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Property profile & analytics
OFF-MARKET
Estimated value
$5,860,000
Retail space
316 78th St 8 Vancouver, WA 98665-8218
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1575322
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
WOOD
Total area
30,680 SF
Lot
2.97 ac (129,373 SF)
Zoning code
GC : CLK
APN
145232-000
UPID
US90-1575322
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
-
Banfield Pet Hospital Veterinary Clinic
-
TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
-
PetSmart Grooming Pet Grooming Service
-
PetSmart Dog Training Animal Training
-
PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.86M
Owner & transaction history
Hazel Dell & 78th Assocs LLC · 13 yrs held
Hazel Dell & 78th Assocs LLC
since 2012
7 recorded transactions
Zoning & alternative use
GC : CLK · 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%
$6,035,000
6.5%
$5,575,000
7%
$5,175,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,415,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$5.86M
Range $5.27M – $6.45M · ±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
$191 / 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
$72,617
Tax year 2023
Assessed value
$7,376,400
Assessed 2023
Previous assessed
$6,646,000
+11.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$2,924,550
Assessed improvement
$4,451,850
Land market value
$2,924,550
Improvement market value
$4,451,850
Total market value
$7,376,400
Applied tax rate
10,029.0000
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
2008
Construction
WOOD
Heating
OTHER
Buildings
4
Stories
1
Bathrooms
1
Total area
30,680 SF
Lot
2.97 ac (129,373 SF)
Zoning code
GC : CLK
APN
145232-000
UPID
US90-1575322
Jurisdiction
CLARK
Zoning & alternative use
GC : CLK · Vancouver, WA
Zoning GC : CLK · permitted uses
GC : CLK · 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
Est. value
$8.4M
MEDICAL BUILDING
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
2008
Construction
WOOD
Heating
OTHER
Stories
1
Buildings
4
Bathrooms
1
Lot
2.97 ac
Current owner
From public records · entity-resolved
Hazel Dell & 78th Assocs LLC
Entity
Mailing address
19767 SW 72ND AVE STE #100, TUALATIN, OR 97062-8354
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2019
—
Hazel Dell & 78th Associates LLC
—
Deed
related
$7,000,000 · Banner Bank
Nov 13, 2012
—
Hazel Dell & 78th Assocs LLC
—
Deed Of Trust
related
$7,500,000 · Bank Of America
Oct 12, 2012
—
Hazel Dell & 78th Assocs LLC
American Drug Stores INC
Grant Deed
related
—
Sep 21, 2012
—
Hazel Dell & 78th LLC
American Drug Stores INC
Grant Deed
related
—
Mar 14, 2011
—
Hazel Dell & 78th Assocs LLC
—
Trustees Deed
related
$6,715,898 · Steven J Oliva
Sep 1, 2010
—
Hazel Dell & 78th Assocs LLC
—
Trustees Deed
related
$773,000 · Banner Bank
Nov 30, 2006
—
Clark County
Hazel Dell & 78th Assocs LLC
Quit Claim Deed
related
—
Oct 31, 2002
$1,575,000
Hazel Dell & 78 LLC
American Drug Stores INC
Grant Deed
$1,650,000 · Steven J Oliva
May 30, 2000
$450,000
American Drug Stores INC
Darrit Construction INC
Grant Deed
—
Jun 18, 1996
$125,000
Darrit Construction INC
Morris,david A & Viktoria L
Grant Deed
$95,000 · Seller
Oct 15, 1991
—
Morris D A
Unknown
Grant Deed
related
—
—
—
Hazel Dell & 78th Assocs LLC
—
Deed Of Trust
related
$1,847,023 · Steven J Oliva
—
—
Hazel Dell & 78th LLC
—
Deed Of Trust
related
$7,730,000 · Banner 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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