5400 Macarthur Blvd Vancouver, WA 98661-7049
- Office Properties & Spaces
- 28,934 SF
- 2.18 lot acres
Current Use by Public Records
- PeaceHealth Southwest Hospice / Hospice
- Hope Bereavement Center / Non-Profit Organization
- PeaceHealth Southwest Palliative Care / Hospital Department
- Reid Matthew V MD / Doctor
- Legrand Kristin B DO / Doctor
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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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