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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Turn key restaurants
400 Andresen Rd Vancouver, WA 98661-7566
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-0227269
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1941
Construction
WOOD
Total area
3,700 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CN : VAN
APN
037910-266
UPID
US90-0227269
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
-
St Joseph Catholic Church Church
-
Veterans of Foreign Wars Advocacy Group Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$750k
Owner & transaction history
Vancouver Post 7824 Veterans Of For · 11 yrs held
Vancouver Post 7824 Veterans Of For
since 2015
5 recorded transactions
Zoning & alternative use
CN : VAN · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,225,000
Current use
RETAIL STORES
$1,185,000
Change: -4% · Conversion: Easy
MEDICAL BUILDING
$1,015,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$203 / 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
Assessed value
$823,950
Assessed 2023
Previous assessed
$823,950
+0.0% YoY
Assessed land
$219,550
Assessed improvement
$604,400
Land market value
$219,550
Improvement market value
$604,400
Total market value
$823,950
Applied tax rate
10,000.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1941
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
3,700 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CN : VAN
APN
037910-266
UPID
US90-0227269
Jurisdiction
CLARK
Zoning & alternative use
CN : VAN · Vancouver, WAZoning CN : VAN · permitted uses
CN : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
RESTAURANT Current
RETAIL STORES
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
1941
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Vancouver Post 7824 Veterans Of For
Individual
Mailing address
400 N ANDRESEN RD, VANCOUVER, WA 98661-7566
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2015
—
Vancouver Post 7824 Veterans Of For
Vancouver Post 7824 Veterans Of For
Quit Claim Deed
related
$188,945 · Umpqua Bank
Feb 2, 2009
$460,000
Vancouver Post 7824 Veterans Of F
Chapman Warren D & Donna
Grant Deed
—
Jun 19, 1995
$325,000
Warren D Chapman
Pierce,john R & Shirley I
Grant Deed
$335,000 · Individual
Dec 28, 1989
$100,000
Etux Perice
Unknown
Grant Deed
—
—
—
Vancouver Post 7824 Veterans Of F
—
Deed Of Trust
related
$207,000 · Bennett-barnett Post 27 Dept/w
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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