Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,350,000
Retail space
315 192nd Ave Vancouver, WA 98684-7505
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-2721740
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
40,960 SF
Lot
1.08 ac (47,045 SF)
Zoning code
CC : VAN
APN
986038-591
UPID
US90-2721740
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
-
Rebound Physical Therapy - Camas Medical Clinic
-
Kristin Tognetti Physician
-
James J. Heid MD Pediatrician Physician
-
Corner of Tastes Restaurant
-
NIKKI LYNN GOEBEL Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.35M
Owner & transaction history
Forging Union LLC
Forging Union LLC
since 2025
7 recorded transactions
Zoning & alternative use
CC : 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%
$8,060,000
6.5%
$7,440,000
7%
$6,910,000
Blend value · Realmo final
$6.35M
Range $5.72M – $6.99M · ±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
$155 / 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
$84,228
Tax year 2023
Assessed value
$8,799,800
Assessed 2023
Previous assessed
$7,652,000
+15.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,071,202
Assessed improvement
$7,728,598
Land market value
$1,071,202
Improvement market value
$7,728,598
Total market value
$8,799,800
Applied tax rate
10,179.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
2
Stories
2
Total area
40,960 SF
Lot
1.08 ac (47,045 SF)
Zoning code
CC : VAN
APN
986038-591
UPID
US90-2721740
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WA
Zoning CC : VAN · permitted uses
CC : 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
2018
Heating
NONE
Stories
2
Buildings
2
Lot
1.08 ac
Current owner
From public records · entity-resolved
Forging Union LLC
Entity
Mailing address
275 W 3RD ST STE #300, VANCOUVER, WA 98660-3538
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
$18,675,000
Forging Union LLC
Ten Talents Delaware 14 LLC
Bargain & Sale Deed
—
Feb 7, 2022
—
Ten Talents Delaware 14 LLC
Ten Talents Investments 14 LLC
Warranty Deed
—
Oct 18, 2019
—
Ten Talents Investments 14 LLC
—
Deed
related
$4,959,500 · Pacific Premier Bk
Sep 30, 2019
—
Ten Talents Investments 14 LLC
—
Deed
related
—
Nov 1, 2018
—
Ten Talents Investments 14 LLC
—
Deed
related
$4,959,500 · Pacific Premier Bank
Oct 3, 2018
—
City Of Vancouver
Ten Talents Investments 14 LLC
Quit Claim Deed
related
—
Jul 19, 2018
—
Water Public Lines
Ten Talents Investments 14 LLC
Grant Deed
—
Oct 19, 2017
—
Ten Talents Investments 14 LLC
—
Trustees Deed
related
$4,150,000 · Northwest Bk
Feb 28, 2017
—
Ten Talents Investments 14 LLC
—
Grant Deed
related
$2,285,000 · Northwest Bk
—
—
Ten Talents Investments 14 LLC
—
Loan Modification
related
$4,959,500 · Pacific Premier Bk
—
—
Ten Talents Investments 14 LLC
—
Loan Modification
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.
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?”
You own 315 192nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.