New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,235,000
Warehouses
6000 88th St, Vancouver, WA 98665-0958
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1617893
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Construction
CONCRETE
Total area
31,820 SF
Lot
5.48 ac (238,709 SF)
Zoning code
IL : VAN
APN
106084-000
UPID
US90-1617893
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
-
Prairie Electric Electrical Service General Contractor
-
Rapco Industries, Inc. Industrial Manufacturer Production Facility
-
GB Manchester Building Supply Security Service
-
Main Street Family Medicine Medical Clinic
-
Western Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.24M
Owner & transaction history
Central Industrial Park LLC · 14 yrs held
Central Industrial Park LLC
since 2011
7 recorded transactions
Zoning & alternative use
IL : 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
WAREHOUSE, STORAGE
$4,215,000
Current use
Blend value · Realmo final
$3.24M
Range $2.91M – $3.56M · ±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
$102 / 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
$31,799
Tax year 2023
Assessed value
$4,155,700
Assessed 2023
Previous assessed
$3,653,400
+13.7% YoY
Effective rate
0.77%
On assessed value
Assessed land
$903,200
Assessed improvement
$3,252,500
Land market value
$903,200
Improvement market value
$3,252,500
Total market value
$4,155,700
Applied tax rate
10,447.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
HOT WATER
Stories
1
Total area
31,820 SF
Lot
5.48 ac (238,709 SF)
Zoning code
IL : VAN
APN
106084-000
UPID
US90-1617893
Jurisdiction
CLARK
Zoning & alternative use
IL : VAN · Vancouver, WA
Zoning IL : VAN · permitted uses
IL : 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
WAREHOUSE, STORAGE Current
Est. value
$4.2M
WAREHOUSE, STORAGE Current
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
1995
Construction
CONCRETE
Heating
HOT WATER
Stories
1
Lot
5.48 ac
Current owner
From public records · entity-resolved
Central Industrial Park LLC
Entity
Mailing address
27050 NE 10TH AVE, RIDGEFIELD, WA 98642-5259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2021
—
Central Industrial Park LLC
—
Deed
related
$6,200,000 · Wells Fargo Bank NA
Jun 29, 2016
—
Central Industrial Park LLC
—
Deed
related
$7,000,000 · Wells Fargo Bank NA
Aug 9, 2011
—
Central Industrial Park LLC
Halberg,william R & Theresa R
Grant Deed
—
Feb 11, 2010
—
Central Industrial Park LLC
Halberg,william R & Theresa R
Quit Claim Deed
related
$6,000,000 · Regents Bank
Apr 6, 1995
—
William R Halberg
—
Deed Of Trust
related
$1,013,395 · Northwest National Bank
Jan 20, 1993
$210,000
R.l.a. INC Etal
Unknown
Grant Deed
—
—
—
William R Halbert
—
Deed Of Trust
related
$435,000 · Northwest National Bank
—
—
William R Halberg
—
Deed Of Trust
related
$700,000 · Northwest National Bank
—
—
Central Industrial Park LLC
—
Deed Of Trust
related
$1,000,000 · Regents Bank
—
—
Central Industrial Park LLC
—
Loan Modification
related
$6,475,000 · Regents Bank
—
—
William R Halberg
—
Deed Of Trust
related
$3,700,000 · Umpqua Bank
—
—
William R Halberg
—
Deed Of Trust
related
$640,000 · Evergreen Community Dev Assn
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 6000 88th St?
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.
