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Property profile & analytics
OFF-MARKET
Estimated value
$7,940,000
Office Spaces
1815 169th Pl Ste 4060, Beaverton, OR 97006-7311
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0829576
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
34,250 SF
Lot
2.57 ac (111,949 SF)
Zoning code
OI
APN
1N131AB-00400
UPID
US71-0829576
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
-
Phar Merica Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.94M
Blend (final)
Blend
$7.94M
Owner & transaction history
Craggenmore Properties LLC · 8 yrs held
Craggenmore Properties LLC
since 2017
6 recorded transactions
Zoning & alternative use
OI · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.9M
+16.6%
Restaurant
$10.4M
+10.7%
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
COMMERCIAL (GENERAL)
$9,365,000
Current use
MEDICAL BUILDING
$10,920,000
Change: +17% · Conversion: Easy
RESTAURANT
$10,370,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$8,175,000
Change: -13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$7,635,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$7.94M
Range $7.15M – $8.73M · ±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
$232 / 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
$74,633
Tax year 2023
Assessed value
$3,531,610
Assessed 2023
Previous assessed
$3,428,750
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$1,754,820
Improvement market value
$4,545,190
Total market value
$6,300,010
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Total area
34,250 SF
Lot
2.57 ac (111,949 SF)
Zoning code
OI
APN
1N131AB-00400
UPID
US71-0829576
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
$9.4M
MEDICAL BUILDING
Est. value
$10.9M
RESTAURANT
Est. value
$10.4M
RETAIL STORES
Est. value
$8.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
Heating
NONE
Lot
2.57 ac
Current owner
From public records · entity-resolved
Craggenmore Properties LLC
Entity
Mailing address
6600 SW 105TH AVE STE #175, BEAVERTON, OR 97008-8834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2020
—
Sage Built Homes LLC
—
Deed Of Trust
related
$2,784,000 · Community Fin'l Corp
Oct 6, 2017
$2,395,000
Craggenmore Properties LLC
Apx Park Twenty-six LLC
Warranty Deed
$1,916,000 · Us Bk
Sep 29, 2016
$13,164,000
Pnwp LLC 5
Twin Oaks Technology Center Ll
Trustees Deed
$9,500,000 · Jp Morgan Chase Bk
Sep 29, 2016
$3,986,000
Apx Park Twenty-six LLC
Twin Oaks Technology Center Ll
Grant Deed
—
Aug 6, 2004
—
Twin Oaks Technology Center Ll
Api Of Pichon Viii LLC
Grant Deed
$7,200,000 · Wachovia Bank NA
Dec 14, 1995
$6,279,770
Bedford Property Investors INC
Landscaping Pacific Fund INC
Grant Deed
—
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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