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Property profile & analytics
OFF-MARKET
Estimated value
$3,955,000
Office Spaces
4201 66th Ave Vancouver, WA 98661-3078
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3112532
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1996
Construction
CONCRETE
Total area
19,968 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CC : VAN
APN
160507-000
UPID
US90-3112532
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
-
Edison Electricians of Vancouver Electrical Service General Contractor
-
Emily Kaemmerlen Physician
-
Vancouver Radiologists, P.C. Business Office Physician Medical Clinic
-
Vancouver Radilogists PC Medical Clinic
-
Advanced Pediatric Therapies Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.11M
Comparable Approach
Comparable
$5.22M
Blend (final)
Blend
$3.96M
Owner & transaction history
Buhler Family Trust · 11 yrs held
Buhler Family Trust
since 2015
6 recorded transactions
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.4M
+26.0%
Medical building
$5.5M
+8.1%
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%
$4,455,000
6.5%
$4,110,000
7%
$3,815,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,065,000
Current use
RETAIL STORES
$6,385,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$5,480,000
Change: +8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,880,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,605,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,145,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.96M
Range $3.56M – $4.35M · ±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
$198 / 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
$31,743
Tax year 2023
Assessed value
$3,401,200
Assessed 2023
Previous assessed
$3,401,200
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$468,400
Assessed improvement
$2,932,800
Land market value
$468,400
Improvement market value
$2,932,800
Total market value
$3,401,200
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
1996
Construction
CONCRETE
Heating
OTHER
Stories
1
Bathrooms
1
Total area
19,968 SF
Lot
0.96 ac (41,818 SF)
Zoning code
CC : VAN
APN
160507-000
UPID
US90-3112532
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WA
Zoning CC : VAN · permitted uses
CC : 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
$5.1M
RETAIL STORES
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$5.5M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1996
Construction
CONCRETE
Heating
OTHER
Stories
1
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Buhler Family Trust
Trust
Mailing address
191 3RD ST, LAKE OSWEGO, OR 97034-3017
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
—
Andresen Building LLC
—
Deed
related
$1,150,000 · Assurity Life Insurance Company
Apr 1, 2015
$3,372,000
Buhler Family Trust
Pbc Dev LLC
Warranty Deed
—
Apr 1, 2015
—
Andresen Building LLC
Buhler Family Trust
Warranty Deed
$1,500,000 · Miscellaneous Ins Co
Dec 28, 2007
$1,000,000
Pbc Dev LLC
Team Dev LLC
Grant Deed
—
Aug 3, 1992
—
Roy Eddy
Unknown
Grant Deed
related
—
—
—
Team Development LLC
—
Deed Of Trust
related
$300,000 · Bank Of Vancouver
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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