7604 5Th AveVancouver, WA 98665

  • Retail space
  • 30,360 SF
For Lease
$38/SF/YR View listing

Property Details for 7604 5Th Ave

Year built
2007
Construction
STEEL FRAME
Lot size
3.20 AC
Property size (Sq ft)
30,360 SF
Zone code
GC : CLK
Property type
Retail space
APN
148227-000
APU
148227000

Description

This exceptional retail opportunity is located in the vibrant Hazel Dell Square, situated at 7604 NE 5th Ave, Vancouver, WA 98665, within Clark County. The property is a multi-tenant strip center offering a prime location for businesses seeking high visibility and convenient access. Currently, there is 1,100 square feet of vacant retail space available, perfect for a variety of uses. While the total building square footage is not currently specified, this 1,100 square foot space presents a significant opportunity for expansion or establishment within an established commercial center. The property's address places it within a well-populated area of Vancouver, offering excellent potential for customer traffic and brand recognition. The specific property type is retail, categorized as a strip center, making it ideal for businesses that benefit from high foot traffic and convenient parking. This space presents a unique chance to establish or expand a business in a thriving commercial area. The location in Clark County, Washington, provides access to a strong local market and a diverse customer base. Interested parties are encouraged to inquire about lease terms and availability for this highly desirable retail space. The property is conveniently located at the intersection of NE 5th Ave, offering easy access and high visibility for potential customers. This is a fantastic opportunity for businesses seeking a well-located and accessible retail space in a bustling commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,257,856
    6.5%
    $11,314,944
    7%
    $10,506,734
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,733,757
    Geo Method
    $14,733,757
  • Alternative Use

    Use
    Valuation
    Residential
    $9,544,579
    Hospitality
    $8,742,783
    Educational
    $7,273,892
    Medical
    $7,524,053
    Retail
    $11,314,944
7604 5Th Ave, Vancouver, Washington

Location Insight

City
Vancouver
County
Clark
State
Washington
Latitude
45.6776
Longitude
-122.668
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
$111,240
$2,748,600
$8,632,900
$11,381,500
-
$2,748,600
$8,632,900
$11,381,500

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