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Financial
Distress signals
Property profile

1400 48th Ave 400 Hillsboro, OR 97124

OFF-MARKET
Warehouses
Property ID
US71-1832823
49,058 SF 2.78 ac lot Built 1994
Last sale Feb 2025 · $7,426,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 49,058-square-foot mixed-use building presents a compelling investment opportunity in Hillsboro, Oregon. Located at 1400 NE 48th Ave, this two-story structure, built in 1994, sits on a 2.78-acre lot within an industrial park zoning district. The property features a blend of office, retail, and light industrial spaces, currently occupied by multiple tenants. The building boasts six grade-level bay doors and two loading docks, providing ample access for loading and unloading. …

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?
$46k
Tax billed · 2023
Assessed value$2.72M
Effective rate1.68%

Value estimate

· Oct 2026
$3.28M
$2.95M – $3.61M
Submarket $/SF estimate$6.41M

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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
Restaurant22.1
Wholesale Shop20.1
Building Supply18.8

Location

1400 48th Ave, Unit 400 Hillsboro, OR 97124-5102
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6501 Croeni, Hillsboro, OR 97124-8506 $10,000,000 Nov 2023 51,967 SF
3085 Brookwood, Hillsboro, OR 97124-5302 $9,200,000 Sep 2022 50,000 SF
3306 83rd, Hillsboro, OR 97124-7136 $33,500,000 Dec 2021 32,200 SF
5500 Moore, Hillsboro, OR 97124-6421 $8,500,000 Aug 2020 67,301 SF
4860 Brookwood, Hillsboro, OR 97124-5343 $4,940,000 Jan 2020 53,037 SF
6020 Century, Hillsboro, OR 97124-8609 $9,750,000 Dec 2019 73,200 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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