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Financial
Distress signals
Property profile

1200 NE 48Th Ave Hillsboro, OR 97124

FOR SALE
Office Spaces
Property ID
US71-0570022
2.14 ac lot
Last sale May 2021 · $7,700,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$310k
Effective rate1.68%

Value estimate

· Oct 2026
$8.18M
$7.36M – $9.00M
NOI build-up
Gross scheduled income$624k
Vacancy & credit loss−$37k
Operating expenses−$235k
NOI · 3.42% cap applied$352k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$318/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$153 – $519

Cap rate analysis

How does the asset earn?
3.42%
$352k 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?
I-P
The I-P zone implements the Industrial Comprehensive Plan designation in the City newer industrial areas, providing opportunities for all...
General categoryINDUSTRIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant20.1
Wholesale Shop20.1
Building Supply18.8

Location

1200 NE 48Th Ave Hillsboro, OR 97124
County assessor Recorded deeds · 3 transfers 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7451 Evergreen, Hillsboro, OR 97124-5830 $720,000 Jun 2025 43,950 SF
6357 Evergreen, Hillsboro, OR 97124-6014 $7,750,000 Oct 2024 39,224 SF
5035 Elam Young Pkwy, Hillsboro, OR 97124-6473 $1,225,000 Aug 2024 8,028 SF
4950 Belknap Ct, Hillsboro, OR 97124-5115 $3,850,000 Jun 2024 17,702 SF
7965 Cherry, Hillsboro, OR 97124-8161 $2,000,000 May 2024 4,896 SF
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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