Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15755 SW Hillsboro Hwy Hillsboro, OR 97123

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Shop and storage acreage available for lease in Hillsboro.

    Lot size:
    4.00 Acres

    Property Features for 15755 SW Hillsboro Hwy

    General Information

    Standard status
    Active
    Lot size
    4.00 Acres

    We can help!

    Listing Contact
    Steve Barnes
    Source: Corcoran

    Listing Agency: WEICHERT, REALTORS ON MAIN STREET Listing Agent: Steve Barnes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Hillsboro Shop and Storage Acreage

    This property offers shop and storage acreage suitable for a contractor, landscaper, or other uses. It includes a 1,400 square foot shop featuring ten-foot doors, concrete floors, and 220 power. The site provides approximately 4 acres with gravel parking, suitable for equipment and storage of materials such as rock, bark dust, and supplies.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Auto Repair Shop Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Washington
    State
    Oregon
    Longitude
    -122.9437608
    Latitude
    45.4048906

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      AmberGlen

      Workspaces, services and support to help you work better in Miami Airport
      1915 Stucki Ave, Hillsboro, OR 97006
      View Details
    • $1,600 /Mo
      195,793 SF

      Orenco Station Retail/Office Spaces

      Retail and office spaces available in mixed-use neighborhood.
      1030 NE Orenco Station Pkwy, Hillsboro, OR 97124
      View Details
    • Contact for pricing

      Hillsboro Flex/Industrial Business Park

      Flex/industrial buildings in landscaped business park, convenient location.
      2240-2460 NE Griffin Oaks St, Hillsboro, OR 97124
      View Details
    • $16 SF/Yr
      1,865 SF

      Hillsboro Office Space For Lease

      Modern office space in Hillsboro with ample parking.
      3637 NE John Olsen Ave, Hillsboro, OR 97124
      View Details
    • Contact for pricing

      Functional Office Space on TV Hwy

      Newly renovated office space with open layout and highway visibility.
      2820 SE 58Th Ct, Hillsboro, OR 97123
      View Details
    • $26 SF/Yr
      324,326 SF

      Retail Spaces at Orenco Station

      Second-generation retail and service spaces available in Hillsboro's mixed-use neighborhood.
      6523 Northeast Cherry Dr, Hillsboro, OR 97124
      View Details
    • $36 SF/Yr
      9,000 SF

      Retail/Service/Restaurant Space in Hillsboro

      Retail, service, and restaurant spaces available in master-planned community.
      3405 SE Reed Dr, Hillsboro, OR 97123
      View Details
    • Contact for pricing

      Hillsboro Office Space For Rent

      Office space available in Hillsboro, Oregon with full-service gross lease.
      3400 NE John Olsen Ave, Hillsboro, OR 97124
      View Details
    • $8,950 /Mo
      73,992 SF

      Hillsboro Industrial Space Sublease

      Industrial space in Hillsboro, Oregon, ideal for manufacturing tenants.
      5665 NE Wagon Dr, Hillsboro, OR 97124
      View Details
    • $28 SF/Yr
      866 SF

      Hillsboro Retail Space Available Now

      866 SF inline retail space available for lease.
      7325-7373 NE Imbrie Dr, Hillsboro, OR 97124
      View Details
    • $20 SF/Yr
      1,887 SF

      Hillsboro Office Space Available

      Office space for rent in Hillsboro, Oregon.
      3485 NE John Olsen Ave, Hillsboro, OR 97124
      View Details
    • Contact for pricing
      25,461 SF

      Hillsboro Office Space For Rent

      Full floor office space with new buildout and ample light.
      2035 NW Cornelius Pass Rd, Hillsboro, OR 97124
      View Details

    FAQs

    What type of property is this?
    Flex space - Shop and storage acreage available for lease in Hillsboro.
    Where is this flex space located?
    The property is located at 15755 SW Hillsboro Hwy Hillsboro, OR.
    What are key features of this property?
    This property features: - 1400 sq ft shop with ten-foot doors and concrete floors.; - Approximately 4 acres of gravel parking for equipment.; - Storage space for materials (rock, bark dust, supplies).
    (971) 371-3500
    Request Owner's contact information
    15755 SW Hillsboro Hwy Hillsboro, OR 97123
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15755 SW Hillsboro Hwy
    Hillsboro, OR 97123
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15755 SW Hillsboro Hwy Hillsboro, OR 97123
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steve Barnes
    (971) 371-3500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!