Property profile

6407 NE 117Th Ave B Vancouver, WA 98662

FOR SALE
Other office properties
Saved · see the list in your Dashboard
Property ID
US90-1257613
5,021 SF 0.65 ac Built 1989
Last sale Jun 2012·$1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A two-story, 10,000-square-foot multi-tenant office building in the Orchards neighborhood serving the greater Vancouver area. Originally constructed in 1988, it underwent a significant remodel in 2012 and is configured with 21 office spaces plus an open bullpen. The property is on a 0.65-acre lot, fully fenced with security features, and includes ample parking. It has one grade-height loading door and is positioned to support a range of professional uses consistent with its zoning, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.48M
Assessed land$394k
Assessed improvement$1.09M
Effective rate0.97%

Value estimate

· Nov 2026
$990k
$891k – $1.09M
CAP approach$1.04M
Submarket $/SF estimate$870k
NOI build-up
Gross scheduled income$185k
Vacancy & credit loss−$13k
Operating expenses−$43k
NOI · 7.58% cap applied$129k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$237/SF
Submarket average, outlier-cleaned · 131 recorded sales of this use type
Observed band · Q1–Q3$183 – $336
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7.58%
$129k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC : CLK
JurisdictionCLARK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.3
Law Firm23.6
Dental Office18.9

Location

6407 NE 117Th Ave, Unit B Vancouver, WA 98662
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11610 119th, Vancouver, WA 98662-1616 $3,050,000 Nov 2023 3,762 SF
9430 Vancouver Mall, Vancouver, WA 98662-6172 $3,700,000 Jul 2022 11,634 SF
10007 117th, Vancouver, WA 98662-1504 $1,650,000 Oct 2021 5,038 SF
Vancouver, WA 98662 $1,310,000 Oct 2021 2,720 SF
11012 4th Pln, Vancouver, WA 98662-5742 $2,500,000 Apr 2020 6,733 SF
9113 117th, Vancouver, WA 98662-3243 $450,000 Mar 2019 3,695 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved