5101 82Nd AveVancouver, WA 98662

Property Details for 5101 82Nd Ave

Year built

2005

Construction

STEEL FRAME

Lot size

1.56 AC

Property size (Sq ft)

28,500 SF

Zone code

CC : VAN

Property type

Office properties

Property subtype

Other office properties

APN

160080-015

APU

160080015

Description

This exceptional Class B office building, totaling 28,500 square feet, sits on a 1.56-acre lot in Clark County. Built in 2005, the single-building property boasts a highly desirable location with excellent visibility, situated adjacent to the Vancouver Mall. The property's zoning is CC, and its APN is 160080-015. Currently offering multiple tenancies, one space of 3,511 square feet is immediately available. The building provides ample parking with a 4/1,000 ratio, ensuring convenient access for tenants and their clients. Its strategic location offers easy freeway access to both I-205 and SR-500, providing seamless connectivity throughout the region. The surrounding area is vibrant, featuring a mix of retail establishments, restaurants, and other amenities, creating a convenient and attractive environment for businesses. Building signage opportunities are available, enhancing visibility and brand recognition. This property presents a compelling opportunity for businesses seeking a well-located, functional, and accessible office space in a thriving commercial area. The property is categorized as Traditional Office, Executive Office, and Medical Office, making it suitable for a variety of professional uses.

• CAP approach

  CAP return

  Valuation

  6%

  $7,827,810

  6.5%

  $7,225,671

  7%

  $6,709,552

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,488,530

  Geo Method

  $5,488,530

• Alternative Use

  Use

  Valuation

  Residential

  $8,959,832

  Hospitality

  $8,207,158

  Educational

  $6,828,259

  Medical

  $7,063,093

  Retail

  $10,621,736

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6594

Longitude

-122.588

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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