Entity Owned 
For Lease
1 / 15
$19 SF/Yr
4800 NW Camas Meadows Dr, Camas, WA 98607
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Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
21,428 SF
Lot
2 ac (87,120 SF)
Zoning code
LI/BP : CAM
APN
172976-000
UPID
US90-0747207
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.18M
CAP Approach
CAP
$4.41M
Comparable Approach
Comparable
$5.14M
Blend (final)
Blend
$4.53M
Owner & transaction history
since 2023
Last sale
$6.1M
4 recorded transactions
Zoning & alternative use
LI/BP : CAM · Camas, WA
Top alternative use upside
Retail stores
$6.7M
+27.7%
Restaurant
$6.4M
+22.7%
Neighborhood: shopping center
$5.9M
+14.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$4.53M
Value range
$4.07M – $4.98M
±10% around blend
Estimated value / SF
$211 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$4.07M
blend $4.53M
$4.98M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
21,428 SF
Lot area
2 ac
Year built
2006
Stories
2
APN
172976-000
Zoning
LI/BP : CAM
Assessed value
$5,397,800
Annual tax
$48,832
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.41M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.78M
@ 6.5% CAP return
$4.41M
@ 7% CAP return
$4.10M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$48,832
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$5.14M
Range $951k – $5.14M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.53M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 165 sales
$243
-13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $211/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+28%
vs current-use indication
Restaurant
Neighborhood: Shopping Center
Medical Building
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
6.30%
Selected cap rate for this office spaces
Derived from the Camas market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.30%
9.0%
NOI (est.)
$195k *
Last sale · Jul 2023
$6.12M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.09M
Move the market yield to see immediate price impact.
Value / SF
$144
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.80%6.30%6.80%
$175k
$3.02M
$2.78M
$2.58M
$195k
$3.36M
$3.09M
$2.86M
$214k
$3.69M
$3.40M
$3.15M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,832
Tax year 2023
Assessed value
$5,397,800
Assessed 2023
Previous assessed
$4,693,700
+15.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$688,793
Assessed improvement
$4,709,007
Land market value
$688,793
Improvement market value
$4,709,007
Total market value
$5,397,800
Applied tax rate
10,160.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Stories
2
Total area
21,428 SF
Lot
2 ac (87,120 SF)
Zoning code
LI/BP : CAM
APN
172976-000
UPID
US90-0747207
Jurisdiction
CLARK
Zoning & alternative use
LI/BP : CAM · Camas, WAZoning LI/BP : CAM · permitted uses
LI/BP : CAM · Camas, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Stories
2
Lot
2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LI/BP : CAM
Jurisdiction
Camas, WA
Recorded code
LI/BP : CAM
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI/BP : CAM in Camas, WA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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