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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Commercial land
601 22nd St Vancouver, WA 98663-3208
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US90-2133384
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.06 ac (2,400 SF)
Zoning code
R-9 : VAN
APN
043170-000
UPID
US90-2133384
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
-
Medicare Help Now Insurance Agency
-
Soraya Bodywork Alternative Medicine Practice Spa & Massage Center
-
Bryan Gehm Alternative Medicine Practice
-
Cynthia Hoefling-Hoffman Alternative Medicine Practice Spa & Massage Center
-
Healing Touch with Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$725k
Owner & transaction history
Hbg Investments LLC · 2 yrs held
Hbg Investments LLC
since 2023
Last sale
$874,900
7 recorded transactions
Zoning & alternative use
R-9 : 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
$610,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $875k (Nov 30 2023)
Last sale anchor
$875k
Nov 30 2023
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
—
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
$528
Tax year 2023
Assessed value
$55,400
Assessed 2023
Previous assessed
$55,400
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$55,400
Land market value
$55,400
Total market value
$55,400
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
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.06 ac (2,400 SF)
Zoning code
R-9 : VAN
APN
043170-000
UPID
US90-2133384
Jurisdiction
CLARK
Zoning & alternative use
R-9 : VAN · Vancouver, WA
Zoning R-9 : VAN · permitted uses
R-9 : 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
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Hbg Investments LLC
Entity
Mailing address
601 E 22ND ST, VANCOUVER, WA 98663-3208
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2023
$874,900
Hbg Investments LLC
Craig T Riley
Warranty Deed
$656,175 · Twinstar Cu
Nov 13, 2017
—
Riley Family Trust
Riley,craig T
Quit Claim Deed
related
—
Oct 31, 2002
$330,000
Craig T Riley
Arney,susan E
Grant Deed
$245,000 · Riverview Community Bank
Oct 3, 1996
$206,503
Susan E Arney
Barger,jeffrey R & Roberta K
Grant Deed
$127,790 · Northwest National Bank
Sep 21, 1992
$94,000
Jeffrey Barger
Unknown
Grant Deed
—
—
—
Jeffrey R Barger
—
Deed Of Trust
related
$70,000 · First Independent Bank
—
—
Craig T Riley
—
Loan Modification
related
$133,720 · Columbia St Bk
—
—
Susan E Arney
—
Deed Of Trust
related
$15,438 · Todays Bank
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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