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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Warehouses
501 164th Avea, Vancouver, WA 98684-9645
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3054932
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2010
Construction
STEEL FRAME
Total area
61,701 SF
Lot
1.27 ac (55,321 SF)
Zoning code
OCI : VAN
APN
115020-000
UPID
US90-3054932
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.05M
Owner & transaction history
Csifv-east Vancouver LLC · 11 yrs held
Csifv-east Vancouver LLC
since 2015
7 recorded transactions
Zoning & alternative use
OCI : VAN · 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
$8,175,000
Current use
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±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
$82 / 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
$57,062
Tax year 2023
Assessed value
$5,978,400
Assessed 2023
Previous assessed
$5,198,600
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,067,155
Assessed improvement
$4,911,245
Land market value
$1,067,155
Improvement market value
$4,911,245
Total market value
$5,978,400
Applied tax rate
10,143.0000
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
2010
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Bathrooms
1
Total area
61,701 SF
Lot
1.27 ac (55,321 SF)
Zoning code
OCI : VAN
APN
115020-000
UPID
US90-3054932
Jurisdiction
CLARK
Zoning & alternative use
OCI : VAN · Vancouver, WA
Zoning OCI : VAN · permitted uses
OCI : VAN · 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
$8.2M
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
2010
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Bathrooms
1
Lot
1.27 ac
Current owner
From public records · entity-resolved
Csifv-east Vancouver LLC
Entity
Mailing address
808 134TH ST SW STE #211, EVERETT, WA 98204-2300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2018
—
Csifv-east Vancouver LLC
—
Deed
related
$12,000,000 · Accordia Life & Annuity Co
Aug 31, 2016
—
Csifv-east Vancouver LLC
—
Deed
related
$34,000,000 · Private Individual
Mar 19, 2015
—
Csifv-east Vancouver LLC
Catalyst Storage Investors LLC
Quit Claim Deed
related
$31,000,000 · Accordia Life & Annuity Co
Jul 17, 2009
$700,000
Catalyst Storage Investors LLC
Hidden,oliver
Warranty Deed
—
Oct 12, 2004
$570,000
Oliver Hidden
Nelson,richard
Grant Deed
—
—
—
Catalyst Storage Investors LLC
—
Deed Of Trust
related
$37,000,000 · Bank Of America
—
—
Csifv-east Vancouver LLC
—
Loan Modification
related
$34,000,000 · Private Individual
—
—
Young Nelson
—
Deed Of Trust
related
$3,522 · William Dunn
—
—
Young Nelson
—
Deed Of Trust
related
—
—
—
Csifv-east Vancouver LLC
—
Loan Modification
related
$12,000,000 · Accordia Life & Annuity Co
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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