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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office buildings
4859 Lk Rd 8, Camas, WA 98607-7648
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-1768009
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Total area
11,985 SF
Lot
1 ac (43,560 SF)
Zoning code
BP : CAM
APN
176154-000
UPID
US90-1768009
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
-
Almar Tools Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Nshe Morain Lake LLC · 10 yrs held
Nshe Morain Lake LLC
since 2016
7 recorded transactions
Zoning & alternative use
BP : CAM · Camas, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$835,000
+2.7%
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
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
OFFICE BUILDING
$815,000
Current use
RETAIL STORES
$835,000
Change: +3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$780,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$47 / 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
$18,516
Tax year 2023
Assessed value
$2,093,200
Assessed 2023
Previous assessed
$1,820,200
+15.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$385,699
Assessed improvement
$1,707,501
Land market value
$385,699
Improvement market value
$1,707,501
Total market value
$2,093,200
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2016
Heating
NONE
Total area
11,985 SF
Lot
1 ac (43,560 SF)
Zoning code
BP : CAM
APN
176154-000
UPID
US90-1768009
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$815,000
RETAIL STORES
Est. value
$835,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$780,000
OFFICE BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2016
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Nshe Morain Lake LLC
Entity
Mailing address
4859 NW LK RD, CAMAS, WA 98607-7648
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
—
Almar Tool & Cutter Grinders C
—
Deed
related
$1,968,000 · Bank Of America
Jun 29, 2016
$500,000
Nshe Morain Lake LLC
Dwyer Creek Business Park LLC
Warranty Deed
$1,660,000 · Bank Of America
Mar 9, 2015
—
Dwyer Creek Business Park LLC
County Properties East LLC
Quit Claim Deed
related
—
May 29, 2013
$850,000
County Properties East LLC
Apollo Dev-1 LLC
Warranty Deed
—
May 25, 2004
—
Camas City (wa)
Apollo Development-1 LLC
Grant Deed
related
—
Nov 25, 1996
$670,000
Amac Construction & Dev INC
Wright,robert M & Adeline
Trustees Deed
$270,000 · Seller
Jul 10, 1996
$900,000
Wafertech LLC
Amac Construction & Developmen
Grant Deed
—
—
—
Amac Construction & Dev INC
—
Deed Of Trust
related
$129,613 · Kll Corp
—
—
Amac Construction & Dev INC
—
Deed Of Trust
related
$53,903 · Bank Of Vancouver
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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