6.3 acres of r1-6 zoning - loopnet

BrokerD. 360.241.8829M. [email protected]

BECKY POTTER, CCIM

L A N D F O R S A L E

6.3 ACRES OF R1-6 ZONING8 6 0 8 N E 8 8 T H S T . , V A N C O U V E R , W A 9 8 6 6 2

• 2 • BERKSHIRE HATHAWAY NORTHWEST COMMERCIAL DIVISION

PROPERTY INFORMATION1. 3

4Executive Summary5Additional Photos6Additional Photos

LOCATION INFORMATION2. 7

8Location Maps9Aerial Maps

10Property DetailsSALE COMPARABLES3. 11

12Sale Comps13Sale Comps Summary14Sale Comps Map

DEMOGRAPHICS4. 15

16Demographics Map & ReportADVISOR BIOS5. 17

18Advisor Bio 119Back Cover Page

T A B L E O F C O N T E N T S

All materials and information received or derived from Berkshire Hathaway Northwest Commercial Division its directors, officers, agents, advisors, affiliates and/or any third party sources are providedwithout representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability orsuitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither Berkshire Hathaway Northwest Commercial Division its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of theany materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s activeconduct of its own due diligence to determine these and other matters of significance to such party. Berkshire Hathaway Northwest Commercial Division will not investigate or verify any such matters orconduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third partyindependent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriateindependent professionals. Berkshire Hathaway Northwest Commercial Division makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data orassumptions. Berkshire Hathaway Northwest Commercial Division does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financialperformance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do notnecessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and otherissues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party withappropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Berkshire Hathaway Northwest Commercial Division in compliancewith all applicable fair housing and equal opportunity laws.

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BERKSHIRE HATHAWAY NORTHWEST COMMERCIAL DIVISIONPROPERTY INFORMATION

P R O P E R T Y I N F O R M A T I O N

MORE INFORMATION AVAILABLEBHHSNWCOMMERCIAL.COM

• 4 •PROPERTY INFORMATION

Sale Price: $850,000

Lot Size: 6.3 Acres

Price / Acre: $134,921

Zoning: R1-6

Market: Portland MSA

Submarket: SW Washington

OFFERING SUMMARY PROPERTY OVERVIEW6.3 acres zoned for Single Family Homes, Adult Family Homes and more. It hasbeen determined that approximately 1/2 of the property is buildable. Original plandeveloped for 34 townhomes to be built. Wetlands and other feasibility studiesincluded with the sale.

LOCATION DESCRIPTION

NORTH ON 94TH AVE AND WEST ON 88TH STREET. LOCATED IN THE HEART OF CLARK COUNTY IN THE SUNNYSIDE / WALNUT GROVE AREA.

6.3 ACRES OF R1-6 ZONING

E X E C U T I V E S U M M A R Y

8608 NE 88TH ST. , VANCOUVER, WA 98662





A D D I T I O N A L P H O T O S



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BERKSHIRE HATHAWAY NORTHWEST COMMERCIAL DIVISIONLOCATION INFORMATION

L O C A T I O N I N F O R M A T I O N


• 8 •LOCATION INFORMATION


L O C A T I O N M A P S






A E R I A L M A P S





SALE PRICE $850,000

LOCATION INFORMATION

Building Name Sneed Family Trust

Street Address 8608 NE 88th St.

City, State, Zip Vancouver, WA 98662

County Clark

Market Portland MSA

Sub-market SW Washington

Cross-Streets 88th St./94th Ave

BUILDING INFORMATION

Number Of Lots 2

Best Use Residential Dwellings

Free Standing Two structures

PROPERTY INFORMATION

Property Type Land

Property Subtype Other

APN #

Zoning

155985000,155982000

R1-6


P R O P E R T Y D E T A I L S



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BERKSHIRE HATHAWAY NORTHWEST COMMERCIAL DIVISIONSALE COMPARABLES

S A L E C O M P A R A B L E S


• 12 •SALE COMPARABLES

SUBJECT PROPERTY8608 NE 88th St. | Vancouver, WA 98662

$850,000Sale Price: 6.3 ACLot Size:

$3.10Price PSF: $134,921Price / AC:

10008 NE 117th Ave | Vancouver, WA 98662



09/30/2018Closed:

1

1

16505 NE 88th St. | Vancouver, WA 98682



05/16/0218Closed:

2

2

3016 NE 172nd Ave | Vancouver , WA 98682

$4,600,000Sale Price: 18.61 ACLot Size:


12/09/2015Closed:

3

3


S A L E C O M P S





SUBJECT PROPERTY PRICE LOT SIZE PRICE/SF PRICE/AC

Sneed Family Trust8608 NE 88th St.Vancouver, WA 98662

$850,000 6.3 AC $3.10 $134,921

SALE COMPS PRICE LOT SIZE PRICE/SF PRICE/AC

1 10008 NE 117th AveVancouver, WA 98662

$225,000 0.82 AC $6.30 $274,390

2 16505 NE 88th St.Vancouver, WA 98682

$678,000 2.32 AC $6.71 $292,241

3 3016 NE 172nd AveVancouver , WA 98682

$4,600,000 18.61 AC $5.67 $247,178

PRICE LOT SIZE PRICE/SF PRICE/AC

TOTALS/AVERAGES $1,834,333 7.25 AC $5.81 $253,011


S A L E C O M P S S U M M A R Y





8608 NE 88th St. | Vancouver, WA 98662SUBJECT PROPERTY

1 10008 NE 117th AveVancouver, WA 98662 2 16505 NE 88th St.

Vancouver, WA 98682 3 3016 NE 172nd AveVancouver , WA 98682


S A L E C O M P S M A P



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BERKSHIRE HATHAWAY NORTHWEST COMMERCIAL DIVISIONDEMOGRAPHICS

D E M O G R A P H I C S


• 16 •DEMOGRAPHICS

POPULATION 1 MILE 3 MILES 5 MILES

Total population 10,037 72,656 201,391

Median age 36.9 35.0 35.0

Median age (Male) 36.8 34.2 34.6

Median age (Female) 36.4 36.1 35.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 3,312 26,954 76,250

# of persons per HH 3.0 2.7 2.6

Average HH income $69,904 $63,035 $63,160

Average house value $206,475 $209,736 $235,774

* Demographic data derived from 2010 US Census


D E M O G R A P H I C S M A P & R E P O R T



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BERKSHIRE HATHAWAY NORTHWEST COMMERCIAL DIVISIONADVISOR BIOS

A D V I S O R B I O S


• 18 •ADVISOR BIOS

WA #2683 // OR #940700055

BECKY POTTER, CCIM

Broker

[email protected]: 360.241.8829 | Cell: 360.241.8829

PROFESSIONAL BACKGROUNDBecky's real estate career spans over 25 years. She has a thorough knowledge of the Portland and Southwest Washington Markets. Sheholds a Brokers License in both Oregon and Washington State. She is a recognized leader in Vancouver's investment sales market. She hasreceived local and national Awards of Distinction, recognizing her for her high sales volumes. She is in the top 8% of sales within theBerkshire Hathaway Network. She was awarded Transaction of the Year Award which encompassed her peers from the community ofCommercial Brokers of SW Washington and the State of Oregon.

In addition to a degree in Business Administration, with a minor in accounting, Becky holds the designation of CCIM (CertifiedCommercial Investment Member), which is a graduate level program comprised of 200 classroom hours and a comprehensive exam thatfocuses on financial analysis, market analysis, use decisions, and investment anaylsis. In addition to the rigorous study, candidates for thistitle must document a minimum standard of transactions over a five-year period in order to be awarded this designation. It is the highestaccreditation within the Commercial Real Estate Industry.

Becky's experience over the years has focused on Investment sales in the States of Washington, Nevada, Idaho, and Texas.

EDUCATIONBA in Business Administration, Minor in AccountingEquivalency in Master's of Finance (CCIM Institute)

MEMBERSHIPSCCIM National OrganizationCCIM Oregon/SW Washington ChapterNational Association of RealtorsClark County Rental AssociationColumbia County Board of RealtorsNTSA (Neighborhood Traffic Safety Alliance in Vancouver)

Berkshire Hathaway Northwest Commercial Division9600 SW Barnes Suite 100

Portland, OR 97225360.241.8829


A D V I S O R B I O 1



BrokerD. 360.241.8829M. [email protected]

BECKY POTTER, CCIM

6.3 acres of r1-6 zoning - loopnet

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