Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7208 101st St, Unit 3 Vancouver, WA 98686-3924
    Back to Search
    Property profile & analytics

    7208 101st St, Unit 3, Vancouver, WA 98686-3924

    View on Map
    • Retail space
    • 8,920 SF
    • 1.76 lot acres
    Off-Market
    Last Sale Mar 7, 2024
    Property ID
    US90-0045493
    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
    $1,125,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GRO / Landscaping / General Contractor
    • GRO Landscape Supply and Material / Garden Center / Hardware & Home Improvement
    • GRO Landscape Supply and Material Yard / Garden Center / Hardware & Home Improvement
    • GRO Landscape Supply / Garden Center / Hardware & Home Improvement

    Property Details for 7208 101st St

    Year built
    1911
    Construction
    WOOD
    Lot size
    1.76 lot acres
    Zone code
    IL : CLK
    Property type
    Retail space
    APN
    119530-000
    APU
    119530000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 8, 2024 — Gro Properties LLC — Deed · related $2.2M · Jpmorgan Chase Bank NA
    Mar 7, 2024 — G2kyne LLC Gro Properties LLC Lease $1.8M · Northwest Business Development Associati
    Dec 29, 2023 $4,400,000 Gro Properties LLC Mml Enterprises LLC Warranty Deed $2.2M · Jpmorgan Chase Bank NA
    Jul 18, 2023 — Mml Enterprises LLC — Deed · related $850k · Umpqua Bank
    Dec 30, 2020 — Mml Ents LLC — Deed · related $775k · Columbia St Bk
    Jun 4, 2018 — Mml Enterprises LLC — Deed · related $450k · Columbia State Bank
    Apr 16, 2018 $600,000 Mml Enterprises LLC Kelly W Rogeres Warranty Deed $450k · Columbia State Bank
    Mar 12, 2007 $79,510 Clark County Rogers,kelly W & Gayla Warranty Deed —
    Jan 31, 2003 $200,000 Kelly W Rogers Rogers,volney & Judith Grant Deed · related $500k · Volney & Judith Rogers
    — — Mml Ents LLC — Loan Modification · related $775k · Columbia St Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.598
    Latitude
    45.6955
    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
    $9,662
    $433,664
    $781,132
    $1,214,796
    -
    $433,664
    $781,132
    $1,214,796

    Comparable in this City

    • Value Estimation
      $1,145,000
      9,600 SF

      11912 Hwy 99th, Unit 126

      RETAIL STORES (PERSONAL SERVICES)
      11912 Hwy 99th, Vancouver, WA 98686-4000
      View Details
    • Value Estimation
      $1,310,000
      10,047 SF

      1501 102nd St

      RETAIL STORES (PERSONAL SERVICES)
      1501 102nd St, Vancouver, WA 98686-5793
      View Details
    • Value Estimation
      $3,565,000
      9,216 SF

      9900 Hwy 99th, Unit 169

      RETAIL STORES (PERSONAL SERVICES)
      9900 Hwy 99th, Vancouver, WA 98686-5608
      View Details
    • Value Estimation
      $2,100,000
      14,766 SF

      1314 102nd St15a

      RETAIL STORES (PERSONAL SERVICES)
      1314 102nd St15a, Vancouver, WA 98686-4704
      View Details
    • Value Estimation
      $1,780,000
      9,975 SF

      14300 20th Aved

      RETAIL STORES (PERSONAL SERVICES)
      14300 20th Aved, Vancouver, WA 98686-6420
      View Details
    • Value Estimation
      $815,000
      7,125 SF

      14300 20th Avec

      RETAIL STORES (PERSONAL SERVICES)
      14300 20th Avec, Vancouver, WA 98686-6420
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial Zoned Land 9.62 Acres

      9.62 acres of industrial land in Vancouver, WA near I-205.
      10503 NE 72Nd Ave, Vancouver, WA 98686
      View Details
    • $250,000
      6.13 Acres

      Secluded Land with Development Potential

      6+ acre residential land with development potential in Vancouver, WA.
      NE 45Th Ave, Vancouver, WA 98686
      View Details
    • $165,000
      0.07 Acres

      Residential Land in RVHB Neighborhood

      Residential lots available in a welcoming Vancouver, WA community.
      13000 NE 66Th Ave, Vancouver, WA 98686
      View Details
    • New
      $399,900
      0.28 Acres

      Residential Land in Vancouver, WA

      Flat 12,000+ sq ft parcel ready for development.
      4909 NE 128Th St, Vancouver, WA 98686
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,589 SF

      Retail Space Available For Rent

      Retail property with 4589 square feet available for rent.
      13309 Highway 99 Northeast, Vancouver, WA 98686
      View Details
    • Contact for pricing

      Retail Neighborhood Center Near Highway

      Freestanding retail center located off Highway 99 in Hazel Dell.
      10501 Highway 99 NE, Vancouver, WA 98686
      View Details
    • Contact for pricing
      78,616 SF

      Vancouver Warehouse Space Available

      78,616 SF warehouse with dock and grade loading.
      10018 Northeast 72Nd Ave, Vancouver, WA 98686
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7208 101st St, Unit 3
    Vancouver, WA 98686-3924
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7208 101st St, Vancouver, WA, 98686
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!