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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Warehouses
2118 12th Ave 1 Battle Ground, WA 98604-5920
Entity Owned
Free & Clear
Property ID
US90-1509456
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
19,100 SF
Lot
1.45 ac (63,162 SF)
Zoning code
ML : BAG
APN
194369-000
UPID
US90-1509456
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
-
Waterways Inc Plumbing Service General Contractor
-
Green Leaf Landscaping Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.53M
Owner & transaction history
Greenwater Investments LLC
Greenwater Investments LLC
since 2026
7 recorded transactions
Zoning & alternative use
ML : BAG · Battle Ground, 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 Battle Ground submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Battle Ground 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
WAREHOUSE, STORAGE
$2,325,000
Current use
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±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
$80 / 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
$13,803
Tax year 2023
Assessed value
$1,932,800
Assessed 2023
Previous assessed
$1,757,100
+10.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$382,118
Assessed improvement
$1,550,682
Land market value
$382,118
Improvement market value
$1,550,682
Total market value
$1,932,800
Applied tax rate
10,267.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
19,100 SF
Lot
1.45 ac (63,162 SF)
Zoning code
ML : BAG
APN
194369-000
UPID
US90-1509456
Jurisdiction
CLARK
Zoning & alternative use
ML : BAG · Battle Ground, WAZoning ML : BAG · permitted uses
ML : BAG · Battle Ground, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.3M
WAREHOUSE, STORAGE Current
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
2005
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
1.45 ac
Current owner
From public records · entity-resolved
Greenwater Investments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2118 SE 12TH AVE STE #101, BATTLE GROUND, WA 98604-5921
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
$3,500,000
Greenwater Investments LLC
Waterways Busines Park LLC
Warranty Deed
—
Sep 26, 2005
—
Richard E Rhodes
Rhoades,katherine L
Quit Claim Deed
related
$1,500,000 · Riverview Community Bank
Feb 26, 2002
—
Battle Ground City (wa)
Achen,michael L & Catherine J
Grant Deed
related
—
Mar 29, 1996
—
Michael L Achen
—
Deed Of Trust
related
$1,400,000 · Bank Of Vancouver
Aug 30, 1991
$25,000
Michael Achen
Unknown
Grant Deed
—
—
—
Michael L Achen
—
Deed Of Trust
related
$202,000 · Individual
—
—
Michael L Achen
—
Deed Of Trust
related
$250,000 · Northwest National Bank
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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