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Financial
Distress signals
Property profile

495 N Holladay St Cornelius, OR 97113

FOR LEASE
Warehouses
Property ID
US71-1284992
176,755 SF 9.9 ac lot Built 1991
Last sale Jan 1991 · $535,255
Individually Owned Owner of record is an individual. 35-yr Hold Held for 35 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 58,500-square-foot warehouse boasts a prime location on the west side, offering unparalleled access to Highway 26 and proximity to Hillsboro. The property is currently vacant and ready for immediate occupancy by a single tenant. The building features impressive ceiling heights ranging from 25 to 28 feet, providing ample vertical space for storage and operations. Loading and unloading are facilitated by one loading dock and an impressive 21 dock-high doors, ensuring efficient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$90k
Tax billed · 2023
Assessed value$5.20M
Effective rate1.73%

Value estimate

· Oct 2026
$11.75M
$10.57M – $12.92M
CAP approach$20.73M
Submarket $/SF estimate$21.23M
NOI build-up
Gross scheduled income$797k
Vacancy & credit loss−$53k
Operating expenses−$223k
NOI · 1,856.52% cap applied$521k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$174/SF
County average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$120 – $243

Cap rate analysis

How does the asset earn?
1,856.52%
$521k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1
IGHWAY COMMERCIAL ZONE (C-2) (§ 18.45.010 - § 18.45.070) Chapter 18.50 CORE COMMERCIAL-EMPLOYMENT DISTRICT (CE) Chapter 18.54 LIGHT INDUS...
General categoryINDUSTRIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency33.0
Law Firm24.2
Wholesale Shop17.8

Location

495 N Holladay St Cornelius, OR 97113
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1389 Baseline, Cornelius, OR 97113-8920 $1,000,000 Jul 2024 15,683 SF
Cornelius, OR 97113 $1,000,000 Jul 2024 No data
401 26th, Cornelius, OR 97113-8510 $8,707,000 Oct 2019 No data
560 4th, Cornelius, OR 97113-9139 $259,356 Aug 2019 11,064 SF
2220 Lafollett, Cornelius, OR 97113-6033 $200,000 Feb 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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