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Independent Self Storage 6209 NE 121st Ave 1,040 SF Industrial Building Vancouver, WA 98682 $2,900,000 ($2,788.46/SF) 5.15% Cap Rate
EXECUTIVE SUMMARY
*Estate Sale* The Independent Self Storage property consists of a 1,040 SF Office Building, 107 Container Storage Rentals with sizes ranging from 6'x8' up to 40'x8', 7 covered boat/RV storage spaces, 7 secured parking spaces. Property to be sold As-Is. Monthly rental amounts seem to be under market with anticipated increase to 7% Cap Rate within +/- 12 months on rent increases. Please contact broker for more details.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,900,000 | Lot Size | 1.86 AC |
| Price Per SF | $2,788.46 | Rentable Building Area | 1,040 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.15% | Year Built/Renovated | 1950/2017 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 9.61/1,000 SF |
| Building Class | B | Clear Ceiling Height | 8’ |
| Zoning | IL | ||
| Price | $2,900,000 |
| Price Per SF | $2,788.46 |
| Sale Type | Investment |
| Cap Rate | 5.15% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.86 AC |
| Rentable Building Area | 1,040 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2017 |
| Tenancy | Single |
| Parking Ratio | 9.61/1,000 SF |
| Clear Ceiling Height | 8’ |
| Zoning | IL |
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 158364-000 | Total Assessment | $1,815,600 |
| Land Assessment | $777,800 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,037,800 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
158364-000
Land Assessment
$777,800
Improvements Assessment
$1,037,800
Total Assessment
$1,815,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Independent Self Storage | 6209 NE 121st Ave
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