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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Medical Office Space
5015 St Johns Rd 86, Vancouver, WA 98661-2348
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1294381
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Construction
WOOD
Total area
3,118 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CC : VAN
APN
149484-000
UPID
US90-1294381
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
-
Dr. Ardon L. Overby, DMD Dental Office
-
Dr. David A. Kosa, DDS Dental Office
-
Dr. J G. Marshall, DMD Dental Office
-
Orchards Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$883k
Blend (final)
Blend
$645k
Owner & transaction history
Jlw Properties LLC · 2 yrs held
Jlw Properties LLC
since 2023
Last sale
$825,000
6 recorded transactions
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$995,000
+16.6%
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
$575,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$855,000
Current use
RETAIL STORES
$995,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: -8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $825k (Sep 18 2023)
Last sale anchor
$825k
Sep 18 2023
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
$207 / 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
$7,396
Tax year 2023
Assessed value
$788,850
Assessed 2023
Previous assessed
$517,200
+52.5% YoY
Effective rate
0.94%
On assessed value
Assessed land
$230,000
Assessed improvement
$558,850
Land market value
$230,000
Improvement market value
$558,850
Total market value
$788,850
Applied tax rate
10,038.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
HEAT PUMP
Buildings
3
Stories
2
Bathrooms
2
Total area
3,118 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CC : VAN
APN
149484-000
UPID
US90-1294381
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WA
Zoning CC : VAN · permitted uses
CC : 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
MEDICAL BUILDING Current
Est. value
$855,000
RETAIL STORES
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$720,000
MEDICAL BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1957
Construction
WOOD
Heating
HEAT PUMP
Stories
2
Buildings
3
Bathrooms
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Jlw Properties LLC
Entity
Mailing address
6403 NE 117TH AVE, VANCOUVER, WA 98662-5560
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
—
Jlw Properties LLC
—
Deed
related
$528,000 · Evergreen Business Capital
Sep 18, 2023
$825,000
Jlw Properties LLC
Archies Playground LLC
Warranty Deed
$513,900 · Umpqua Bank
Aug 1, 2022
$805,000
Archies Playground LLC
Kevin A Overby
Warranty Deed
$640,000 · Columbia State Bank
Aug 6, 2015
—
Schnitzer,linda M Trust
Overby Ardon L Trust
Quit Claim Deed
related
—
Jan 10, 1991
—
Overby,ardon L Trustee
Unknown
Grant Deed
related
—
—
—
Ardon L Overby
—
Deed Of Trust
related
$100,000 · Us Bank
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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