Property profile

10398 Herman Rd Tualatin, OR 97062

OFF-MARKET
Warehouses
Property ID
US71-0511150
21,230 SF 1.16 ac lot
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 21,230 SF
Lot 1.16 ac (50,530 SF)
Zoning code MG
APN 2S123BC-01200
UPID US71-0511150

Cap rate & NOI

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

Location

10398 Herman Rd Tualatin, OR 97062-8381
Tualatin metro Census 32003 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.15M
Blend (final) Blend
$3.17M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
$3.1M
2013
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MG · Tualatin, OR
Zoning description

allows flexibility in the uses permitted for selected General Manufacturing (MG) District areas. Further, the purpose of this district is to allow selected retail and service uses that are supportive of and secondary to…

General category INDUSTRIAL
Top alternative use upside
Medical building $6.8M +82.9%
Restaurant $6.4M +73.7%
Commercial (general) $5.9M +59.0%

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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