1821 192Nd AveCamas, WA 98607

Property Details for 1821 192Nd Ave

Year built

2022

Construction

STEEL FRAME

Lot size

0.98 AC

Property size (Sq ft)

15,948 SF

Zone code

CC : VAN

Property type

Healthcare properties

Property subtype

Medical offices

APN

126454-001

APU

126454001

Description

This exceptional Class A medical office and retail condo, located at 1821 SE 192nd Ave in Camas, Washington, presents a unique investment opportunity. Completed in 2024, this two-story building boasts a total of 15,377 square feet, divided into four suites. Currently, a significant 3,190 square feet of space is available, ideal for a medical office or retail tenant seeking a high-visibility location. The building features modern amenities, including elevators, and is part of a larger, recently completed development encompassing retail, office, and hotel spaces. Its strategic location in Clark County, WA, zip code 98607, offers excellent access to major transportation routes and a thriving community. The property's "Multiple" tenancy structure provides flexibility and potential for diverse income streams. This ground-floor space is perfect for businesses seeking high foot traffic and easy accessibility. The building's modern design and construction ensure a high-quality environment for both tenants and clients. Don't miss this chance to secure a prime space in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,380,278

  6.5%

  $4,043,333

  7%

  $3,754,524

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,071,266

  Geo Method

  $3,071,266

• Alternative Use

  Use

  Valuation

  Residential

  $5,013,733

  Hospitality

  $4,592,552

  Educational

  $3,820,950

  Medical

  $3,952,358

  Retail

  $5,943,700

Location Insight

City

Camas

County

Clark

State

Washington

Latitude

45.6081

Longitude

-122.475

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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