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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Assisted living facilities
4207 56th St 22 Vancouver, WA 98661-1717
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0241026
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1951
Construction
CONCRETE
Total area
5,783 SF
Lot
0.75 ac (32,670 SF)
Zoning code
R1-5 : CLK
APN
156989-000
UPID
US90-0241026
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
-
Tabby's Adult Care Home, LLC Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.14M
Owner & transaction history
Sokean Phal · 5 yrs held
Sokean Phal
since 2020
Last sale
$980,000
6 recorded transactions
Zoning & alternative use
R1-5 : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+64.3%
Medical building
$1.6M
+40.9%
Commercial (general)
$1.5M
+30.3%
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
$1,280,000
ML approach
$1,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$1,125,000
Current use
RETAIL STORES
$1,850,000
Change: +64% · Conversion: Difficult
MEDICAL BUILDING
$1,585,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,465,000
Change: +30% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,415,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,335,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,200,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $980k (Sep 25 2020)
Last sale anchor
$980k
Sep 25 2020
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
$197 / 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
$11,829
Tax year 2023
Assessed value
$1,265,383
Assessed 2023
Previous assessed
$1,225,610
+3.2% YoY
Effective rate
0.93%
On assessed value
Assessed land
$224,070
Assessed improvement
$1,041,313
Land market value
$224,070
Improvement market value
$1,041,313
Total market value
$1,265,383
Applied tax rate
10,028.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1951
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
12
Total area
5,783 SF
Lot
0.75 ac (32,670 SF)
Zoning code
R1-5 : CLK
APN
156989-000
UPID
US90-0241026
Jurisdiction
CLARK
Zoning & alternative use
R1-5 : CLK · Vancouver, WA
Zoning R1-5 : CLK · permitted uses
R1-5 : CLK · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1951
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
12
Lot
0.75 ac
Current owner
From public records · entity-resolved
Sokean Phal
Individual
Mailing address
4207 NE 56TH ST, VANCOUVER, WA 98661-1717
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Sep 25, 2020
$980,000
Sokean Phal
Ilie Bizgan
Warranty Deed
$927,700 · Umpqua Bank
Jun 17, 2002
$224,000
Ilie Bizgan
Nordgaard,william D & Joanne
Grant Deed
$201,600 · Sierra Pacific Mortgage
—
—
Ilie Bizgan
—
Deed Of Trust
related
$180,000 · Eckert Trust (tr)
—
—
Ille Bizgan
—
Deed Of Trust
related
$256,000 · Greenpoint Mortgage Funding
—
—
Ilie Bizgan
—
Deed Of Trust
related
$48,000 · Greenpoint Mortgage Funding
—
—
Ilie Bizgan
—
Deed Of Trust
related
$120,000 · Gerhard & Margarethe Eckert
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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