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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Office Spaces
3400 196th Ave, Camas, WA 98607-8861
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0278531
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
WOOD
Total area
8,602 SF
Lot
1.16 ac (50,312 SF)
Zoning code
R-18 : VAN
APN
125853-012
UPID
US90-0278531
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
-
Rebecca Lomeland Counselor
-
ProActive Physical Therapy Specialists Medical Clinic
-
Empowering Families Developmental and Behavioral Pediatrics Medical Clinic
-
Cloud Chiropractic Clinic Alternative Medicine Practice
-
Tricia Proctor Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.77M
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$1.84M
Owner & transaction history
Nw Flint LLC · 9 yrs held
Nw Flint LLC
since 2016
3 recorded transactions
Zoning & alternative use
R-18 : VAN · Camas, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+27.7%
Restaurant
$2.6M
+22.7%
Neighborhood: shopping center
$2.4M
+14.0%
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 Camas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camas 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%
$1,920,000
6.5%
$1,770,000
7%
$1,645,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,095,000
Current use
RETAIL STORES
$2,670,000
Change: +28% · Conversion: Easy
RESTAURANT
$2,570,000
Change: +23% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,385,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$2,310,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,700,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±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
$214 / 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
$18,758
Tax year 2023
Assessed value
$2,010,000
Assessed 2023
Previous assessed
$1,747,800
+15.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$891,101
Assessed improvement
$1,118,899
Land market value
$891,101
Improvement market value
$1,118,899
Total market value
$2,010,000
Applied tax rate
10,220.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
8,602 SF
Lot
1.16 ac (50,312 SF)
Zoning code
R-18 : VAN
APN
125853-012
UPID
US90-0278531
Jurisdiction
CLARK
Zoning & alternative use
R-18 : VAN · Camas, WA
Zoning R-18 : VAN · permitted uses
R-18 : VAN · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
RETAIL STORES
Est. value
$2.7M
RESTAURANT
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2004
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Nw Flint LLC
Entity
Mailing address
19918 SE 7TH WAY, CAMAS, WA 98607-8608
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2016
$1,000,000
Nw Flint LLC
Limestone LLC
Warranty Deed
$980,000 · Limestone LLC
Aug 6, 2014
—
Limestone LLC
Bo-khamsin Saleema Trust
Quit Claim Deed
related
—
Apr 15, 2014
$3,550,000
Krawczyk Family Trust
Terrace LLC
Warranty 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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