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Property profile & analytics
FOR LEASE
Parking lots & garages
300 W 15Th St, Vancouver, WA 98660
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-1368228
For Lease
1 / 3
$1,525,000
300 W 15Th St, Vancouver, WA 98660
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Property summary
AI-generated overview
This exceptional Class A office property, located at 300 & 314 W 15th Street in Vancouver, Washington, offers a rare opportunity to lease executive office space in a highly desirable location. The building boasts a total of 23,262 square feet, with multiple tenancy options available. Individual suites range from a minimum of 125 square feet to a maximum contiguous space of 956 square feet, providing flexibility for businesses of various sizes. Currently, 1,081 square feet of space is immediately available. The building features convenient elevator access and is situated on a 0.46-acre lot. Its prime location in Clark County, Washington, with a zip code of 98660, offers easy access to major transportation routes and amenities. This is an ideal opportunity for businesses seeking modern, efficient, and well-located executive office space. The property's "A" class designation reflects its high-quality construction and amenities. Inquire today to learn more about the available spaces and lease terms. Don't miss this chance to secure your ideal workspace in this thriving Vancouver location.
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2008
Construction
STEEL FRAME
Total area
38,688 SF
Lot
0.46 ac (20,150 SF)
Zoning code
CX : VAN
APN
052470-000
UPID
US90-1368228
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
-
Farmers Insurance - Aaron Horowitz Insurance Agency
-
Houck & Associates PC Accounting Firm
-
MAJ Commercial Real Estate Real Estate Agency
-
Haley & Aldrich, Inc. Environmental Consultant Engineering Consultant
-
Wyatt Franta Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Lwm Properties LLC · 8 yrs held
Lwm Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
CX : 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$39 / 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
$46,440
Tax year 2023
Assessed value
$4,976,500
Assessed 2023
Previous assessed
$4,976,500
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$1,219,075
Assessed improvement
$3,757,425
Land market value
$1,219,075
Improvement market value
$3,757,425
Total market value
$4,976,500
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Lease
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Bathrooms
1
Total area
38,688 SF
Lot
0.46 ac (20,150 SF)
Zoning code
CX : VAN
APN
052470-000
UPID
US90-1368228
Jurisdiction
CLARK
Zoning & alternative use
CX : VAN · Vancouver, WA
Zoning CX : VAN · permitted uses
CX : 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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Lwm Properties LLC
Entity
Mailing address
300 W 15TH ST STE #201, VANCOUVER, WA 98660-2911
Mailing matches property
Yes
Owner-occupied
Yes
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
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
15th Street Investors LLC
—
Deed
related
$4,500,000 · Twinstar Cu
Dec 29, 2020
—
Maj Place Bp LLC
—
Deed
related
$1,550,000 · Columbia Cmnty Cu
Feb 14, 2018
—
Lwm Properties LLC
—
Deed
related
$3,430,000 · Twinstar Cu
Jan 22, 2018
$1,004,242
Lwm Properties LLC
Vancouver 15th Street Office L
Quit Claim Deed
related
—
Dec 7, 2012
$3,600,000
Vancouver 15 Street Office LLC
West Coast Bank
Bargain And Sale Deed
$1,170,900 · Wells Fargo Bank NA
Dec 7, 2012
—
314 West LLC
West Coast Bk
Quit Claim Deed
related
—
Dec 22, 2011
—
West Coast Bk
314 West LLC
Deed In Lieu Of Foreclosure
—
Aug 24, 2007
—
314 West LLC
—
Trustees Deed
related
$3,300,000 · West Coast Bank
Jun 1, 2007
—
314 West LLC
300 West LLC
Quit Claim Deed
related
—
Feb 26, 2004
—
300 West LLC
Hopper,brian & Susan K
Quit Claim Deed
related
—
Mar 15, 2001
—
Thomas W Dennis
—
Trustees Deed
related
$1,160,000 · West Coast Bank
Sep 30, 1999
$150,000
Thomas W Dennis
Hougan,linda
Grant Deed
—
Jul 3, 1996
—
Linda Hougan
Hougan,mark
Quit Claim Deed
related
$85,000 · Realty Exchangers INC
Jun 5, 1996
$105,000
Linda Hougan
Mettler,john A & Julie A
Grant Deed
$85,000 · Seller
Feb 12, 1991
$50,000
John Mettler
Unknown
Grant Deed
—
—
—
314 West LLC
—
Deed Of Trust
related
$424,800 · West Coast Bank
—
—
314 West LLC
—
Deed Of Trust
related
—
—
—
314 West LLC
—
Deed Of Trust
related
$4,345,000 · West Coast Bank
—
—
Maj Place Bp LLC
—
Deed Of Trust
related
$1,550,000 · Columbia Cmnty Cu
—
—
Lwm Properties LLC
—
Deed Of Trust
related
$3,430,000 · Twinstar Cu
—
—
Vancouver 15 Street Office LLC
—
Deed Of Trust
related
$1,206,000 · Northwest Busn Dev Assn
—
—
314 West LLC
—
Deed Of Trust
related
—
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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