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Property profile & analytics
OFF-MARKET
Individual retail properties
2950 38th Ave 45 Camas, WA 98607-9550
Trust Owned
~
Est. High Equity
Property ID
US90-1650112
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1998
Construction
CONCRETE
Total area
32,410 SF
Lot
4.5 ac (196,020 SF)
Zoning code
CC : CAM
APN
125010-000
UPID
US90-1650112
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
-
Gold’s Gym Camas Gym & Fitness Center
-
Bruce Walker, LMP Alternative Medicine Practice Spa & Massage Center
-
Bruce Walker Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Arne D Olsen Revocable Living Trust
Arne D Olsen Revocable Living Trust
since 2026
6 recorded transactions
Zoning & alternative use
CC : CAM · Camas, 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 Camas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camas 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$31,031
Tax year 2023
Assessed value
$3,505,400
Assessed 2023
Previous assessed
$3,048,200
+15.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,424,770
Assessed improvement
$2,080,630
Land market value
$1,424,770
Improvement market value
$2,080,630
Total market value
$3,505,400
Applied tax rate
10,200.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
32,410 SF
Lot
4.5 ac (196,020 SF)
Zoning code
CC : CAM
APN
125010-000
UPID
US90-1650112
Jurisdiction
CLARK
Zoning & alternative use
CC : CAM · Camas, WA
Zoning CC : CAM · permitted uses
CC : CAM · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
4.5 ac
Current owner
From public records · entity-resolved
Arne D Olsen Revocable Living Trust
Trust
Mailing address
2950 NW 38TH AVE, CAMAS, WA 98607-9550
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
$313
Arne D Olsen Revocable Living Trust
Olsen Arne
Quitclaim Deed
related
—
Jan 28, 2022
—
Lacamas Swim And Fitness Club INC
—
Deed
related
$2,700,000 · Iq Cu
—
—
Lacamas Swim
—
Deed Of Trust
related
$3,800,000 · First Independent Bank
—
—
Lacamas Swim
—
Deed Of Trust
related
$2,976,500 · Riverview Community Bank
—
—
Lacamas Swim
—
Deed Of Trust
related
$1,600,000 · First Independent Bank
—
—
Lacamas Swim
—
Deed Of Trust
related
$900,000 · 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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