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Property profile & analytics
OFF-MARKET
Estimated value
$7,515,000
Strip malls
408 81st St 20 Vancouver, WA 98665-8111
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1521329
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Construction
CONCRETE
Total area
71,239 SF
Lot
5.06 ac (220,414 SF)
Zoning code
GC : CLK
APN
145243-000
UPID
US90-1521329
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
-
Coinstar Kiosk | Bitcoin ATM Kiosk Atm
-
Coinstar Kiosk Bank Credit Union
-
Western Union Bank Credit Union
-
Kendall Aichele Pharmacy
-
Jamie Goodwin Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.52M
Owner & transaction history
Clark County · 1 yrs held
Clark County
since 2024
7 recorded transactions
Zoning & alternative use
GC : CLK · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$105 / 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
$94,966
Tax year 2023
Assessed value
$9,576,700
Assessed 2023
Previous assessed
$9,217,600
+3.9% YoY
Effective rate
0.99%
On assessed value
Assessed land
$2,645,000
Assessed improvement
$6,931,700
Land market value
$2,645,000
Improvement market value
$6,931,700
Total market value
$9,576,700
Applied tax rate
10,029.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
71,239 SF
Lot
5.06 ac (220,414 SF)
Zoning code
GC : CLK
APN
145243-000
UPID
US90-1521329
Jurisdiction
CLARK
Zoning & alternative use
GC : CLK · Vancouver, WAZoning GC : CLK · permitted uses
GC : CLK · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
5.06 ac
Current owner
From public records · entity-resolved
Clark County
Entity
Mailing address
1701 SE PO BOX 9810TH DR, VANCOUVER, WA 98666-8801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2024
—
Clark County
Hazel Dell Marketplace LLC
Warranty Deed
—
Jun 13, 2019
—
Hazel Dell Marketplace LLC
—
Deed
related
$19,100,000 · Miscellaneous Ins Co
Jun 16, 2017
—
Hazel Dell Marketplace LLC
—
Deed
related
$15,250,000 · Miscellaneous Ins Co
Jan 30, 2015
—
Hazel Dell Marketplace LLC
J-m Plaza
Grant Deed
—
Jul 10, 2003
—
J-m Plaza
—
Trustees Deed
related
$4,250,000 · Woodman Of The World Life Ins
—
—
Hazel Dell Marketplace LLC
—
Loan Modification
related
$19,100,000 · Miscellaneous Ins Co
—
—
J-m Plaza
—
Deed Of Trust
related
$3,650,000 · Woodman Of The World Life Ins
—
—
Hazel Dell Marketplace LLC
—
Deed Of Trust
related
$19,100,000 · Miscellaneous Ins Co
—
—
J-m Plaza
—
Deed Of Trust
related
$10,500,000 · State Farm Life Insurance Co
—
—
Hazel Dell Marketplace LLC
—
Loan Modification
related
$15,250,000 · Miscellaneous Ins Co
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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