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Property profile & analytics
OFF-MARKET
Estimated value
$67,755,000
Apartment buildings
15298 Teal Blvd F, Beaverton, OR 97007-8147
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0564908
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1989
Construction
WOOD FRAME
Total area
227,772 SF
Lot
17.32 ac (754,459 SF)
Zoning code
R5
APN
1S13200-00400
UPID
US71-0564908
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
$67.76M
Blend (final)
Blend
$67.76M
Owner & transaction history
Prime Teal LLC · 7 yrs held
Prime Teal LLC
since 2018
7 recorded transactions
Zoning & alternative use
R5 · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$72.6M
+43.0%
Restaurant
$69.0M
+35.8%
Commercial (general)
$62.3M
+22.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$50,780,000
Current use
MEDICAL BUILDING
$72,625,000
Change: +43% · Conversion: Moderate
RESTAURANT
$68,950,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$62,290,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$54,375,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$40,710,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$67.76M
Range $60.98M – $74.53M · ±10%
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
$297 / 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
$518,510
Tax year 2023
Assessed value
$24,535,810
Assessed 2023
Previous assessed
$23,821,180
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$6,000,000
Improvement market value
$94,619,330
Total market value
$100,619,330
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD FRAME
Heating
FORCED AIR
Bathrooms
2
Total area
227,772 SF
Lot
17.32 ac (754,459 SF)
Zoning code
R5
APN
1S13200-00400
UPID
US71-0564908
Jurisdiction
WASHINGTON
Zoning & alternative use
R5 · Beaverton, OR
Zoning R5 · permitted uses
R5 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$50.8M
MEDICAL BUILDING
Est. value
$72.6M
RESTAURANT
Est. value
$69.0M
COMMERCIAL (GENERAL)
Est. value
$62.3M
RETAIL STORES
Est. value
$54.4M
WAREHOUSE, STORAGE
Est. value
$40.7M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1989
Construction
WOOD FRAME
Heating
FORCED AIR
Bathrooms
2
Lot
17.32 ac
Current owner
From public records · entity-resolved
Prime Teal LLC
Entity
Mailing address
600 MONTGOMERY ST STE #1700, SAN FRANCISCO, CA 94111-2719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2018
$58,000,000
Prime Teal LLC
Andover Park Beaverton LLC
Grant Deed
$37,830,000 · Newmark K Frank
Nov 2, 2017
—
Andover Park Beaverton LLC
—
Deed
related
$37,000,000 · Cbre Cap Markets
Jun 30, 2015
$45,250,000
Andover Park Beaverton LLC
United Dominion Realty LP
Grant Deed
$32,267,000 · Cbre Cap Markets
Mar 31, 2009
—
United Dominion Realty
—
Deed Of Trust
related
$500,000,000 · Pnc Arcs LLC
Sep 30, 2004
$18,250,000
Udr Andover Park Apartments II
Essex Andover Park Apartments
Grant Deed
—
Nov 24, 1998
—
Terrence P Bean
—
Deed Of Trust
related
$3,780,000 · M & T Real Estate INC
—
—
Essex Andover Park Apartments
—
Deed Of Trust
related
$12,525,000 · Prudential Multifamily Mtg INC
—
—
United Dominion Realty LP
—
Loan Modification
related
$411,196,000 · Federal National Mortgage Assn
—
—
Andover Park Beaverton LLC
—
Deed Of Trust
related
$37,000,000 · Cbre Cap Markets
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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