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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Warehouses
6150 137th Ave 1, Vancouver, WA 98682-5921
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-0759202
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Construction
WOOD
Total area
9,680 SF
Lot
5.49 ac (239,144 SF)
Zoning code
IL : VAN
APN
107760-000
UPID
US90-0759202
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
-
Robinson Brothers Construction, LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Ntw Ventures LLC · 18 yrs held
Ntw Ventures LLC
since 2008
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%
$1,495,000
6.5%
$1,380,000
7%
$1,280,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,280,000
Current use
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$114 / 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
$15,810
Tax year 2023
Assessed value
$1,650,800
Assessed 2023
Previous assessed
$1,435,500
+15.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,253,742
Assessed improvement
$397,058
Land market value
$1,253,742
Improvement market value
$397,058
Total market value
$1,650,800
Applied tax rate
10,167.0000
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
2004
Construction
WOOD
Heating
OTHER
Buildings
2
Stories
1
Total area
9,680 SF
Lot
5.49 ac (239,144 SF)
Zoning code
IL : VAN
APN
107760-000
UPID
US90-0759202
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
$1.3M
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
2004
Construction
WOOD
Heating
OTHER
Stories
1
Buildings
2
Lot
5.49 ac
Current owner
From public records · entity-resolved
Ntw Ventures LLC
Entity
Mailing address
800 NE 10TH RD, VANCOUVER, WA 98685-2831
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2008
$515,000
Ntw Ventures LLC
Tracy J Nichols
Warranty Deed
$413,000 · Us Bank NA
Mar 24, 2006
—
Tracy J Nichols
—
Trustees Deed
related
$120,000 · Larry W Isaoa
Aug 31, 2005
—
Tracy J Nichols
—
Trustees Deed
related
$135,000 · Shon W & Lori L Webb
Mar 5, 2002
$200,000
Tracy Nicholas
Larsen,richard L & Betth J
Grant Deed
$150,000 · Dennis & Sandra Reeder
Jan 11, 1999
$215,000
Cody Nichols
Larsen,richard L & Betty J
Grant Deed
$195,000 · Long Beach Mortgage Co
—
—
Tracy Nichols
—
Deed Of Trust
related
$8,000 · Richard L & Betty J Larsen
—
—
Tracy Nichols
—
Deed Of Trust
related
$195,000 · Larry Mansfield
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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