7700 Parkway DrVancouver, WA 98662

Property Details for 7700 Parkway Dr

Year built

2004

Construction

STEEL FRAME

Lot size

2.22 AC

Property size (Sq ft)

51,219 SF

Zone code

CG : VAN

Property type

Office properties

APN

160526-000

APU

160526000

Description

Parkway Plaza IV offers 50,804 square feet of Class A office space in a single, three-story building constructed in 2004. This executive office property, located in the desirable Vancouver Mall submarket of Clark County, boasts a total of 163 parking spaces, providing a generous parking ratio of 3.8 spaces per 1,000 square feet. The building sits on 2.2 acres of land and features a floor area ratio (FAR) of 0.53. Currently, there is one available suite totaling 2,406 square feet. The property is zoned CG, Vancouver, offering convenient access to major transportation arteries, including SR-500 and I-205. Amenities include a common conference room and the convenience of an Avanti market. Monument signage opportunities are also available, providing excellent visibility for businesses. The building's multiple tenancy structure allows for flexibility in leasing options. This prime location within the Vancouver Mall submarket offers exceptional access to a thriving commercial area and a strong workforce. The property's modern design and ample parking make it an ideal choice for businesses seeking high-quality office space in a convenient and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $15,943,500

  6.5%

  $14,717,100

  7%

  $13,665,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,863,760

  Geo Method

  $9,863,760

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $30,378,600

  Retail / Commercial

  $15,303,100

  Mixed-Use / Specialty

  $15,032,000

  Hospitality / Lodging

  $10,746,500

  Institutional / Educational

  $15,549,800

  Residential Income

  $18,193,300

  Multifamily

  $23,020,800

  Automotive / Energy

  $13,328,400

  Parking / Income-Based Land

  $4,813,460

  Restaurant / Food Service

  $7,356,010

  Healthcare / Senior Housing

  $15,637,100

Location Insight

City

Vancouver

County

Clark

State

Washington

Latitude

45.6549

Longitude

-122.593

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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