5801 Pioneer StRidgefield, WA 98642

  • Retail properties
  • 1,616 SF
For Lease

Property Details for 5801 Pioneer St

Year built
1964
Construction
CONCRETE
Lot size
0.89 AC
Property size (Sq ft)
1,616 SF
Zone code
CRB : RGF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
213990-000
APU
213990000

Description

This exceptional 10,000-square-foot medical office building presents a unique investment opportunity in Ridgefield, Washington. Situated on a prominent corner lot at 5801 Pioneer Street, this two-story building offers a single-tenant occupancy with the entire space currently vacant. The property boasts a highly desirable Commercial Regional Business zoning classification within Clark County. Its strategic location at the southwest corner of I-5 and Pioneer Street provides unparalleled visibility and accessibility. The surrounding area is anchored by a significant concentration of national retailers, including Chevron, Costco, Tractor Supply Co., a future In-N-Out Burger, Starbucks, and Chick-fil-A, ensuring high traffic and strong consumer demographics. This prime location offers excellent potential for a variety of medical practices or businesses seeking a high-profile presence in a thriving community. The building's 10,000 square feet are spread across two stories, providing ample space for a variety of configurations. The property's address is 5801 Pioneer St, Ridgefield, WA 98642. This is a rare opportunity to acquire a substantial commercial property in a rapidly growing area with exceptional visibility and access. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $652,460
    6.5%
    $602,271
    7%
    $559,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $784,247
    Geo Method
    $784,247
  • Alternative Use

    Use
    Valuation
    Residential
    $508,038
    Hospitality
    $465,360
    Educational
    $387,174
    Medical
    $400,490
    Retail
    $602,271
5801 Pioneer St, Ridgefield, Washington

Location Insight

City
Ridgefield
County
Clark
State
Washington
Latitude
45.8154
Longitude
-122.689
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
$8,302
$656,733
$342,832
$999,565
-
$656,733
$342,832
$999,565

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