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Financial
Distress signals
Property profile

416 NE 87Th Ave Vancouver, WA 98664

FOR SALE
Medical Office Space
Property ID
US90-0275369
3,800 SF 0.36 ac lot Built 1979
Last sale Apr 2016 · $900,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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416 NE 87Th Ave, Vancouver, WA 98664 For Sale
Contact for pricing 3,800 SF
416 NE 87Th Ave, Vancouver, WA 98664
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Property summary

AI-generated overview

This exceptional 3,880 square foot medical office building presents a compelling investment opportunity. Located in Vancouver, WA, at 416 NE 87th Ave, this property boasts a prime location directly across the street from PeaceHealth, ensuring high visibility and accessibility. The building, constructed in 1979, sits on a sizable 0.36-acre lot (15,750 square feet) and is zoned OCI (Office Commercial Industrial), offering flexibility for future development. Currently featuring two units, the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$903k
Assessed land$208k
Assessed improvement$695k
Effective rate0.96%

Value estimate

· Oct 2026
$675k
$608k – $743k
CAP approach$750k
Submarket $/SF estimate$451k
NOI build-up
Gross scheduled income$89k
Vacancy & credit loss−$6k
Operating expenses−$31k
NOI · 3.85% cap applied$52k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$274/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$181 – $370
Qualifying comparables5

Cap rate analysis

How does the asset earn?
3.85%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OCI : VAN
JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency39.5
Law Firm32.1
Restaurant21.5

Location

416 NE 87Th Ave Vancouver, WA 98664
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 16 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10115 Ml Pln, Vancouver, WA 98664-4522 $575,000 Jun 2024 1,556 SF
10207 Ml Pln, Vancouver, WA 98664-4524 $311,735 Jul 2021 1,320 SF
Vancouver, WA 98664 $600,000 Dec 2020 No data
10507 Ml Pln, Vancouver, WA 98664-4529 $260,039 Jul 2019 1,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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