Property profile

4825 Starr Blvd Hillsboro, OR 97124

OFF-MARKET
Retail properties & Spaces
4,194 SF 3.35 ac lot
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Property summary

AI-generated overview

This exceptional 3.35-acre mixed-use property in Hillsboro, Oregon, presents a rare investment opportunity. Located at 4825 NE Starr Blvd, this site boasts a prime location in the thriving North Hillsboro Industrial District, directly across from a new Amazon delivery center and just three minutes from US 26. The property includes three existing buildings, totaling 4,194 square feet, including the historically recognized Shute-Meierjurgen home and barn, offering versatile potential for adaptive reuse. The land is 100% usable and offers access to all city services. With potential for zoning upgrade to a Commercial Node, this location is ideal for a variety of uses, including hospitality, retail, food service, office space, or even light manufacturing. Surrounded by major employers such as Intel Ronler Acres, Genentech, Hitachi, and numerous other tech firms, this property is situated in the heart of the semiconductor cluster. The asking price is $2,250,000, with a price per square foot of $584.17. The property's Assessed Parcel Number (APN) is R660074. This unique offering presents a compelling opportunity to develop a significant commercial presence in one of Oregon's fastest-growing areas. The property is offered fee simple.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,194 SF
Lot 3.35 ac (145,926 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4825 Starr Blvd Hillsboro, OR 97124
Hillsboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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