New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,855,000
Distribution centers
7401 47th Ave, Vancouver, WA 98661-1327
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US90-3065856
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1976
Construction
CONCRETE
Total area
66,460 SF
Lot
4.84 ac (210,830 SF)
Zoning code
IL : CLK
APN
099690-000
UPID
US90-3065856
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
-
Beltservice Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.72M
Blend (final)
Blend
$4.86M
Owner & transaction history
Rwr Property Holdings 1 LLC · 10 yrs held
Rwr Property Holdings 1 LLC
since 2016
7 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
$4.86M
Range $4.37M – $5.34M · ±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
$73 / 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
$44,194
Tax year 2023
Assessed value
$4,520,100
Assessed 2023
Previous assessed
$3,516,200
+28.6% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,328,200
Assessed improvement
$3,191,900
Land market value
$1,328,200
Improvement market value
$3,191,900
Total market value
$4,520,100
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
SPACE
Buildings
2
Stories
1
Total area
66,460 SF
Lot
4.84 ac (210,830 SF)
Zoning code
IL : CLK
APN
099690-000
UPID
US90-3065856
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
1976
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
2
Lot
4.84 ac
Current owner
From public records · entity-resolved
Rwr Property Holdings 1 LLC
Entity
Mailing address
7401 NE 47TH AVE, VANCOUVER, WA 98661-1327
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
—
Rwr Property Holdings 1 LLC
—
Deed
related
$1,020,000 · Key Bank NA
Sep 7, 2017
—
Rwr Property Holdings 1 LLC
—
Deed
related
$3,403,000 · Keybank USA
Mar 29, 2016
—
Rwr Property Holdings 1 LLC
Roalsen,rodney W
Quit Claim Deed
related
—
Apr 12, 2011
—
Rodney W Roalsen
Roalsen Ron Trust
Quit Claim Deed
related
—
Mar 23, 2010
—
Roalsen Ron Trust
Roalsen,ronald L
Quit Claim Deed
related
—
Dec 19, 2007
—
Ronald L Roalsen
Roalsen,carol J
Quit Claim Deed
related
$2,600,000 · Key Bank & Trust
Dec 19, 2007
$3,391,650
Ronald L Roalsen
Schnitzer Investment Corp
Grant Deed
—
Apr 4, 1997
—
Schnitzer Investment Corp
—
Deed Of Trust
related
$20,000,000 · Prudential Insurance Of Americ
Aug 26, 1996
—
Schnitzer Investment Corp
Suf INC
Grant Deed
related
—
—
—
Rodney W Roalsen
—
Deed Of Trust
related
$500,000 · Edward Roalsen
—
—
Roalsen Ron Trust
—
Deed Of Trust
related
$2,468,347 · Key Bank & Trust
—
—
Rodney W Roalsen
—
Deed Of Trust
related
$600,000 · Keybank USA
—
—
Rwr Property Holdings 1 LLC
—
Deed Of Trust
related
$3,403,000 · Keybank USA
—
—
Ronald L Roalsen
—
Deed Of Trust
related
$800,000 · Key Bank & Trust
—
—
Rodney W Roalsen
—
Deed Of Trust
related
$2,468,347 · Key Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7401 47th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
