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Property profile & analytics
OFF-MARKET
Estimated value
$10,735,000
Office Spaces
800 136th Ave, Vancouver, WA 98684-6933
Individually Owned
1-yr Hold
Free & Clear
Property ID
US90-1881261
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2014
Construction
STEEL FRAME
Total area
81,642 SF
Lot
5.19 ac (226,076 SF)
Zoning code
CC : VAN
APN
164777-000
UPID
US90-1881261
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
-
Department of Professional Rehab (DSHS) Social Service Agency Charitable Organization
-
Washington State Department of Social and Health Services (DSHS) Government Office
-
Home & Community Services Social Service Agency Charitable Organization
-
Columbia River CSO Government Office
-
Developmental Disabilities Services Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.34M
Blend (final)
Blend
$10.74M
Owner & transaction history
State Of Washington · 1 yrs held
State Of Washington
since 2025
7 recorded transactions
Zoning & alternative use
CC : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
AUTO REPAIR, GARAGE
$16,955,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$10.74M
Range $9.66M – $11.81M · ±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
$131 / 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
$153,199
Tax year 2023
Assessed value
$16,056,800
Assessed 2023
Previous assessed
$13,962,400
+15.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$4,573,481
Assessed improvement
$11,483,319
Land market value
$4,573,481
Improvement market value
$11,483,319
Total market value
$16,056,800
Applied tax rate
10,143.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2014
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Total area
81,642 SF
Lot
5.19 ac (226,076 SF)
Zoning code
CC : VAN
APN
164777-000
UPID
US90-1881261
Jurisdiction
CLARK
Zoning & alternative use
CC : VAN · Vancouver, WA
Zoning CC : VAN · permitted uses
CC : VAN · 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
AUTO REPAIR, GARAGE
Est. value
$17.0M
AUTO REPAIR, GARAGE
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
2014
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
2
Lot
5.19 ac
Current owner
From public records · entity-resolved
State Of Washington
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 41468, OLYMPIA, WA 98504-1468
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
Jan 24, 2025
—
State Of Washington
Vine Street Partners LLC
Deed
—
Nov 13, 2023
—
Department Of Children Youth & Fami
Vine Street Partners LLC
Deed
—
Dec 7, 2021
—
Vine Street Partners LLC
—
Deed
related
$13,750,000 · Umpqua Bank
Oct 15, 2013
—
Haagen Properties LLC
Great Wstrn Ents
Quit Claim Deed
related
—
Oct 16, 2012
—
Haagen Properties LLC
Haagen,dale A & Jaana H
Quit Claim Deed
related
—
Oct 10, 1994
—
Haagen Trust
Haagen,dale A
Quit Claim Deed
related
—
—
—
Vine Street Partners LLC
—
Deed Of Trust
related
$9,300,000 · Umpqua Bank
—
—
Vine Street Partners LLC
—
Loan Modification
related
$9,300,000 · Umpqua Bk
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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