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Property profile & analytics
OFF-MARKET
Estimated value
$13,455,000
Office Spaces
4637 18th Ave, Camas, WA 98607-9406
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-1306162
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1990
Construction
STEEL FRAME
Total area
149,871 SF
Lot
20.5 ac (892,980 SF)
Zoning code
BP : CAM
APN
125651-000
UPID
US90-1306162
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
-
nLIGHT, Inc. Global Headquarters Electronics & Wireless Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.74M
Blend (final)
Blend
$13.46M
Owner & transaction history
Nlight INC · 6 yrs held
Nlight INC
since 2020
Last sale
$12.2M
3 recorded transactions
Zoning & alternative use
BP : CAM · Camas, 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 Camas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camas 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
$15,110,000
ML approach
$13,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.46M
Range $12.11M – $14.80M · ±10% · vs last sale $12.18M (Mar 31 2020)
Last sale anchor
$12.18M
Mar 31 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
$90 / 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
$128,106
Tax year 2023
Assessed value
$14,502,200
Assessed 2023
Previous assessed
$13,183,300
+10.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$4,204,640
Assessed improvement
$10,297,560
Land market value
$4,204,640
Improvement market value
$10,297,560
Total market value
$14,502,200
Applied tax rate
10,211.0000
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
1990
Construction
STEEL FRAME
Heating
OTHER
Stories
3
Total area
149,871 SF
Lot
20.5 ac (892,980 SF)
Zoning code
BP : CAM
APN
125651-000
UPID
US90-1306162
Jurisdiction
CLARK
Zoning & alternative use
BP : CAM · Camas, WA
Zoning BP : CAM · permitted uses
BP : CAM · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
STEEL FRAME
Heating
OTHER
Stories
3
Lot
20.5 ac
Current owner
From public records · entity-resolved
Nlight INC
Entity
Free & Clear · 6 yrs held
Mailing address
5408 NE 88TH ST E STE E, VANCOUVER, WA 98665-0990
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2020
$22,238,764
Nlight INC
Sharp Electronics Corp
Grant Deed
—
Jun 29, 2016
$12,500,000
Camas School District
Sharp Microelectronics Technol
Warranty Deed
—
May 18, 1989
$2,799,990
Microelectronics Tech Sharp
Unknown
Grant Deed
—
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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