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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Warehouses
6816 40th Ave Ste A, Vancouver, WA 98661-1383
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-1412372
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Construction
CONCRETE
Total area
24,760 SF
Lot
1.65 ac (71,874 SF)
Zoning code
IL : CLK
APN
108146-050
UPID
US90-1412372
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
-
Accurate Concrete Cutting Inc Construction Company General Contractor
-
NORTHWEST TRUCK PAINTING Auto Repair Shop
-
Glory Days Auto Restoration Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$1.86M
Owner & transaction history
Balko Enterprises LLC · 5 yrs held
Balko Enterprises LLC
since 2020
6 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
$1.86M
Range $1.67M – $2.04M · ±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
$75 / 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
$19,802
Tax year 2023
Assessed value
$2,037,300
Assessed 2023
Previous assessed
$1,424,000
+43.1% YoY
Effective rate
0.97%
On assessed value
Assessed land
$452,800
Assessed improvement
$1,584,500
Land market value
$452,800
Improvement market value
$1,584,500
Total market value
$2,037,300
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
CONCRETE
Heating
SPACE
Buildings
2
Stories
1
Total area
24,760 SF
Lot
1.65 ac (71,874 SF)
Zoning code
IL : CLK
APN
108146-050
UPID
US90-1412372
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
1992
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
2
Lot
1.65 ac
Current owner
From public records · entity-resolved
Balko Enterprises LLC
Entity
Mailing address
6816 NE 40TH AVE STE A, VANCOUVER, WA 98661-1383
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2020
—
Balko Enterprises LLC
Vermon J Balkowitsch
Bargain And Sale Deed
$450,000 · Jpmorgan Chase Bank NA
Mar 29, 2011
—
Balko Ents LLC
Balkowitsch,vernon & Mary
Quit Claim Deed
related
—
May 29, 1991
$75,000
Vernon Balkowitsch
Unknown
Grant Deed
—
—
—
Vernon J Balkowitsch
—
Deed Of Trust
related
$175,000 · First Interstate Bank Washingt
—
—
Vernon J Balkowitsch
—
Deed Of Trust
related
$756,616 · First Independent Bank
—
—
Vernon J Balkowitsch
—
Deed Of Trust
related
$543,170 · First Independent Bank
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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