Property profile

6407 117th Ave 98 Vancouver, WA 98662

OFF-MARKET
Banks
Property ID
US90-0241033
2,160 SF 0.38 ac lot Built 1986
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A two-story, 10,000-square-foot multi-tenant office building located in the Orchards neighborhood serving the greater Vancouver area. Originally constructed in 1988, it underwent significant remodeling in 2012 and includes 21 office spaces plus an open bullpen area. The property is situated on a 0.65-acre fenced lot with security and provides ample on-site parking. It has one grade-height loading door and is positioned for access to major highways and key intersections, including proximity to the NE 117th corridor (noted traffic volume of approximately 35,000 vehicles per day) and roughly 1 mile from the I-205 and WA-500 intersection. The configuration and zoning support professional uses such as medical, finance, and distribution.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1986
Construction WOOD
Total area 2,160 SF
Lot 0.38 ac (16,553 SF)
Zoning code CC : CLK
APN 158428-000
UPID US90-0241033

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bank Loan Service
  • Bank Credit Union
  • Real Estate Agency
  • Roofing Company General Contractor

Location

6407 117th Ave, Unit 98 Vancouver, WA 98662-5520
Vancouver metro Census 40706 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.08M

Owner & transaction history

since 2021
Last sale
$2.2M
4 recorded transactions
2021
$2.2M
2000
$790,000
2000
$1.0M
1969
Price N/A

Zoning & alternative use

CC : CLK · Vancouver, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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