Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,325,000
Office Spaces
5701 Columbia Way17cg Vancouver, WA 98661-5963
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0396839
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Construction
STEEL FRAME
Total area
46,556 SF
Lot
2.05 ac (89,298 SF)
Zoning code
WX : VAN
APN
037910-184
UPID
US90-0396839
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
$4.79M
Blend (final)
Blend
$6.33M
Owner & transaction history
Tidewater Cove Offices LLC · 10 yrs held
Tidewater Cove Offices LLC
since 2015
7 recorded transactions
Zoning & alternative use
WX : 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
AUTO REPAIR, GARAGE
$9,670,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$6.33M
Range $5.69M – $6.96M · ±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
$136 / 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
$60,106
Tax year 2023
Assessed value
$6,441,300
Assessed 2023
Previous assessed
$6,441,300
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$3,438,000
Assessed improvement
$3,003,300
Land market value
$3,438,000
Improvement market value
$3,003,300
Total market value
$6,441,300
Applied tax rate
10,000.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
OTHER
Buildings
2
Stories
2
Total area
46,556 SF
Lot
2.05 ac (89,298 SF)
Zoning code
WX : VAN
APN
037910-184
UPID
US90-0396839
Jurisdiction
CLARK
Zoning & alternative use
WX : VAN · Vancouver, WA
Zoning WX : VAN · permitted uses
WX : 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
AUTO REPAIR, GARAGE
Est. value
$9.7M
AUTO REPAIR, GARAGE
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
2004
Construction
STEEL FRAME
Heating
OTHER
Stories
2
Buildings
2
Lot
2.05 ac
Current owner
From public records · entity-resolved
Tidewater Cove Offices LLC
Entity
Mailing address
816 SW 1ST AVE, PORTLAND, OR 97204-3308
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
Tidewater Cove Offices LLC
—
Deed
related
$12,000,000 · Starwood Mortgage Capital LLC
Oct 30, 2015
—
Tidewater Cove Offices LLC
Rainbow Holdings LLC
Special Warranty Deed
$9,500,000 · Starwood Mortgage Capital LLC
Oct 31, 2014
—
Rainbow Holdings LLC
—
Grant Deed
related
$6,342,213 · Bank Of America
Nov 23, 2004
—
Rainbow Holdings LLC
—
Deed Of Trust
related
$8,000,000 · Bank Of America
Oct 4, 2004
—
Rainbow Holdings LLC
—
Grant Deed
related
$6,000,000 · Hickey Family Co
Mar 24, 2003
—
Rainbow Holdings LLC
Hickey Family Co
Grant Deed
related
$855,000 · Hickey Family Co
—
—
Rainbow Holdings LLC
—
Deed Of Trust
related
—
—
—
Rainbow Holdings LLC
—
Deed Of Trust
related
$2,000,000 · Hickey Family 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5701 Columbia Way17cg?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
