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Property profile & analytics
OFF-MARKET
Estimated value
$4,685,000
Warehouses
13940 Tualatin Vly Hwy, Beaverton, OR 97005
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1210206
Property summary
AI-generated overview
This Beaverton industrial warehouse, located on Tualatin Valley Highway between SW Murray Blvd and Highway 217, offers 5,200 square feet of leasable space within a larger 39,658 square foot building. The property is part of the TV Highway Industrial Park, recently updated with fresh exterior paint, new lighting, and a repaved parking lot. The building features cement and cement block construction, high ceilings, and wide clear spans. Suites range from 3,000 to 6,700 square feet and many include interior or adjacent offices. Ample paved parking with assigned spaces is provided for all tenants. Each suite includes one or more roll-up doors, substantial power, good lighting, and ample water. Tenants are responsible for their own electricity, garbage, and gas; HVAC maintenance is handled by the property owner. This Class C, single-story building currently has 3,710 square feet of vacant space. The property is ideal for various uses including auto repair, warehouse, storage, light manufacturing, service, or production.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
40,980 SF
Lot
1.8 ac (78,408 SF)
Zoning code
GC
APN
1S116BD-01200
UPID
US71-1210206
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.81M
Comparable Approach
Comparable
$5.01M
Blend (final)
Blend
$4.69M
Owner & transaction history
Pir Tv Highway LLC · 2 yrs held
Pir Tv Highway LLC
since 2023
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
GC · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Beaverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaverton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,340,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,205,000
6.5%
$4,805,000
7%
$4,460,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,325,000
Current use
Blend value · Realmo final
$4.69M
Range $4.22M – $5.15M · ±10% · vs last sale $4.48M (Oct 13 2023)
Last sale anchor
$4.48M
Oct 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,891
Tax year 2023
Assessed value
$1,367,110
Assessed 2023
Previous assessed
$1,327,300
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$1,302,490
Improvement market value
$1,973,480
Total market value
$3,275,970
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Total area
40,980 SF
Lot
1.8 ac (78,408 SF)
Zoning code
GC
APN
1S116BD-01200
UPID
US71-1210206
Jurisdiction
WASHINGTON
Zoning & alternative use
GC · Beaverton, OR
Zoning GC · permitted uses
GC · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaverton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.3M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
1.8 ac
Current owner
From public records · entity-resolved
Pir Tv Highway LLC
Entity
Mailing address
975 SE SANDY BLVD STE #200, PORTLAND, OR 97214-2296
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
$4,475,000
Pir Tv Highway LLC
Gestring Investment LLC
Special Warranty Deed
$3,967,500 · Willamette Valley Bank
Sep 12, 2018
—
Gestring Investment LLC
Gestring Carl F Trust
Quit Claim Deed
related
$250,000 · Bank Of The West
Oct 9, 2009
—
Gestring Investment LLC
—
Trustees Deed
related
$200,000 · Pacific Continental Bank
Nov 14, 2008
—
Gestring Investment LLC
—
Trustees Deed
related
$200,000 · Pacific Continental Bank
Oct 7, 2004
—
Gestring Investment LLC
—
Trustees Deed
related
$400,000 · Pacific Continental Bank
—
—
Gestring Investment LLC
—
Deed Of Trust
related
$200,000 · Pacific Continental Bank
—
—
Gestring Investment LLC
—
Deed Of Trust
related
$200,000 · Pacific Continental Bank
—
—
Gestring Investment LLC
—
Deed Of Trust
related
$200,000 · Pacific Continental Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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