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Property profile & analytics
OFF-MARKET
Estimated value
$4,660,000
Medical Office Space
315 Stonemill Dr, Vancouver, WA 98684-6998
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0760548
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Construction
WOOD
Total area
15,820 SF
Lot
1.5 ac (65,340 SF)
Zoning code
CC : VAN
APN
165174-015
UPID
US90-0760548
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
-
Providence Mill plain Medical Plaza Medical Clinic
-
Providence Medical Group - Mill Plain Medical Clinic
-
Providence Occupational Medicine - Vancouver Occupational Health Service Medical Clinic
-
Labcorp at Providence Mill Plain Medical Clinic Medical Laboratory
-
Andrea M Buckler, D.O. Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.66M
CAP Approach
CAP
$3.13M
Comparable Approach
Comparable
$4.01M
Blend (final)
Blend
$4.66M
Owner & transaction history
Peacehealth · 1 yrs held
Peacehealth
since 2024
Last sale
$4.7M
1 recorded transaction
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.3M
+20.9%
Retail stores
$5.1M
+16.6%
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
$4,660,000
ML approach
$4,660,000
CAP Approach
CAP Return
Estimation
6%
$3,385,000
6.5%
$3,125,000
7%
$2,905,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,340,000
Current use
RESTAURANT
$5,250,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$5,060,000
Change: +17% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,870,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,755,000
Change: -14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,650,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.66M
Range $4.19M – $5.13M · ±10% · vs last sale $4.66M (Dec 31 2024)
Last sale anchor
$4.66M
Dec 31 2024
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
$295 / 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
$36,384
Tax year 2023
Assessed value
$3,813,100
Assessed 2023
Previous assessed
$3,315,700
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,322,431
Assessed improvement
$2,490,669
Land market value
$1,322,431
Improvement market value
$2,490,669
Total market value
$3,813,100
Applied tax rate
10,143.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
15,820 SF
Lot
1.5 ac (65,340 SF)
Zoning code
CC : VAN
APN
165174-015
UPID
US90-0760548
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.3M
RESTAURANT
Est. value
$5.3M
RETAIL STORES
Est. value
$5.1M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
MEDICAL BUILDING Current
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Peacehealth
Individual
Free & Clear · 1 yrs held
Mailing address
1801 LIND AVE SWC, RENTON, WA 98057-3368
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
$4,659,000
Peacehealth
Providence Health & Services
Bargain & Sale Deed
—
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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