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Property profile & analytics
OFF-MARKET
Estimated value
$5,435,000
Retail space
720 160th Ave 1 Vancouver, WA 98684-8911
Entity Owned
25-yr Hold
Absentee Owner
Free & Clear
Property ID
US90-0758126
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
WOOD
Total area
28,046 SF
Lot
3.88 ac (169,013 SF)
Zoning code
CC : VAN
APN
114880-000
UPID
US90-0758126
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
-
Westface Financial & Insurance Services Financial Advisor
-
Innovative Benefit Solutions Insurance Agency
-
Ideal Image Vancouver Spa & Massage Center Alternative Medicine Practice
-
Integrity Solutions Notary Law Firm
-
Loyal To The Press Textile Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.44M
Owner & transaction history
Mill Plain 164th Assoc LLC · 25 yrs held
Mill Plain 164th Assoc LLC
since 2001
5 recorded transactions
Zoning & alternative use
CC : VAN · 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%
$5,520,000
6.5%
$5,095,000
7%
$4,730,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,970,000
Current use
MEDICAL BUILDING
$7,695,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$5.44M
Range $4.89M – $5.98M · ±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
$194 / 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
$90,399
Tax year 2023
Assessed value
$9,475,700
Assessed 2023
Previous assessed
$8,239,700
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$3,474,324
Assessed improvement
$6,001,376
Land market value
$3,474,324
Improvement market value
$6,001,376
Total market value
$9,475,700
Applied tax rate
10,143.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
HEAT PUMP
Buildings
3
Stories
1
Bathrooms
1
Total area
28,046 SF
Lot
3.88 ac (169,013 SF)
Zoning code
CC : VAN
APN
114880-000
UPID
US90-0758126
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
RETAIL STORES Current
Est. value
$9.0M
MEDICAL BUILDING
Est. value
$7.7M
RETAIL STORES Current
MEDICAL BUILDING
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
2002
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Buildings
3
Bathrooms
1
Lot
3.88 ac
Current owner
From public records · entity-resolved
Mill Plain 164th Assoc LLC
Entity
Free & Clear · 25 yrs held
Mailing address
19767 SW 72ND AVE STE #100, TUALATIN, OR 97062-8354
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2003
—
Mill Plain 164th Associates Ll
—
Deed Of Trust
related
$10,500 · Jefferson-pilot Life Insurance
Nov 15, 2001
—
Mill Plain 164th Associates
—
Grant Deed
related
$8,700,000 · West Coast Bank
Jun 20, 2001
$2,010,000
Mill Plain 164th Assoc LLC
Van Pro I Ltd
Grant Deed
—
May 5, 1992
$199,500
Van Pro I Ltd Etal
Unknown
Grant Deed
—
—
—
Mill Plain 164th Assocs LLC
—
Deed Of Trust
related
$10,500,000 · Lincoln National Life Ins
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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