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Property profile & analytics
OFF-MARKET
Estimated value
$4,175,000
Manufacturing properties
6501 47th Ave Vancouver, WA 98661-1329
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US90-2408344
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
2020
Total area
53,976 SF
Lot
5.63 ac (245,243 SF)
Zoning code
IL : CLK
APN
156432-000
UPID
US90-2408344
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
-
Evergreen Plastic Container Inc. Factory Production Facility
-
Hanes Geo Components Garden Center Hardware & Home Improvement
-
Velendo, Inc Industrial Manufacturer Production Facility
-
High Rise Logistics Logistics Company Freight Service
-
Velendo Industrial Park Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.31M
Blend (final)
Blend
$4.18M
Owner & transaction history
Velendo Real Estate LLC · 12 yrs held
Velendo Real Estate LLC
since 2013
7 recorded transactions
Zoning & alternative use
IL : CLK · 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
Blend value · Realmo final
$4.18M
Range $3.76M – $4.59M · ±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
$77 / 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
$110,872
Tax year 2023
Assessed value
$11,602,300
Assessed 2023
Previous assessed
$10,394,800
+11.6% YoY
Effective rate
0.96%
On assessed value
Assessed land
$1,716,700
Assessed improvement
$9,885,600
Land market value
$1,716,700
Improvement market value
$9,885,600
Total market value
$11,602,300
Applied tax rate
10,028.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
2020
Heating
HEAT PUMP
Total area
53,976 SF
Lot
5.63 ac (245,243 SF)
Zoning code
IL : CLK
APN
156432-000
UPID
US90-2408344
Jurisdiction
CLARK
Zoning & alternative use
IL : CLK · Vancouver, WA
Zoning IL : CLK · permitted uses
IL : CLK · 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
Year built
2020
Heating
HEAT PUMP
Lot
5.63 ac
Current owner
From public records · entity-resolved
Velendo Real Estate LLC
Entity
Mailing address
6501 NE 47TH AVE, VANCOUVER, WA 98661-1329
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2022
—
Velendo Real Estate LLC
—
Deed
related
$4,926,000 · Jpmorgan Chase Bank NA
May 13, 2020
—
Velendo Real Estates
—
Deed
related
—
Mar 18, 2020
—
Velendo Real Estate LLC
—
Deed
related
—
Nov 30, 2017
—
Velendo Real Estate LLC
—
Deed
related
$2,316,896 · Bank Of The West
Dec 30, 2013
$1,245,535
Velendo Real Estate LLC
Parkside Commerce Center LP
Warranty Deed
$745,816 · Parkside Commerce Center LP
Dec 30, 2013
—
Kmr LP-4700
Erickson Ents LLC
Grant Deed
related
—
Jul 31, 2008
$2,287,012
Kmr Ltd Partnership-4700
Erickson Ents LLC
Warranty Deed
—
Oct 14, 1998
$7,650
Diehl,roland C & Lorene H
Johnson,clark Trust
Trustees Deed
—
Oct 14, 1998
$316,705
Ericksond Enterprises LLC
Johnson,johnson Trsut
Trustees Deed
$241,705 · Clark Trust
—
—
Velendo Real Estate LLC
—
Deed Of Trust
related
$2,056,000 · Evergreen Busn Cap
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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