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717 NE 61St St Vancouver, WA 98665
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Property profile & analytics

717 NE 61St St Vancouver, WA 98665


  • Office properties & Spaces
  • 6,194 SF
  • 0.48 lot acres
Modern Office Spaces For Rent For Lease
$465/Mo

Modern Office Spaces For Rent

Premier office building with customizable spaces and modern amenities.

717 NE 61st Street, Vancouver, WA 98665
View Listing
Property ID
US90-0749127
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Sharman Carpenter / Counselor / Practitioner Service Location
  • Angela Jolley: Better Properties Vancouver / Real Estate Agency
  • Kido Services / Physician / Medical Clinic
  • Serenity Quiggle, MSM, LM / Midwife
  • Naomi O'callaghan / Midwife

Property Details for 717 NE 61St St

Year built
2002
Construction
CONCRETE
Lot size
0.48 lot acres
Property size
6,194 SF
Zone code
GC : CLK
Property type
Office properties & Spaces
APN
147736-000
APU
147736000

Description

This two-story, 6,100 square foot Class B office building, constructed in 2002 and renovated in 2017, is situated in Vancouver, Washington's desirable Hazel Dell Salmon Creek submarket. Located at 717 NE 61st Street, this property boasts a convenient location on Highway 99, just half a mile north of I-5 and one mile north of Vancouver's central business district. The building features 22 total parking spaces and offers multiple tenancy options, currently with 495 square feet of vacant space. One immediately available suite (Suite 208-209) comprises 542 square feet on the first floor, including two private offices and a sink. This suite is ideal for executive or medical office use, aligning with the building's zoning as General Commercial (GC) District. A minimum lease term of 3-5 years is required. The property sits on a 0.48-acre lot with a building floor area ratio (FAR) of 14. Property taxes are $1.69 per square foot. The building does not have elevators. Pylon signage and ample parking are key amenities. This property presents a compelling opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving community. The APN is 147736-000.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,380,000
    6.5%
    $1,275,000
    7%
    $1,185,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,684,000
    Market price range: $1.13M - $2.08M
    AI Estimate
    $929,000
    Market price range: $306k - $1.25M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,470,000
    Current use
    RESTAURANT
    $2,055,000
    Change: +40% Conversion: Difficult
    RETAIL STORES
    $1,980,000
    Change: +35% Conversion: Easy
    MEDICAL BUILDING
    $1,700,000
    Change: +16% Conversion: Easy
    INDUSTRIAL (GENERAL)
    $1,515,000
    Change: +3% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $1,430,000
    Change: -3% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $1,285,000
    Change: -12% Conversion: Difficult

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Vancouver
County
Clark
State
Washington
Longitude
-122.664
Latitude
45.666
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,743
$250,900
$945,100
$1,196,000
-
$250,900
$945,100
$1,196,000
View Listing
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