New search
Property profile & analytics
FOR SALE
Warehouses
4615 NE Minnehaha St Vancouver, WA 98661
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US90-0241027
For Sale
1 / 5
$4,647,746
4615 NE Minnehaha St, Vancouver, WA 98661
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2000
Construction
STEEL FRAME
Total area
17,800 SF
Lot
1.64 ac (71,438 SF)
Zoning code
IL : CLK
APN
156451-000
UPID
US90-0241027
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
-
Classic Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Raymond Moniz · 16 yrs held
Raymond Moniz
since 2010
7 recorded transactions
Zoning & alternative use
IL : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,360,000
Current use
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±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
$81 / 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
$16,791
Tax year 2023
Assessed value
$1,730,200
Assessed 2023
Previous assessed
$1,163,800
+48.7% YoY
Effective rate
0.97%
On assessed value
Assessed land
$500,100
Assessed improvement
$1,230,100
Land market value
$500,100
Improvement market value
$1,230,100
Total market value
$1,730,200
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
2000
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Total area
17,800 SF
Lot
1.64 ac (71,438 SF)
Zoning code
IL : CLK
APN
156451-000
UPID
US90-0241027
Jurisdiction
CLARK
Zoning & alternative use
IL : CLK · Vancouver, WA
Zoning IL : CLK · permitted uses
IL : 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
WAREHOUSE, STORAGE Current
Est. value
$2.4M
WAREHOUSE, STORAGE Current
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
2000
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Raymond Moniz
Individual
Mailing address
PO BOX 194, TROUTDALE, OR 97060-0194
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2022
—
Ddm Properties 4 LLC
—
Deed
related
$1,400,000 · Key Bank NA
Sep 4, 2019
—
Ddm Properties 4 LLC
—
Deed
related
$550,000 · Key Bank NA
Feb 1, 2018
—
Ddm Properties 4 LLC
—
Deed
related
$450,000 · Keybank USA
Nov 23, 2016
—
Ddm Properties 4 LLC
—
Deed
related
$1,197,320 · Keybank USA
Feb 16, 2010
—
Raymond Moniz
Moniz,cori M
Quit Claim Deed
related
—
Feb 16, 2010
$1,000,000
Ddm Properties 4 LLC
Raymond Moniz
Warranty Deed
$900,000 · Us Bank NA
Dec 13, 1999
—
Raymond P Moniz
—
Grant Deed
related
$560,000 · Merchant National Bank
Jul 20, 1999
$240,000
Raymond P Moniz
Chen,shane
Grant Deed
—
Jun 2, 1997
$500,000
Shane Chen
Curtin Trust
Grant Deed
$50,000 · Seller
Oct 13, 1992
—
Curtin,m A & Barbara Trustee
Unknown
Grant Deed
related
—
—
—
Raymond F Moniz
—
Deed Of Trust
related
$545,000 · Us Bank NA Nd
—
—
Ddm Properties 4 LLC
—
Deed Of Trust
related
$1,197,320 · Keybank USA
—
—
Ddm Properties 4 LLC
—
Deed Of Trust
related
$450,000 · Keybank USA
—
—
Raymond P Moniz
—
Deed Of Trust
related
$100,000 · Us Bank NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
