Investment Overview This is a straightforward land-value play in an established, rental-heavy Vancouver neighborhood. The opportunity is in the zoning — R-18 High Density Residential (City of Vancouver) — on a clean, level, regularly shaped 0.25-acre (10,890 SF) infill lot measuring approximately 75' wide by 150' deep. At 18 units per acre, the site's density allowance supports an estimated 4-unit development. Buyer to independently verify all unit counts, setbacks, height limits, parking requirements, and utility capacity with the City of Vancouver Planning & Development Department. Site Characteristics Lot Size: 10,890 SF (0.25 acres) Dimensions: Approximately 75' x 150' Topography: Level Shape: Regular / Rectangular Zoning: R-18, High Density Residential — City of Vancouver, WA Allowable Density: Up to 18 units/acre (buyer to verify) Estimated Buildable Units: ~4 (buyer to verify with City) Existing Improvements: 1BD/1BA, 696 SF single-level structure (1940) + detached shed — both considered fixer or tear-down; value is in land and zoning only Utilities: Buyer to verify availability, capacity, and connection requirements with respective utility providers Location & Market Context Located in Vancouver's Harney Heights neighborhood, the site sits within an established residential corridor with strong rental demand and proximity to downtown Vancouver, I-5, and the Portland Metro employment base. The surrounding neighborhood is rental-heavy, supporting the multifamily development thesis. Vancouver continues to attract investor and builder activity due to Washington's lack of state income tax, lower land costs relative to Portland, and sustained population growth in Clark County. Zoning Reference R-18 is classified under the City of Vancouver's High Density Residential Districts (VMC 20.420). Development standards governing setbacks, height, lot coverage, parking, and utility requirements are established under Vancouver Municipal Code Title 20. Buyer and buyer's development team are strongly encouraged to conduct a pre-application conference with the City of Vancouver Community Development Department prior to closing to confirm development feasibility, permitting pathway, and timeline. City of Vancouver Community Development: cityofvancouver.us/communitydevelopment Pre-Application Conference Requests: Available through the City's Permit Center Sale Terms & Conditions Property is offered for sale AS-IS, WHERE-IS, with no warranties or representations expressed or implied by seller or listing broker regarding condition, development potential, environmental status, utility capacity, zoning compliance of existing structures, or any other matter. This is an estate sale. Seller will make no repairs, provide no credits, and will not participate in any remediation or improvement of the property prior to or following closing. Buyer is solely responsible for all due diligence, including but not limited to: Verification of zoning classification and allowable uses Buildable unit count and density calculations Setback, height, and lot coverage requirements Utility availability, capacity, and connection fees Environmental and geotechnical assessment Permitting feasibility and timeline Title review and survey Offers should be written AS-IS with no inspection contingency for repairs. Seller reserves the right to accept, reject, or counter any offer at their sole discretion. Listing Broker David Merrick, CRS, CLHMS Cascade Hasson Sotheby's International Realty Licensed in Oregon & Washington (360) 947-1625 davidmerrickrealestate.com All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer and buyer's representatives. Listing broker makes no representations regarding development potential, zoning, or buildability.