Property profile

7505 Alabama Dr 7 Vancouver, WA 98664

OFF-MARKET
Assisted living facilities
Property ID
US90-0066478
2,820 SF 0.28 ac lot Built 1958
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1958
Construction CONCRETE
Total area 2,820 SF
Lot 0.28 ac (11,984 SF)
Zoning code R-4 : VAN
APN 037911-145
UPID US90-0066478

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7505 Alabama Dr, Unit 7 Vancouver, WA 98664-2203
Vancouver metro Census 43100 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$656k
Blend (final) Blend
$595k

Owner & transaction history

since 2021
Last sale
$620,000
7 recorded transactions
2021
$620,000
2017
$470,000
2015
Price N/A
2006
$468,000
2002
$210,000
2001
$173,000
1997
$120,000

Zoning & alternative use

R-4 : VAN · Vancouver, WA
Top alternative use upside
Retail stores $900,000 +64.3%
Medical building $775,000 +40.9%
Commercial (general) $670,000 +21.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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