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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Office Spaces
914 Esther St 1, Vancouver, WA 98660-3026
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-3306357
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1910
Construction
WOOD
Total area
2,314 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CX : VAN
APN
051410-000
UPID
US90-3306357
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
-
The Studios Hair Salon Nail Salon
-
Hair by Heidi Carter Hair Salon
-
Studio B Salon Hair Salon Nail Salon
-
Just Brows by becca Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
$689k
Blend (final)
Blend
$700k
Owner & transaction history
Grill Holdings LLC · 3 yrs held
Grill Holdings LLC
since 2023
Last sale
$915,000
4 recorded transactions
Zoning & alternative use
CX : VAN · Vancouver, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$740,000
+59.4%
Medical building
$635,000
+36.7%
Neighborhood: shopping center
$535,000
+15.0%
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
$640,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$440,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$465,000
Current use
RETAIL STORES
$740,000
Change: +59% · Conversion: Easy
MEDICAL BUILDING
$635,000
Change: +37% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$535,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$480,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $915k (May 9 2023)
Last sale anchor
$915k
May 9 2023
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
$303 / 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
$5,122
Tax year 2023
Assessed value
$547,800
Assessed 2023
Previous assessed
$547,800
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$160,000
Assessed improvement
$387,800
Land market value
$160,000
Improvement market value
$387,800
Total market value
$547,800
Applied tax rate
10,000.0000
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
1910
Construction
WOOD
Heating
FORCED AIR
Stories
2
Total area
2,314 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CX : VAN
APN
051410-000
UPID
US90-3306357
Jurisdiction
CLARK
Zoning & alternative use
CX : VAN · Vancouver, WA
Zoning CX : VAN · permitted uses
CX : 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
COMMERCIAL (GENERAL) Current
Est. value
$465,000
RETAIL STORES
Est. value
$740,000
MEDICAL BUILDING
Est. value
$635,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$535,000
AUTO REPAIR, GARAGE
Est. value
$480,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1910
Construction
WOOD
Heating
FORCED AIR
Stories
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Grill Holdings LLC
Entity
Mailing address
1711 MAIN ST, VANCOUVER, WA 98660-2607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2023
$915,000
Grill Holdings LLC
Julie H Goggin
Warranty Deed
$732,000 · Jpmorgan Chase Bank NA
Jul 30, 2014
—
Goggin Living Trust
Goggin,david J
Quit Claim Deed
related
—
Feb 6, 2004
—
Ss & G Associates
Stanek,arlen
Quit Claim Deed
related
—
Feb 6, 2004
$150,000
David Goggin
Ed Shobert & The Ss & G Asso
Grant Deed
—
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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