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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Office Spaces
4180 Fruit Vly Rd 19, Vancouver, WA 98660-1222
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US90-0418707
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2018
Construction
STEEL FRAME
Total area
10,865 SF
Lot
5.14 ac (223,898 SF)
Zoning code
IL : VAN
APN
152591-000
UPID
US90-0418707
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
-
Northbank Civil and Marine, Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.24M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.83M
Owner & transaction history
Northbank Properties LLC · 9 yrs held
Northbank Properties LLC
since 2017
6 recorded transactions
Zoning & alternative use
IL : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.0M
+36.7%
Industrial (general)
$2.7M
+21.9%
Neighborhood: shopping center
$2.5M
+15.0%
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%
$2,425,000
6.5%
$2,235,000
7%
$2,075,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,180,000
Current use
MEDICAL BUILDING
$2,980,000
Change: +37% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,655,000
Change: +22% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,505,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,255,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±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
$168 / 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
$26,292
Tax year 2023
Assessed value
$2,816,900
Assessed 2023
Previous assessed
$2,560,800
+10.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$1,132,230
Assessed improvement
$1,684,670
Land market value
$1,132,230
Improvement market value
$1,684,670
Total market value
$2,816,900
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
10,865 SF
Lot
5.14 ac (223,898 SF)
Zoning code
IL : VAN
APN
152591-000
UPID
US90-0418707
Jurisdiction
CLARK
Zoning & alternative use
IL : VAN · Vancouver, WA
Zoning IL : VAN · permitted uses
IL : VAN · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vancouver. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2018
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
5.14 ac
Current owner
From public records · entity-resolved
Northbank Properties LLC
Entity
Mailing address
4180 NW FRUIT VLY RD, VANCOUVER, WA 98660-1222
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2017
—
Northbank Properties LLC
—
Grant Deed
related
$3,000,000 · Columbia St Bk
Jan 9, 2017
$950,000
Northbank Properties LLC
Fvp LLC
Bargain And Sale Deed
$496,584 · Columbia State Bank
May 3, 2016
—
Fvp LLC
Bedrossian Carolyn Trust
Grant Deed
related
—
Feb 25, 2016
—
Fvp LLC
Bedrossian Carolyn Trust
Warranty Deed
—
Aug 15, 2013
—
Bedrossian,carolyn Trust
Bedrossian Family Trust Fund A
Quit Claim Deed
related
—
Jan 25, 2006
—
Bedrossian Family Trust-fund A
Bedrossian,robert H & Carolyn
Quit Claim Deed
related
—
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.
Try Rey
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