5400 Macarthur Blvd Vancouver, WA 98661-7049
Property profile & analytics
5400 Macarthur Blvd Vancouver, WA 98661-7049
- Office properties & Spaces
- 28,934 SF
- 2.18 lot acres
Property ID
US90-0965295
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- PeaceHealth Southwest Hospice / Nursing Home
- Hope Bereavement Center / Charitable Organization / Social Service Agency
- PeaceHealth Southwest Palliative Care / Hospital
- Reid Matthew V MD / Physician
- Legrand Kristin B DO / Physician
Property Details for 5400 Macarthur Blvd
- Year built
- 1978
- Construction
- CONCRETE
- Lot size
- 2.18 lot acres
- Property size
- 28,934 SF
- Zone code
- HX : VAN
- Property type
- Office properties & Spaces
- APN
- 037910-160
- APU
- 37910160
Description
This exceptional 2.39-acre commercial land parcel presents a unique investment opportunity in Vancouver, Washington's burgeoning Heights District. Zoned HX (Heights Mixed Use), this property is ideally positioned to capitalize on the area's significant redevelopment. The City of Vancouver is investing over $70 million in infrastructure improvements throughout the Heights District, including parks and streets, ensuring a vibrant and thriving future. The land offers substantial potential for a variety of commercial and multi-family developments, aligning perfectly with the district's vision for a sustainable, equitable, and accessible neighborhood center. With a land value of $28.33 per square foot and an asking price of $2,950,000, this property represents a compelling investment in a rapidly growing area. The site's 2.39 acres provide ample space for a diverse range of projects, contributing to the Heights District's planned mix of complementary uses, engaging public spaces, and diverse housing options. The strategic location within the Heights District ensures easy access to transportation and nearby neighborhoods, further enhancing its appeal and potential for future growth. This is a rare chance to be part of a transformative urban renewal project, shaping the future of Vancouver. The property is located at 5400 MacArthur Blvd, Vancouver, WA 98661.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,455,000
- 6.5%
- $5,955,000
- 7%
- $5,530,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,287,000
Market price range: $1.14M - $6.30M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $7,340,000 Current use
- MEDICAL BUILDING
- $7,940,000 Change: +8% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $7,075,000 Change: -4% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $6,675,000 Change: -9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $6,010,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vancouver
- County
- Clark
- State
- Washington
- Longitude
- -122.615
- Latitude
- 45.6256
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$911,600
$4,848,500
$5,760,100
-
$911,600
$4,848,500
$5,760,100
