Back to Search
Property profile & analytics
FOR SALE
Commercial real estate
311 E Reserve St Vancouver, WA 98661
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3023478
For Sale
1 / 7
$3,685,000
311 E Reserve St, Vancouver, WA 98661
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
WOOD
Total area
12,839 SF
Lot
0.64 ac (27,878 SF)
Zoning code
IL : VAN
APN
031047-000
UPID
US90-3023478
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
-
Mancaves at Pearson Storage Storage Facility
-
Atlas Fabrication and Manufacturing LLC Factory Production Facility
-
GT Custom Metal General Contractor
-
ROCK U High School
-
Kustom Metalwerx & Fabrication Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.59M
Owner & transaction history
Row 17 LLC · 12 yrs held
Row 17 LLC
since 2013
7 recorded transactions
Zoning & alternative use
IL : 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
$123 / 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
$11,836
Tax year 2023
Assessed value
$1,265,600
Assessed 2023
Previous assessed
$1,150,500
+10.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$214,664
Assessed improvement
$1,050,936
Land market value
$214,664
Improvement market value
$1,050,936
Total market value
$1,265,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1950
Construction
WOOD
Heating
NONE
Buildings
6
Stories
1
Total area
12,839 SF
Lot
0.64 ac (27,878 SF)
Zoning code
IL : VAN
APN
031047-000
UPID
US90-3023478
Jurisdiction
CLARK
Zoning & alternative use
IL : VAN · Vancouver, WA
Zoning IL : VAN · permitted uses
IL : 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
1950
Construction
WOOD
Heating
NONE
Stories
1
Buildings
6
Lot
0.64 ac
Current owner
From public records · entity-resolved
Row 17 LLC
Entity
Mailing address
5706 BUENA VIS DR, VANCOUVER, WA 98661-7108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2013
$425,000
Row 17 LLC
Macdaddy Properties LLC
Warranty Deed
$292,500 · First Republic Bank
Nov 9, 2010
—
Macdaddy LLC
Willett,arthur P
Quit Claim Deed
related
—
—
—
Arthur P Willett
—
Deed Of Trust
related
$200,000 · Individual
—
—
Arthur P Willett
—
Deed Of Trust
related
$200,000 · Robert W Kalmbach
—
—
Arthur P Willett
—
Deed Of Trust
related
$20,000 · Patricia M Witt
—
—
Lennington Corp
—
Deed Of Trust
related
$40,000 · Individual
—
—
Arthur P Willett
—
Deed Of Trust
related
$40,000 · Individual
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?”
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.
