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Property profile & analytics
OFF-MARKET
Estimated value
$7,390,000
Strip malls
2500 Main St 1 Battle Ground, WA 98604-4228
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0771564
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
39,320 SF
Lot
8.59 ac (374,180 SF)
Zoning code
RC : BAG
APN
091050-132
UPID
US90-0771564
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
-
Bank of America ATM (Drive-thru) Atm Financial Consultant
-
Bank of America (with Drive-thru ATM) Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.39M
Owner & transaction history
Sjo Northgate LLC · 7 yrs held
Sjo Northgate LLC
since 2019
3 recorded transactions
Zoning & alternative use
RC : BAG · Battle Ground, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.2M
+12.0%
Restaurant
$11.7M
+7.6%
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 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%
$11,175,000
6.5%
$10,315,000
7%
$9,580,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$10,905,000
Current use
RETAIL STORES
$12,215,000
Change: +12% · Conversion: Easy
RESTAURANT
$11,735,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$10,550,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,565,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$7.39M
Range $6.65M – $8.13M · ±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
$188 / 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
$82,807
Tax year 2023
Assessed value
$11,590,600
Assessed 2023
Previous assessed
$10,536,900
+10.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$2,612,632
Assessed improvement
$8,977,968
Land market value
$2,612,632
Improvement market value
$8,977,968
Total market value
$11,590,600
Applied tax rate
10,240.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Buildings
4
Stories
1
Total area
39,320 SF
Lot
8.59 ac (374,180 SF)
Zoning code
RC : BAG
APN
091050-132
UPID
US90-0771564
Jurisdiction
CLARK
Zoning & alternative use
RC : BAG · Battle Ground, WAZoning RC : BAG · permitted uses
RC : 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$10.9M
RETAIL STORES
Est. value
$12.2M
RESTAURANT
Est. value
$11.7M
MEDICAL BUILDING
Est. value
$10.6M
COMMERCIAL (GENERAL)
Est. value
$9.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Buildings
4
Lot
8.59 ac
Current owner
From public records · entity-resolved
Sjo Northgate LLC
Entity
Mailing address
915 W 11TH ST, VANCOUVER, WA 98660-3058
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2019
—
Sjo Northgate LLC
—
Grant Deed
related
$37,000,000 · Bank Of America
—
—
Battle Ground Market Center
—
Deed Of Trust
related
$7,600,000 · State Farm Life Insurance Co
—
—
Battle Ground Market Center As
—
Deed Of Trust
related
$7,300,000 · First Independent 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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