14201 20Th AveVancouver, WA 98686

  • Office properties
  • 33,714 SF
For Lease
$26.50/SF/YR View listing

Property Details for 14201 20Th Ave

Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.62 AC
Property size (Sq ft)
33,714 SF
Zone code
CC : CLK
Property type
Office properties
APN
117895-070
APU
117895070

Description

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

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
$74,805
$2,739,100
$4,904,200
$7,643,300
-
$2,739,100
$4,904,200
$7,643,300

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