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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Assisted living facilities
2924 Falk Rd Vancouver, WA 98661-5604
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-0278446
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Construction
WOOD
Total area
10,258 SF
Lot
1.17 ac (50,965 SF)
Zoning code
R-18 : VAN
APN
030240-012
UPID
US90-0278446
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
-
Lifeline Connections Crisis Center Medical Clinic
-
Andrea Chiavarini Physician
-
Dallas Smith Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$945k
Owner & transaction history
Lifeline Connections · 8 yrs held
Lifeline Connections
since 2018
7 recorded transactions
Zoning & alternative use
R-18 : VAN · Vancouver, 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±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
$92 / 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
Assessed value
$1,689,500
Assessed 2023
Previous assessed
$1,689,500
+0.0% YoY
Assessed land
$407,700
Assessed improvement
$1,281,800
Land market value
$407,700
Improvement market value
$1,281,800
Total market value
$1,689,500
Applied tax rate
10,000.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
10,258 SF
Lot
1.17 ac (50,965 SF)
Zoning code
R-18 : VAN
APN
030240-012
UPID
US90-0278446
Jurisdiction
CLARK
Zoning & alternative use
R-18 : VAN · Vancouver, WA
Zoning R-18 : VAN · permitted uses
R-18 : VAN · 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.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Lifeline Connections
Individual
Mailing address
PO BOX 1678, VANCOUVER, WA 98668-1678
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
Lifeline Connections A
—
Deed
related
$500,000 · Riverview Community Bank
May 24, 2018
$1,400,000
Lifeline Connections
Janus Youth Programs INC
Warranty Deed
$800,000 · Keybank USA
Nov 15, 2017
—
Lifeline Connections
—
Deed
related
$75,000 · Miscellaneous Govt Agcy
May 12, 1999
$798,498
Janus Youth Programs INC
Columbia River Mental Health
Grant Deed
—
—
—
Janus Youth Programs INC
—
Deed Of Trust
related
$300,000 · Clark County (wa)
—
—
Janus Youth Programs INC
—
Deed Of Trust
related
$66,150 · Clark County (nv)
—
—
Janus Youth Programs
—
Deed Of Trust
related
$81,125 · Vancouver City (wa)
—
—
Lifeline Connections
—
Deed Of Trust
related
$75,000 · Miscellaneous Govt Agcy
—
—
Janus Youth Programs
—
Deed Of Trust
related
$66,375 · Department Community Svcs Clar
—
—
Columbia River Mental Health
—
Deed Of Trust
related
$300,000 · Chif Investment Partnership
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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