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Property profile & analytics
OFF-MARKET
Strip malls
15151 Barrows Rd Beaverton, OR 97007-7568
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0988596
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
162,947 SF
Lot
14.45 ac (629,442 SF)
Zoning code
TC-MU
APN
2S105AA-02301
UPID
US71-0988596
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
-
The Growlerie Bar & Pub
-
La Provence Boulangerie & Patisserie Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ds Progress Ridge LLC · 9 yrs held
Ds Progress Ridge LLC
since 2016
5 recorded transactions
Zoning & alternative use
TC-MU · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$998,362
Tax year 2023
Assessed value
$47,242,290
Assessed 2023
Previous assessed
$45,866,310
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$15,805,290
Improvement market value
$82,241,370
Total market value
$98,046,660
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Buildings
2
Total area
162,947 SF
Lot
14.45 ac (629,442 SF)
Zoning code
TC-MU
APN
2S105AA-02301
UPID
US71-0988596
Jurisdiction
WASHINGTON
Zoning & alternative use
TC-MU · Beaverton, OR
Zoning TC-MU · permitted uses
TC-MU · 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.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
14.45 ac
Current owner
From public records · entity-resolved
Ds Progress Ridge LLC
Entity
Mailing address
325 W WASHINGTON ST #2148, SAN DIEGO, CA 92103-1946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2016
$95,197,650
Ds Progress Ridge LLC
Progress Ridge Ts LLC
Grant Deed
$38,924,449 · Miscellaneous Ins Co
Aug 19, 2016
—
Gramor Progress Ridge Ts LLC
Progress Ridge Ts LLC
Quit Claim Deed
—
Sep 29, 2010
—
Progress Ridge Ts LLC
Progress Quarry LLC
Quit Claim Deed
—
Sep 29, 2010
$4,500,000
Progress Ridge Ts LLC
Progress Quarry LLC
Special Warranty Deed
related
$45,427,500 · Us Bank NA
—
—
Progress Ridge Ts LLC
—
Deed Of Trust
related
$42,000,000 · Lincoln National Life Ins
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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