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Property profile & analytics
OFF-MARKET
Estimated value
$19,145,000
Office Spaces
4400 77th Ave Ste 116, Vancouver, WA 98662-6829
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0037333
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Construction
STEEL FRAME
Total area
100,244 SF
Lot
6.31 ac (274,864 SF)
Zoning code
CG : VAN
APN
160546-000
UPID
US90-0037333
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
-
Brent A. Johnson, SRA, ASA dba Res1 Valuation & Consulting, Inc. Real Estate Agency
-
NEXA Mortgage, LLC Laurie Sellon Loan Service Bank
-
Family First Life GoGetters Insurance Agency
-
Vessel Commercial Real Estate Real Estate Agency
-
Realty One Group: Taylor Lien Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.64M
Comparable Approach
Comparable
$25.46M
Blend (final)
Blend
$19.15M
Owner & transaction history
The Vancouver 4400 Building LLC · 16 yrs held
The Vancouver 4400 Building LLC
since 2009
7 recorded transactions
Zoning & alternative use
CG : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$27.5M
+15.7%
Industrial (general)
$24.5M
+3.1%
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%
$22,355,000
6.5%
$20,635,000
7%
$19,160,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$23,780,000
Current use
MEDICAL BUILDING
$27,500,000
Change: +16% · Conversion: Easy
INDUSTRIAL (GENERAL)
$24,510,000
Change: +3% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$23,130,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$20,815,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$19.15M
Range $17.23M – $21.06M · ±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
$191 / 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
$180,032
Tax year 2023
Assessed value
$19,295,900
Assessed 2023
Previous assessed
$16,272,400
+18.6% YoY
Effective rate
0.93%
On assessed value
Assessed land
$3,518,300
Assessed improvement
$15,777,600
Land market value
$3,518,300
Improvement market value
$15,777,600
Total market value
$19,295,900
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
1997
Construction
STEEL FRAME
Heating
OTHER
Cooling
CENTRAL
Stories
3
Total area
100,244 SF
Lot
6.31 ac (274,864 SF)
Zoning code
CG : VAN
APN
160546-000
UPID
US90-0037333
Jurisdiction
CLARK
Zoning & alternative use
CG : VAN · Vancouver, WA
Zoning CG : VAN · permitted uses
CG : 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
$23.8M
MEDICAL BUILDING
Est. value
$27.5M
INDUSTRIAL (GENERAL)
Est. value
$24.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.1M
AUTO REPAIR, GARAGE
Est. value
$20.8M
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
1997
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
3
Lot
6.31 ac
Current owner
From public records · entity-resolved
The Vancouver 4400 Building LLC
Entity
Free & Clear · 16 yrs held
Mailing address
111 SW 5TH AVE STE #1250, PORTLAND, OR 97204-3639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2009
$14,400,000
The Vancouver 4400 Building LLC
Elw Building LLC
Special Warranty Deed
—
Dec 21, 2006
$12,110,000
Elw Building LLC
Citizens Telecom Svcs Co LLC
Grant Deed
—
Jun 30, 2006
—
Citizens Telecom Svcs Co LLC
Electric Lightwave LLC
Quit Claim Deed
related
—
Feb 28, 1997
$1,281,837
Electric Lightwave INC
Park Place Land LLC
Grant Deed
—
Jan 8, 1997
—
Park Place Land LLC
Alco LP
Quit Claim Deed
related
—
Apr 27, 1995
—
Park Place Land LLC
—
Deed Of Trust
related
$1,000,000 · Us National Bank Oregon
—
—
Elw Building LLC
—
Deed Of Trust
related
$13,000,000 · Lasalle National Bank
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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