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Property profile & analytics
OFF-MARKET
Estimated value
$2,460,000
Office Spaces
6701 42nd St 2, Vancouver, WA 98661-3371
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US90-3112533
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,393 SF
Lot
1.07 ac (46,609 SF)
Zoning code
CC : VAN
APN
160507-005
UPID
US90-3112533
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
-
TEAM Construction LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$3.01M
Blend (final)
Blend
$2.46M
Owner & transaction history
Gc 18 LLC
Gc 18 LLC
since 2026
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+30.8%
Retail stores
$3.0M
+26.0%
Medical building
$2.6M
+8.1%
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%
$2,095,000
6.5%
$1,935,000
7%
$1,795,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,385,000
Current use
RESTAURANT
$3,115,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$3,005,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$2,575,000
Change: +8% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,295,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,165,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,950,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±10% · vs last sale $2.95M (Jan 14 2026)
Last sale anchor
$2.95M
Jan 14 2026
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
$262 / 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
$18,301
Tax year 2023
Assessed value
$1,960,400
Assessed 2023
Previous assessed
$1,960,400
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$522,000
Assessed improvement
$1,438,400
Land market value
$522,000
Improvement market value
$1,438,400
Total market value
$1,960,400
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
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Buildings
2
Stories
1
Bathrooms
1
Total area
9,393 SF
Lot
1.07 ac (46,609 SF)
Zoning code
CC : VAN
APN
160507-005
UPID
US90-3112533
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WA
Zoning CC : VAN · permitted uses
CC : 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
COMMERCIAL (GENERAL) Current
Est. value
$2.4M
RESTAURANT
Est. value
$3.1M
RETAIL STORES
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
OTHER
Stories
1
Buildings
2
Bathrooms
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
Gc 18 LLC
Entity
Mailing address
19215 SE 34TH ST STE #106, CAMAS, WA 98607-8830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2026
$2,950,000
Gc 18 LLC
Carbon6 Development LLC
Warranty Deed
$1,320,000 · Onpoint Community Cu
Sep 27, 2018
—
Carbon6 Development LLC
—
Deed
related
$1,623,000 · Columbia Community Cu
Sep 17, 2018
—
City Of Vancouver
Carbon6 Dev LLC
Quit Claim Deed
—
Aug 10, 2018
—
City Of Vancouver
Carbon 6 LLC
Quit Claim Deed
related
—
Nov 14, 2017
—
Carbon6 Development LLC
—
Deed
related
$1,600,000 · Columbia State Bank
Jul 19, 2017
$400,000
Carbon6 Dev LLC
Pbc Dev LLC
Warranty Deed
—
Sep 27, 2011
—
Pbc Dev LLC
—
Trustees Deed
related
$800,000 · Pacific Continental Bank
Dec 28, 2007
$1,000,000
Pbc Dev LLC
Team Dev LLC
Grant Deed
—
Aug 3, 1992
—
Roy Eddy
Unknown
Grant Deed
related
—
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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