Individually Owned Property summary
AI-generated overview
This exceptional 3,836 square foot Class B industrial property in Vancouver, WA, offers a unique blend of warehouse and office space. Currently, 1,075 square feet of heated warehouse/production space and 1,800 square feet of finished office/showroom space are immediately available for lease at $4,200 per month plus NNN. The office area boasts three private offices, a large conference room, a bathroom, a break area, a lobby, and open space with a modern design. The warehouse space features one grade-level loading dock. An additional 2,875 square feet of heated warehouse space will become available soon, with lease terms and rates negotiable. Built in 2019, this property (APN 149147-000) is located at 7402 NE St Johns Rd, Vancouver, WA 98665, in Clark County, offering convenient freeway access and ample on-site parking. The property is multi-tenant and features a total of 3,836 square feet. This is an excellent opportunity for businesses seeking a modern, well-equipped industrial space in a prime location. Immediate occupancy is available for the currently listed space.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Construction
WOOD
Total area
25,471 SF
Lot
1.55 ac (67,518 SF)
Zoning code
IL : CLK
APN
149147-000
UPID
US90-1530884
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bakery Specialty Food Shop
-
Industrial Manufacturer Production Facility
-
General Contractor Renovation Specialist
-
Home Health Care Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
since 2019
6 recorded transactions
Zoning & alternative use
IL : CLK · Vancouver, WA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.21M
Value range
$1.99M – $2.43M
±10% around blend
Estimated value / SF
$87 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
$1.99M
blend $2.21M
$2.43M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
25,471 SF
Lot area
1.55 ac
Year built
2019
Stories
2
APN
149147-000
Zoning
IL : CLK
Assessed value
$2,485,100
Annual tax
$23,893
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$5.63M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.9 mi away · 19,100 SF
19.5 mi away · 21,000 SF
23.5 mi away · 29,188 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.21M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 57 sales
$132
-35%
County 93 sales
$122
-29%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $87/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.49M
Move the market yield to see immediate price impact.
Value / SF
$98
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$157k
$3.13M
$2.24M
$1.74M
$174k
$3.48M
$2.49M
$1.93M
$191k
$3.83M
$2.73M
$2.13M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$5.88M
3.8 mi · Dec 2025 · $251/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,893
Tax year 2023
Assessed value
$2,485,100
Assessed 2023
Previous assessed
$2,291,300
+8.5% YoY
Effective rate
0.96%
On assessed value
Assessed land
$472,600
Assessed improvement
$2,012,500
Land market value
$472,600
Improvement market value
$2,012,500
Total market value
$2,485,100
Applied tax rate
10,028.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Buildings
4
Stories
2
Bathrooms
1
Total area
25,471 SF
Lot
1.55 ac (67,518 SF)
Zoning code
IL : CLK
APN
149147-000
UPID
US90-1530884
Jurisdiction
CLARK
Zoning & alternative use
IL : CLK · Vancouver, WAZoning IL : CLK · permitted uses
IL : CLK · Vancouver, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
4
Bathrooms
1
Lot
1.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IL : CLK
Jurisdiction
Vancouver, WA
Recorded code
IL : CLK
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL : CLK in Vancouver, WA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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