Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7900 Vancouver Mall Dr, Unit 2 Vancouver, WA 98662-6795
    Back to Search
    Property profile & analytics

    7900 Vancouver Mall Dr, Unit 2, Vancouver, WA 98662-6795

    View on Map
    • Assisted living facilities
    • 35,288 SF
    • 2.63 lot acres
    Off-Market
    Last Sale Jan 26, 2021
    $11,990,596
    Property ID
    US90-0371501
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $11,270,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Brookdale Vancouver Stonebridge / Nursing Home / Retirement Community

    Property Details for 7900 Vancouver Mall Dr

    Year built
    2000
    Construction
    WOOD
    Lot size
    2.63 lot acres
    Zone code
    CC : VAN
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    108100-000
    APU
    108100000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 26, 2021 — Ohi Asset Wa Vancouver 7900 Hcp Sh Elp1 Properties LLC Grant Deed —
    Nov 14, 2012 $12,625,000 Hcp Sh Elp1 Properties LLC Bre Of Sw Stonebridge LLC Grant Deed —
    Aug 17, 2010 — Bre Of Sw Stonebridge LLC Stayton Sw Assisted Living LLC Grant Deed $159.3M · Columbia Pacific Sw/cs LLC
    Jul 7, 2010 — Vancouver Care LLC — Deed Of Trust · related $163.4M · Columbia Pacific Distresed F
    Jun 9, 2005 $232,547 Vancouver Care LLC Greens Stonebridge LLC Warranty Deed —
    Jun 9, 2005 $154,949 Vancouver Care LLC Hilsabecks Stonebridge LLC Warranty Deed $5M · Bank Of The West
    Jun 9, 2005 $103,299 Vancouver Care LLC Smiths Stonebridge LLC Warranty Deed —
    Jun 9, 2005 $103,354 Vancouver Care LLC Merrifields Stonebridge LLC Warranty Deed —
    Jun 9, 2005 $597,207 Vancouver Care LLC Groshongs Stonebridge LLC Warranty Deed —
    Jun 9, 2005 $973,332 Vancouver Care LLC Johnsons Stonebridge LLC Warranty Deed —
    Jun 9, 2005 $103,179 Vancouver Care LLC Pinellis Stonebridge LLC Warranty Deed —
    Feb 3, 2004 $589,000 Groshongs Stonebridge LLC Vancouver Care LLC Warranty Deed —
    Nov 5, 2003 $101,330 Johnsons Stonebridge LLC Vancouver Care LLC Grant Deed —
    Nov 5, 2003 $104,429 Merrifields Stonebridge LLC Vancouver Care LLC Grant Deed —
    Nov 5, 2003 $100,000 Pinelis Stonebridge LLC Vancouver Care LLC Grant Deed —
    Nov 5, 2003 $234,965 Greens Stonebridge LLC Vancouver Care LLC Grant Deed —
    Oct 2, 2000 $151,590 First Pacific Associates LLC Vancouver Care LLC Grant Deed · related —
    Jun 18, 1999 $1,295,193 Vancouver Care LLC Province,ronald N & Anita A Grant Deed $5.8M · Interwest Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $11,550,000
      ML approach
      $9,550,000

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $6,870,000
      Current use
      RESTAURANT
      $11,705,000
      Change: +70% Conversion: Difficult
      RETAIL STORES
      $11,285,000
      Change: +64% Conversion: Difficult
      MEDICAL BUILDING
      $9,680,000
      Change: +41% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $8,630,000
      Change: +26% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $8,370,000
      Change: +22% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $8,140,000
      Change: +19% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $7,330,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vancouver
    County
    Clark
    State
    Washington
    Longitude
    -122.592
    Latitude
    45.6586
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $63,530
    $1,649,700
    $5,158,700
    $6,808,400
    -
    $1,649,700
    $5,158,700
    $6,808,400

    Comparable in this City

    • Value Estimation by Request
      1,632 SF

      7503 Mdws Dr

      HOMES (RETIRED, NURSING)
      7503 Mdws Dr, Vancouver, WA 98662-3697
      View Details
    • Value Estimation by Request
      66,846 SF

      5414 81st Ave

      HOMES (RETIRED, NURSING)
      5414 81st Ave, Vancouver, WA 98662-6033
      View Details
    • Value Estimation by Request
      3,628 SF

      6400 87th Ave

      HOMES (RETIRED, NURSING)
      6400 87th Ave, Vancouver, WA 98662-5493
      View Details
    • Value Estimation
      $2,090,000
      21,642 SF

      5312 82nd Ave

      HOMES (RETIRED, NURSING)
      5312 82nd Ave, Vancouver, WA 98662-6077
      View Details
    • Value Estimation
      $15,940,000
      184,857 SF

      9317 86th St

      HOMES (RETIRED, NURSING)
      9317 86th St, Vancouver, WA 98662-2145
      View Details
    • Value Estimation by Request
      4,803 SF

      9505 116th Ave

      HOMES (RETIRED, NURSING)
      9505 116th Ave, Vancouver, WA 98662-2340
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      65,000 SF

      Vancouver Investment Opportunity Near Mall

      Fully leased commercial property near I-205 and Vancouver Mall.
      9300 Van Mall Dr, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Commercial Lots Near Winco Foods

      Level commercial lots with utilities near Bowyers Shopping Center.
      11208 NE 119Th St, Vancouver, WA 98662
      View Details
    • $4,950,000

      Mixed-Use Property in Vancouver, WA

      Mixed-use property with office, warehouse, and retail spaces available.
      7217 Northeast 99Th St, Vancouver, WA 98662
      View Details
    • $799,000
      2,834 SF

      Vancouver Duplex: Investor Opportunity

      Tenant-occupied duplex with modern features in Vancouver, WA.
      6011 NE 105Th Ave, Vancouver, WA 98662
      View Details
    • $6,750,000

      Medical/Office Buildings with Long-Term Tenant

      Two buildings totaling 12,037 SF, fully leased, renovated in 2021.
      NE Fourth Plain Blvd, Vancouver, WA 98662
      View Details
    • $6,900,000

      NNN Leased Retail Investment Property

      NNN-leased Floor & Decor investment property in Vancouver, Washington.
      11608 Northeast 76Th St, Vancouver, WA 98662
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      338,719 SF

      Vancouver Logistics Phase II

      Class-A Industrial Space Available
      7704 72Nd Ave, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Vancouver Retail Center For Rent

      Retail and office spaces available in a bustling Vancouver location.
      5500/5501 NE 109Th Ct, Vancouver, WA 98662
      View Details
    • Contact for pricing
      11,184 SF

      Vancouver Office Space Available

      Office building with 11,184 square feet available for rent.
      4601 NE 77Th Ave, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Industrial Single Tenant Space

      Industrial space available for lease, totaling 5,767 square feet.
      11419 NE 126Th St, Vancouver, WA 98662
      View Details
    • Contact for pricing

      Premier Suburban Office Building

      Vancouver office building with modern amenities and convenient location.
      7600 NE 41St St, Vancouver, WA 98662
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7900 Vancouver Mall Dr, Unit 2
    Vancouver, WA 98662-6795
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7900 Vancouver Mall Dr, Vancouver, WA, 98662
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!