
RETAIL STORES
$8,010,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$6,875,000
Change: +16% · Conversion: Easy
INDUSTRIAL (GENERAL)
$6,125,000
Change: +3% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,780,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,205,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$4.95M
Range $4.45M – $5.44M · ±10%
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
$197 / 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
$43,259
Tax year 2023
Assessed value
$4,430,500
Assessed 2023
Previous assessed
$4,215,400
+5.1% YoY
Effective rate
0.98%
On assessed value
Assessed land
$497,600
Assessed improvement
$3,932,900
Land market value
$497,600
Improvement market value
$3,932,900
Total market value
$4,430,500
Applied tax rate
10,029.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Bathrooms
1
Total area
25,056 SF
Lot
1.19 ac (51,836 SF)
Zoning code
CC : CLK
APN
148009-000
UPID
US90-2004964
Jurisdiction
CLARK
Zoning & alternative use
CC : CLK · Vancouver, WA
Zoning CC : CLK · permitted uses
CC : CLK · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.9M
RETAIL STORES
Est. value
$8.0M
MEDICAL BUILDING
Est. value
$6.9M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$5.2M
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Bathrooms
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Omega Cp2 LLC
Entity
Mailing address
4915 SW GRIFFITH DR STE #300, BEAVERTON, OR 97005-2933
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2019
—
Omega Cp2 LLC
Kimberly 201 LLC
Warranty Deed
$3,300,000 · American Business Bank
Aug 15, 2017
—
Kimberly201 LLC
—
Deed
related
—
Nov 30, 2006
$4,972,500
Kimberly 201 LLC
Kimberly Center LLC
Warranty Deed
$3,995,000 · Umpqua Bank
Aug 16, 2005
—
Kimberly Center LLC
—
Trustees Deed
related
$2,450,000 · Umpqua Bank
May 21, 2004
—
Clark County (wa)
Kimberly Center LLC
Quit Claim Deed
related
—
Dec 13, 2002
$235,000
Kimberly Center LLC
Turner,barbara E
Grant Deed
$849,500 · Umpqua Bank
—
—
Kimberly Center LLC
—
Deed Of Trust
related
$277,092 · Umpqua Bank
—
—
Kimberly201 LLC
—
Loan Modification
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 201 73rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
