Property profile & analytics
3925 72nd Ave, Unit 131 Vancouver, WA 98661-7367
- Office properties & Spaces
- 14,703 SF
- 1.89 lot acres
OFF-MARKET
Value Estimations
$3,010,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US90-3200425
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.
Current Use by Public Records
- Farmers Insurance - Logan Ellis / Insurance Agency
- Farmers Insurance - Douglas Runyon / Insurance Agency
- Keenan Insurance Services Inc / Insurance Agency
- Farmers Insurance - John Johnson / Insurance Agency
- Farmers Insurance - Corey Fiskvik / Insurance Agency
Property Details for 3925 72nd Ave
- Year built
- 1997
- Construction
- WOOD
- Lot size
- 1.89 lot acres
- Property size
- 14,703 SF
- Zone code
- CC : VAN
- Property type
- Office properties & Spaces
- APN
- 160561-000
- APU
- 160561000
Description
This exceptional traditional office space, part of a larger 14,863 square foot multi-tenant building in Clark County, offers a fantastic opportunity for businesses seeking a professional and convenient location. The suite itself encompasses 920 square feet, ideal for a variety of office configurations. The building boasts a desirable 7:1,000 parking ratio, ensuring ample parking for tenants and their clients. Visibility is enhanced by the availability of signage on SR-500, providing excellent exposure for your business. The property's strategic location offers easy access to major freeways including SR-500, I-205, and I-5, simplifying commutes for employees and clients alike. Furthermore, the surrounding area is rich with restaurants and amenities, providing convenience and a pleasant work environment. The full-service lease is available July 1, 2024, at a competitive rate of $19.50 per square foot annually. Don't miss this chance to secure a prime office space in a thriving location. Contact us today to schedule a viewing and explore the possibilities.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,280,000
- 6.5%
- $3,025,000
- 7%
- $2,810,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,047,000
- AI Estimate
- $1,962,000
Market price range: $2.70M - $6.62MMarket price range: $579k - $3.20M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,730,000 Current use
- RESTAURANT
- $4,875,000 Change: +31% Conversion: Difficult
- RETAIL STORES
- $4,700,000 Change: +26% Conversion: Easy
- MEDICAL BUILDING
- $4,035,000 Change: +8% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $3,595,000 Change: -4% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $3,395,000 Change: -9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,055,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.599
- Latitude
- 45.6506
- 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
$24,608
$1,053,800
$1,582,600
$2,636,400
-
$1,053,800
$1,582,600
$2,636,400
