Property profile

12111 Herman Rd Tualatin, OR 97062

OFF-MARKET
Warehouses
Property ID
US71-0066793
38,390 SF 5.78 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 38,390 SF
Lot 5.78 ac (251,777 SF)
Zoning code MG
APN 2S122C0-00604
UPID US71-0066793

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • (Bike/Boat/Book/etc) Store Printing Service
  • Marketing & Advertising Printing Service
  • Consultant
  • Factory Production Facility

Location

12111 Herman Rd Tualatin, OR 97062-8083
Tualatin metro Census 32001 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
$6.72M
Blend (final) Blend
$2.54M

Owner & transaction history

since 2019
6 recorded transactions
2020
Price N/A
2019
Price N/A
2004
$2.6M
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
Commercial (general) $10.6M +59.0%
Retail stores $8.6M +28.3%
Apartment house (5+ units) $8.5M +27.5%

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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