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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Industrial properties
7414 88th St Vancouver, WA 98662-1831
Trust Owned
Absentee Owner
Free & Clear
Property ID
US90-1040384
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
2022
Construction
TYPE NOT SPECIFIED
Total area
1,792 SF
Lot
10.95 ac (476,982 SF)
Zoning code
IL : CLK
APN
155768-000
UPID
US90-1040384
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
-
Thermal Supply Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$950k
Owner & transaction history
Deutsche Bank Trust Company America
Deutsche Bank Trust Company America
since 2025
7 recorded transactions
Zoning & alternative use
IL : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$575,000
+30.8%
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
Alternative Use
Use
Estimation
RETAIL STORES
$575,000
Change: +31% · Conversion: Moderate
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$530 / 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
$194,169
Tax year 2023
Assessed value
$25,510,000
Assessed 2023
Previous assessed
$20,369,020
+25.2% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,149,742
Assessed improvement
$24,360,258
Land market value
$1,149,742
Improvement market value
$24,360,258
Total market value
$25,510,000
Applied tax rate
10,286.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
2022
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Stories
1
Bathrooms
2
Total area
1,792 SF
Lot
10.95 ac (476,982 SF)
Zoning code
IL : CLK
APN
155768-000
UPID
US90-1040384
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
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$575,000
RETAIL STORES
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
2022
Construction
TYPE NOT SPECIFIED
Heating
OTHER
Stories
1
Bathrooms
2
Lot
10.95 ac
Current owner
From public records · entity-resolved
Deutsche Bank Trust Company America
Trust
Free & Clear · 0 yrs held
Mailing address
900 SW 16TH ST STE #330, RENTON, WA 98057-2637
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
—
Deutsche Bank Trust Company America
Northwest Natural Gas Company
Deed
—
Dec 16, 2022
—
Northwest Natural Gas Company
—
Deed
related
$140,000,000 · Bankers Trust Company NA
Apr 1, 2021
—
Vancouver Logistics Holdings LLC
—
Deed
related
$10,885,000 · Zb NA
Jan 21, 2021
$6,750
Vancouver Logistics Hldgs LLC
Northwest Natural Gas Co
Grant Deed
—
Jul 10, 2003
$985,720
Northwest Natural Gas Co
Shannon L Metcalf LLC
Grant Deed
—
Jul 10, 2003
—
Shannon L Metcalf LLC
Metcalf,clyde L & Shannon L
Quit Claim Deed
related
—
Feb 21, 2001
—
Shannon L Metcalf LLC
Metcalf,shannon L
Quit Claim Deed
related
—
Mar 21, 2000
$200,000
Kenneth L Bruhn
Bruhn,dorothy K
Grant Deed
related
$155,000 · Washington Mutual Fsb
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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