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Property profile & analytics
OFF-MARKET
Estimated value
$3,820,000
Retail space
7700 Hazel Dell Ave, Vancouver, WA 98665-8225
Entity Owned
4-yr Hold
Free & Clear
Property ID
US90-0847597
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
WOOD
Total area
8,000 SF
Lot
1.01 ac (43,996 SF)
Zoning code
CC : CLK
APN
147953-000
UPID
US90-0847597
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
-
Illuminati Tattoo Parlor Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.82M
Owner & transaction history
Hdabt LLC · 4 yrs held
Hdabt LLC
since 2022
Last sale
$4.0M
3 recorded transactions
Zoning & alternative use
CC : CLK · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+3.7%
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
$3,550,000
ML approach
$3,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,560,000
Current use
RESTAURANT
$2,655,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$3.82M
Range $3.44M – $4.20M · ±10% · vs last sale $4.00M (Feb 8 2022)
Last sale anchor
$4.00M
Feb 8 2022
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
$478 / 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
$11,727
Tax year 2023
Assessed value
$1,155,200
Assessed 2023
Previous assessed
$1,069,200
+8.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$769,700
Assessed improvement
$385,500
Land market value
$769,700
Improvement market value
$385,500
Total market value
$1,155,200
Applied tax rate
10,029.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Total area
8,000 SF
Lot
1.01 ac (43,996 SF)
Zoning code
CC : CLK
APN
147953-000
UPID
US90-0847597
Jurisdiction
CLARK
Zoning & alternative use
CC : CLK · Vancouver, WA
Zoning CC : CLK · permitted uses
CC : 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.6M
RESTAURANT
Est. value
$2.7M
RETAIL STORES Current
RESTAURANT
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
1968
Construction
WOOD
Heating
HEAT PUMP
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Hdabt LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 921, BRUSH PRAIRIE, WA 98606-0921
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
—
Hdabt LLC
—
Deed
related
$2,250,000 · Red Canoe Cu
Feb 8, 2022
$4,000,000
Hdabt LLC
Lisa L Sorenson
Bargain And Sale Deed
—
Nov 25, 2008
—
Grimm Living Trust
Grimm,carolyn M
Quit Claim Deed
related
—
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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