Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Office Spaces
14675 Millikan Way Beaverton, OR 97003-2999
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0663078
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2008
Total area
4,608 SF
Lot
0.14 ac (6,098 SF)
Zoning code
OI
APN
1S108DA-00700
UPID
US71-0663078
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
Current use
Occupant on record · Public records
-
Rachel Delavan, Delavan Realty Inc Real Estate Agency
-
ROI Financial Advisors, LLC Financial Advisor
-
Robert Delavan, Delavan Realty Inc Real Estate Agency
-
Niki Alipoor, Delavan Realty Inc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.12M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.59M
Owner & transaction history
Cedar Hills Dentistry For Kidst LLC · 4 yrs held
Cedar Hills Dentistry For Kidst LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
OI · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+16.6%
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
$1,600,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,210,000
6.5%
$1,115,000
7%
$1,035,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,260,000
Current use
MEDICAL BUILDING
$1,470,000
Change: +17% · Conversion: Easy
RETAIL STORES
$1,100,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $1.53M (Jan 10 2020)
Last sale anchor
$1.53M
Jan 10 2020
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
$345 / 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
$18,188
Tax year 2023
Assessed value
$860,640
Assessed 2023
Previous assessed
$835,580
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$166,730
Improvement market value
$1,660,180
Total market value
$1,826,910
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
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2008
Heating
NONE
Total area
4,608 SF
Lot
0.14 ac (6,098 SF)
Zoning code
OI
APN
1S108DA-00700
UPID
US71-0663078
Jurisdiction
WASHINGTON
Zoning & alternative use
OI · Beaverton, OR
Zoning OI · permitted uses
OI · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
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
Year built
2008
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Cedar Hills Dentistry For Kidst LLC
Entity
Mailing address
3075 SE CENTURY BLVD STE #109, HILLSBORO, OR 97123-8187
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
—
Cedar Hills Dentistry For Kidst LLC
Elysium Developers IV LLC
Lease
$836,000 · Ameritrust Cdc
Jan 10, 2020
$1,530,000
Elysium Developers IV LLC
Lmj Enterprises LLC
Warranty Deed
$1,010,450 · Heritage Bank
Oct 15, 2019
—
Mark E Weber
New Idyl Properties LLC
Grant Deed
—
Aug 29, 2017
$200,000
New Idyl Properties LLC
Lmj Ents LLC
Warranty Deed
—
Feb 13, 2017
—
Lmj Ents LLC
—
Deed
related
$900,000 · Washington Tr Bk
—
—
Lmj Ents LLC
—
Deed Of Trust
related
$589,000 · Ccd Business Development
—
—
Lmj Ents LLC
—
Deed Of Trust
related
$900,000 · Washington Tr Bk
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.
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 14675 Millikan Way?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
