New search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Day care centers
2203 129th St 363, Vancouver, WA 98686-3252
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1951943
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2019
Total area
11,549 SF
Lot
1.81 ac (78,844 SF)
Zoning code
GC : CLK
APN
186551-003
UPID
US90-1951943
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
-
KIRKWOOD BUSINESS PARK Business Service Center Corporate Office
-
Kiddie Academy of Vancouver - Salmon Creek Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$789k
Blend (final)
Blend
$700k
Owner & transaction history
Westside 129th Partners LLC · 7 yrs held
Westside 129th Partners LLC
since 2018
5 recorded transactions
Zoning & alternative use
GC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+46.3%
Warehouse, storage
$955,000
+38.4%
Office building
$785,000
+14.1%
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
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$690,000
Current use
AUTO REPAIR, GARAGE
$1,005,000
Change: +46% · Conversion: Difficult
WAREHOUSE, STORAGE
$955,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$785,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$755,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$61 / 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
$27,027
Tax year 2023
Assessed value
$2,750,000
Assessed 2023
Previous assessed
$2,658,040
+3.5% YoY
Effective rate
0.98%
On assessed value
Assessed land
$937,100
Assessed improvement
$1,812,900
Land market value
$937,100
Improvement market value
$1,812,900
Total market value
$2,750,000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2019
Heating
NONE
Stories
1
Total area
11,549 SF
Lot
1.81 ac (78,844 SF)
Zoning code
GC : CLK
APN
186551-003
UPID
US90-1951943
Jurisdiction
CLARK
Zoning & alternative use
GC : CLK · Vancouver, WA
Zoning GC : CLK · permitted uses
GC : 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$955,000
OFFICE BUILDING
Est. value
$785,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$755,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2019
Heating
NONE
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Westside 129th Partners LLC
Entity
Mailing address
610 ESTHER ST STE #202, VANCOUVER, WA 98660-3027
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
—
129th Partners LLC
—
Deed
related
$3,000,000 · Onpoint Community Cu
Jan 17, 2019
—
Westside 129th Partners LLC
—
Deed
related
$3,185,000 · Banner Bank
Oct 17, 2018
$1,000,000
Westside 129th Partners LLC
Pacific Cataract & Laser Inst
Warranty Deed
—
Dec 23, 2011
$2,775,000
Pacific Cataract & Laser Institute
Salmon Creek Commons Professional P
Warranty Deed
$1,957,500 · Wells Fargo Bank NA
—
—
Salmon Creek Medical Commons L
—
Deed Of Trust
related
$240,000 · Anderson Joint Trust (pt)
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 2203 129th St, Unit 363?
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.
