Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $6,920,000
    Warehouses

    1400 48th Ave 400, Hillsboro, OR 97124-5102

    49,058 SF 2.78 ac lot Built 1994
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US71-1832823
    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. High ceilings, airy entries, and substantial warehouse space contribute to its functionality. The asking price is $8,000,000, translating to $163.07 per square foot. This property offers a unique blend of uses, making it suitable for a variety of investment strategies. Its prime location across from a Hillsboro Costco further enhances its appeal and potential for strong returns. The building's size and versatile layout provide significant flexibility for future tenants and operational needs. This is a rare opportunity to acquire a substantial, well-located mixed-use property in a thriving Oregon market. The property's features include a total of 49,058 square feet of net rentable space, housed within a single building.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1994
    Total area 49,058 SF
    Lot 2.78 ac (121,097 SF)
    Zoning code I-P
    APN 1N228DD-00300
    UPID US71-1832823
    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
    by Request
    Comparable Approach Comparable
    $6.41M
    Blend (final) Blend
    $6.92M
    Owner & transaction history
    Athey Creek Christian Fellowship · 1 yrs held
    Athey Creek Christian Fellowship
    since 2025
    Last sale
    $7.4M
    7 recorded transactions
    2025
    $7.4M
    2015
    $3.3M
    2010
    2007
    $4.7M
    2002
    $3.0M
    1969
    1969
    Zoning & alternative use
    I-P · Hillsboro, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $11.0M +28.3%
    Apartment house (5+ units) $10.9M +27.5%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1400 48th Ave, Unit 400?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message