This exceptional Class A medical office building, located at 14201 NE 20th Ave, Bldg B, Vancouver, WA 98686, offers 8,489 square feet of immediately available space in a highly desirable location. Built in 2000, the two-story building boasts a total of 24,734 square feet, with a minimum divisible space of 2,394 square feet and a maximum contiguous space of 5,743 square feet. The building features a 12-foot ceiling height, providing ample space and flexibility for various medical practices. Conveniently situated in the thriving Salmon Creek area, this property benefits from its proximity to major healthcare providers, including Legacy Salmon Creek Hospital (one block north) and Kaiser Permanente (one block south). The building also enjoys easy access to a variety of retail services, shopping, and dining options. The property includes 100 parking spaces for staff and patients, ensuring ample parking availability. The building's common areas, including the lobby and restrooms, have been recently updated, reflecting a commitment to providing a modern and comfortable environment. The property is zoned CC (Community Commercial), making it ideal for a variety of medical uses. This is a rare opportunity to secure high-quality medical office space in a prime location with excellent visibility and accessibility.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$9,259,887
6.5%
$8,547,588
7%
$7,937,046
Comparable approach
Method
Valuation
Relative Method
$6,492,642
Geo Method
$6,492,642
Alternative Use
Use
Valuation
Residential
$10,599,009
Hospitality
$9,708,636
Educational
$8,077,471
Medical
$8,355,268
Retail
$12,564,955
Location Insight
City
Vancouver
County
Clark
State
Washington
Latitude
45.7241
Longitude
-122.65
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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