Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3665 NW 32Nd Ave Vancouver, WA 98660

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3665 NW 32Nd Ave Vancouver, WA 98660

    View on Map
    • Distribution centers
    • 352,560 SF
    • 18.34 lot acres
    For Lease
    $37,140,000
    View Listing →
    Portside Industrial Park Location For Lease
    $37,140,000

    Portside Industrial Park Location

    State-of-the-art industrial center with ideal location and flexibility.

    3665 NW 32nd Avenue, Vancouver, WA 98660
    View Listing
    Property ID
    US90-2174279
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Laclede Chain Manufacturing Co / Industrial Manufacturer / Production Facility
    • OnTrac / Shipping Company / Freight Service
    • Southland / Industrial Manufacturer / Production Facility
    • OnTrac Facility / Corporate Office

    Property Details for 3665 NW 32Nd Ave

    Year built
    2016
    Lot size
    18.34 lot acres
    Property size
    352,560 SF
    Zone code
    IL : VAN
    Property type
    Distribution centers
    APN
    151959-000
    APU
    151959000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $46,705,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.702
    Latitude
    45.6481
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $448,312
    $4,833,290
    $43,218,710
    $48,052,000
    -
    $4,833,290
    $43,218,710
    $48,052,000

    Comparable in this City

    • Value Estimation
      $1,165,000
      15,944 SF

      805 11th St

      DISTRIBUTION WAREHOUSE • 15,944 SF
      805 11th St, Vancouver, WA 98660-3056
      View Details
    • Value Estimation
      $33,000,000
      289,704 SF

      2600 Lowr Riv Rd

      DISTRIBUTION WAREHOUSE • 289,704 SF
      2600 Lowr Riv Rd, Vancouver, WA 98660-1356
      View Details
    • Value Estimation
      $8,315,000
      100,625 SF

      1800 4th Pln Blvdb100

      DISTRIBUTION WAREHOUSE • 100,625 SF
      1800 4th Pln Blvdb100, Vancouver, WA 98660-1367
      View Details
    • Value Estimation
      $46,210,000
      299,560 SF

      3204 38th Cir

      DISTRIBUTION WAREHOUSE • 299,560 SF
      3204 38th Cir, Vancouver, WA 98660-1327
      View Details
    • Value Estimation
      $2,045,000
      23,685 SF

      1001 Evergreen Blvd

      DISTRIBUTION WAREHOUSE • 23,685 SF
      1001 Evergreen Blvd, Vancouver, WA 98660-3078
      View Details
    • Value Estimation
      $1,915,000
      26,853 SF

      1701 Lincoln Ave

      DISTRIBUTION WAREHOUSE • 26,853 SF
      1701 Lincoln Ave, Vancouver, WA 98660-2310
      View Details

    Similar Nearby for Sale

    • $2,550,000

      Vancouver Office Building For Sale

      Office building for sale in Vancouver, Washington.
      1111 Broadway St, Vancouver, WA 98660
      View Details
    • $1,149,500
      4,205 SF

      Vancouver Multifamily Property For Sale

      8-unit multifamily property in a desirable Vancouver location.
      112 W 21St St, Vancouver, WA 98660
      View Details
    • $799,000
      3,052 SF

      Vancouver Duplex: Investor Opportunity

      Tenant-occupied duplex in Vancouver with modern features and fenced yard.
      2917 Fruit Valley Rd, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Industrial Space with Rail Access

      261,540 SF industrial space on 12.13 acres with rail access.
      1401 W Fourth Plain Blvd, Vancouver, WA 98660
      View Details
    • Contact for pricing
      123,630 SF

      Class A Industrial Development Site

      Planned industrial development site for lease or sale in Vancouver.
      2401 NW 61St St, Vancouver, WA 98660
      View Details
    • $345,000
      840 SF

      Downtown Vancouver Office Condo For Sale

      Premium ground-floor office condo in downtown Vancouver, Washington.
      701 Columbia St, Vancouver, WA 98660
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Industrial Construction Near Port

      192,260 SF industrial building for sale near Vancouver Port.
      32nd Ave And Lower Riv Rd, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Industrial Building in Vancouver, WA

      289,737 SF industrial building with cross-dock configuration under construction.
      2600-3210 NW Lower River Rd, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Vancouver Class A Industrial Space

      New Class A industrial development with space available for lease.
      Ln Frambois Rd, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Portside Industrial Park Location

      State-of-the-art industrial center with ideal location and flexibility.
      3665 NW 32Nd Ave, Vancouver, WA 98660
      View Details
    • Contact for pricing

      New Construction Flex Storage Space

      New construction flex space for rent near Vancouver port.
      3333 NW 35Th St, Vancouver, WA 98660
      View Details
    • Contact for pricing

      Flex Space with Office

      5,159 SF flex space including approximately 1,600 SF office.
      4200 Fruit Valley Rd, Vancouver, WA 98660
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3665 NW 32Nd Ave
    Vancouver, WA 98660
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!