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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Warehouses
3442 2nd Ave 2 Camas, WA 98607
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1255406
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,500 SF
Lot
0.42 ac (18,295 SF)
Zoning code
RC : CAM
APN
091045-573
UPID
US90-1255406
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$650k
Owner & transaction history
Osms LLC · 10 yrs held
Osms LLC
since 2016
6 recorded transactions
Zoning & alternative use
RC : CAM · Camas, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Camas Maps | Camas WA
Top alternative use upside
Auto repair, garage
$890,000
+62.1%
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
$460,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$550,000
Current use
AUTO REPAIR, GARAGE
$890,000
Change: +62% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$144 / 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
$27,153
Tax year 2023
Assessed value
$3,067,200
Assessed 2023
Previous assessed
$2,667,100
+15.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$187,462
Assessed improvement
$2,879,738
Land market value
$187,462
Improvement market value
$2,879,738
Total market value
$3,067,200
Applied tax rate
10,200.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
8
Stories
1
Total area
4,500 SF
Lot
0.42 ac (18,295 SF)
Zoning code
RC : CAM
APN
091045-573
UPID
US90-1255406
Jurisdiction
CLARK
Zoning & alternative use
RC : CAM · Camas, WAZoning RC : CAM · permitted uses
RC : CAM · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Camas Maps | Camas WA
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$890,000
WAREHOUSE, STORAGE Current
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
8
Lot
0.42 ac
Current owner
From public records · entity-resolved
Osms LLC
Entity
Mailing address
2031 BROADWAY ST STE C, VANCOUVER, WA 98663-3390
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2019
—
Osms LLC
—
Grant Deed
related
$3,000,000 · Boeing Emps Cu
Sep 14, 2016
—
Osms LLC
—
Trustees Deed
related
$1,965,000 · Regents Bk
Aug 5, 2016
—
Osms LLC
Kitterman LLC
Quit Claim Deed
related
—
—
—
Kitterman LLC
—
Loan Modification
related
$895,000 · Regents Bank
—
—
Kitterman LLC
—
Deed Of Trust
related
$408,787 · Regents Bank
—
—
Kitterman LLC
—
Deed Of Trust
related
$150,000 · Regents 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.
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