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Property profile & analytics
OFF-MARKET
Estimated value
$4,770,000
Mobile home & RV parks
203 179th St 9 Ridgefield, WA 98642-5749
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-3341700
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
2018
Construction
STEEL FRAME
Total area
18,475 SF
Lot
4.66 ac (202,990 SF)
Zoning code
GC : CLK
APN
182145-000
UPID
US90-3341700
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
-
Dr. David K. Chan, DMD Dental Office
-
Clark county fairgrounds rv & storage Hotel & Motel Bed & Breakfast
-
Clark County Fairgrounds RV Park & Storage Campground & RV Park
-
Northwest Smile Designs Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$4.77M
Owner & transaction history
Clark County Fairgrounds Rv Park & · 8 yrs held
Clark County Fairgrounds Rv Park &
since 2018
7 recorded transactions
Zoning & alternative use
GC : CLK · Ridgefield, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Code of Ordinances
Top alternative use upside
Retail stores
$5.7M
+75.3%
Restaurant
$5.5M
+68.5%
Neighborhood: shopping center
$5.1M
+56.6%
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 Ridgefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgefield 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MOBILE HOME PARK, TRAILER PARK
$3,275,000
Current use
RETAIL STORES
$5,740,000
Change: +75% · Conversion: Difficult
RESTAURANT
$5,515,000
Change: +69% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,125,000
Change: +57% · Conversion: Difficult
MEDICAL BUILDING
$4,955,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,495,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,645,000
Change: +11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,580,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$4.77M
Range $4.29M – $5.25M · ±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
$258 / 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
$63,088
Tax year 2023
Assessed value
$6,963,300
Assessed 2023
Previous assessed
$6,039,100
+15.3% YoY
Effective rate
0.91%
On assessed value
Assessed land
$1,688,400
Assessed improvement
$5,274,900
Land market value
$1,688,400
Improvement market value
$5,274,900
Total market value
$6,963,300
Applied tax rate
10,333.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
3
Stories
1
Bathrooms
1
Total area
18,475 SF
Lot
4.66 ac (202,990 SF)
Zoning code
GC : CLK
APN
182145-000
UPID
US90-3341700
Jurisdiction
CLARK
Zoning & alternative use
GC : CLK · Ridgefield, WAZoning GC : CLK · permitted uses
GC : CLK · Ridgefield, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Code of Ordinances
Alternative use value scenarios
Repositioning upside vs current use
MOBILE HOME PARK, TRAILER PARK Current
Est. value
$3.3M
RETAIL STORES
Est. value
$5.7M
RESTAURANT
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$3.6M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
MOBILE HOME PARK, TRAILER PARK Current
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
2018
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
3
Bathrooms
1
Lot
4.66 ac
Current owner
From public records · entity-resolved
Clark County Fairgrounds Rv Park &
Entity
Mailing address
7607 NE 26TH AVE, VANCOUVER, WA 98665-0637
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2022
—
Clark Cnty Fairgrounds Rv Park & St
—
Deed
related
$2,360,000 · Riverview Bank
Jun 14, 2022
—
Clark Cnty Fairground Rv Park & Sto
—
Deed
related
$2,852,500 · Avec Gk INC
Dec 15, 2021
—
Clark Cnty Fairgorlnd Rv Park & Sto
—
Deed
related
$900,000 · Avec Gk INC
Aug 6, 2020
—
Clark Cnty Fairgrounds Rv Pk
—
Deed
related
$6,249,658 · Riverview Cmnty Bk
Mar 9, 2018
$2,250,000
Clark County Fairgrounds Rv Park &
Fair Commercial LLC
Warranty Deed
$4,957,500 · Riverview Community Bank
Dec 15, 2017
—
Fair Commercial LLC
—
Deed
related
$250,000 · Boverman & Associates LLC
Jul 6, 2015
—
Fair Commercial LLC
Defrees Michael J
Quit Claim Deed
related
—
Mar 7, 2003
—
Clark County (wa)
Defrees,michael J
Grant Deed
related
—
Jan 30, 1998
$320,000
Michael J Defrees
Boynton,joseph L & Arretta M
Grant Deed
—
Oct 13, 1995
—
Joseph L Boynton
Cleveland,edgar M & Maria T
Quit Claim Deed
related
$25,100 · Seller
Sep 9, 1994
$500,000
Edgar M Cleveland
Boynton,joseph L & Arretta M
Grant Deed
$404,358 · Seller
Sep 1, 1993
$230,000
Boynton J L
Unknown
Grant Deed
—
Mar 22, 1990
$132,500
Richard P Jochim
Jochim,richard P
Grant Deed
related
$83,867 · Northwest National Bank
—
—
Fair Commercial LLC
—
Deed Of Trust
related
$250,000 · Private Individual
—
—
Joseph L Boynton
—
Deed Of Trust
related
$135,000 · Washington Mutual Fsb
—
—
Fair Commercial LLC
—
Deed Of Trust
related
$250,000 · Boverman & Associates LLC
—
—
Clark Cnty Fairgrounds Rv Pk
—
Loan Modification
related
$6,249,658 · Riverview Cmnty Bk
—
—
Micheal J Defrees
—
Deed Of Trust
related
$171,500 · Washington Mutual Fsb
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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