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Property profile & analytics
OFF-MARKET
Retail space
590 Waterfront Way, Vancouver, WA 98660-3077
Entity Owned
3-yr Hold
Free & Clear
Property ID
US90-2886522
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
1,449 SF
Lot
0.29 ac (12,850 SF)
Zoning code
CX : VAN
APN
986061-574
UPID
US90-2886522
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
by Request
Owner & transaction history
Northwest Natural Gas Company · 3 yrs held
Northwest Natural Gas Company
since 2023
5 recorded transactions
Zoning & alternative use
CX : 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,076
Tax year 2023
Assessed value
$650,050
Assessed 2023
Previous assessed
$294,150
+121.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$33,600
Assessed improvement
$616,450
Land market value
$33,600
Improvement market value
$616,450
Total market value
$650,050
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Heating
NONE
Stories
11
Bathrooms
76
Total area
1,449 SF
Lot
0.29 ac (12,850 SF)
Zoning code
CX : VAN
APN
986061-574
UPID
US90-2886522
Jurisdiction
CLARK
Zoning & alternative use
CX : VAN · Vancouver, WA
Zoning CX : VAN · permitted uses
CX : 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.
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
11
Bathrooms
76
Lot
0.29 ac
Current owner
From public records · entity-resolved
Northwest Natural Gas Company
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 2641, PORTLAND, OR 97208-2641
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2025
—
Kirkland Tower One LLC
—
Deed
related
$2,400,000 · Twinstar Cu
Apr 21, 2025
—
Kirkland Towen One LLC
—
Deed
related
—
Mar 15, 2023
—
Northwest Natural Gas Company
Kirkland Tower One LLC
Lease
—
Jan 25, 2019
—
Kirkland Tower One LLC
Waterfront Holdings Group 1 LLC
Quit Claim Deed
related
$3,600,000 · Romspen Us Master Mortgage LP
Aug 10, 2017
$3,250,000
Waterfront Holdings Group I Ll
Columbia Waterfront LLC
Warranty Deed
$1,350,000 · Red Canoe Cu
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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