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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Warehouses
4655 38th Ave 1 Camas, WA 98607-8551
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-2123033
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Construction
STEEL FRAME
Total area
92,105 SF
Lot
4.75 ac (206,910 SF)
Zoning code
LI : CAM
APN
125195-000
UPID
US90-2123033
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
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Cube Camas Storage LLC · 5 yrs held
Cube Camas Storage LLC
since 2020
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
LI : CAM · Camas, WA
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
$560,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $450k (Dec 4 2020)
Last sale anchor
$450k
Dec 4 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
$7 / 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
$68,303
Tax year 2023
Assessed value
$7,734,800
Assessed 2023
Previous assessed
$6,725,900
+15.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$1,308,769
Assessed improvement
$6,426,031
Land market value
$1,308,769
Improvement market value
$6,426,031
Total market value
$7,734,800
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
92,105 SF
Lot
4.75 ac (206,910 SF)
Zoning code
LI : CAM
APN
125195-000
UPID
US90-2123033
Jurisdiction
CLARK
Zoning & alternative use
LI : CAM · Camas, WAZoning LI : CAM · permitted uses
LI : CAM · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Camas Maps | Camas WA
Building & site characteristics
From public records
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
4.75 ac
Current owner
From public records · entity-resolved
Cube Camas Storage LLC
Entity
Mailing address
16420 SW MCGILLVARY103-197, VANCOUVER, WA 98683
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2023
—
Cube Camas Storge LLC
—
Deed
related
$10,723,303 · Maureen D Casey Trust
Jan 6, 2021
—
Cube Camas Storage LLC
—
Deed
related
$10,800,000 · Hines Realty Income Reit LLC
Dec 4, 2020
—
Cube Camas Storage LLC
Camas Storage LLC
Quit Claim Deed
related
—
Apr 1, 2019
—
David Lugliani
Camas Heath LLC
Quit Claim Deed
related
$7,357,000 · Precision Cap
Nov 20, 2018
$450,000
Kates Heath LLC
Dgm Remainder Trust
Warranty Deed
—
May 16, 2018
—
Kates Heath LLC
—
Deed
related
$500,000 · Casey Maureen D Trust (pt)
Dec 31, 2015
$375,000
Kates Heath LLC
Macdonald Living Trust
Quit Claim Deed
related
—
Jun 26, 2007
—
Mackay Donald G Trust
Mackay,donald G
Quit Claim Deed
related
—
Dec 20, 2004
—
Mackay Donald G Trust
Mackay,mary E
Quit Claim Deed
related
—
Feb 10, 1988
—
A Macdonald
Unknown
Grant Deed
related
—
—
—
Kates Heath LLC
—
Deed Of Trust
related
$500,000 · Casey Maureen D Trust (pt)
—
—
Cube Camas Storage LLC
—
Deed Of Trust
related
$10,800,000 · Hines Realty Income Reit LLC
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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