Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18676 Boones Fry Rd Tualatin, OR 97062-8435

    • Apartment buildings
    • 64,212 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimations
    $14,235,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0932290
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pin My Travels / Travel Agency
    • PARKING Go To The Zone Wellness / Gym & Fitness Center / Alternative Medicine Practice
    • Go to the Zone Wellness / Medical Clinic / Alternative Medicine Practice
    • Christopher Litwin / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 18676 Boones Fry Rd

    Year built
    1997
    Lot size
    0.78 lot acres
    Property size
    64,212 SF
    Zone code
    CC
    Property type
    Apartment buildings
    APN
    2S124BC-06500
    APU
    2S124BC06500

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,234,000
      Market price range: $11.1M - $29.0M
      AI Estimate
      $14,234,000
      Market price range: $11.1M - $29.0M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $14,270,000
      Current use
      MEDICAL BUILDING
      $20,475,000
      Change: +43% Conversion: Moderate
      RESTAURANT
      $19,440,000
      Change: +36% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $17,795,000
      Change: +25% Conversion: Moderate
      RETAIL STORES
      $14,365,000
      Change: +1% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tualatin
    County
    Washington
    State
    Oregon
    Longitude
    -122.761
    Latitude
    45.3839
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $89,212
    $0.00
    $0.00
    $5,077,010
    -
    $1,249,920
    $13,031,810
    $14,281,730

    Comparable in this City

    • Value Estimation by Request
      4.88 Acres

      19705 Boones Fry Rd, Unit 99

      APARTMENT HOUSE (100+ UNITS) • 4.88 Acres
      19705 Boones Fry Rd, Tualatin, OR 97062-9452
      View Details
    • Value Estimation
      $35,820,000
      162,812 SF

      7800 Sagert St, Unit 99

      APARTMENT HOUSE (100+ UNITS) • 162,812 SF
      7800 Sagert St, Tualatin, OR 97062-9234
      View Details
    • Value Estimation by Request
      8.00 Acres

      8325 Mohawk St, Unit 285

      APARTMENT HOUSE (100+ UNITS) • 8.00 Acres
      8325 Mohawk St, Tualatin, OR 97062-9155
      View Details
    • Value Estimation by Request
      2.93 Acres

      19355 65th Ave, Unit H2

      APARTMENT HOUSE (100+ UNITS) • 2.93 Acres
      19355 65th Ave, Tualatin, OR 97062-8105
      View Details
    • Value Estimation by Request
      0.80 Acres

      18880 84th Avest6

      APARTMENT HOUSE (5+ UNITS) • 0.80 Acres
      18880 84th Avest6, Tualatin, OR 97062-9484
      View Details
    • Value Estimation by Request
      18.00 Acres

      6995 Nyberg St, Unit X306

      APARTMENT HOUSE (100+ UNITS) • 18.00 Acres
      6995 Nyberg St, Tualatin, OR 97062-8339
      View Details

    Similar Nearby for Sale

    • $339,000

      Updated Condo with Serene Lakeview

      Move-in ready condo with modern updates, lake view, and great amenities.
      7165 SW Sagert St, Tualatin, OR 97062
      View Details
    • $483,400

      New Construction Duplex in Tualatin

      New construction duplex in a community with many amenities.
      23828 SW Black Tortoise Ter, Tualatin, OR 97062
      View Details
    • $119,900

      Tualatin Home in 55+ Community

      Open floor plan in a desirable 55+ Tualatin community.
      18485 SW Pacific Dr, Tualatin, OR 97062
      View Details
    • $585,000
      1,648 SF

      Tualatin Duplex: Turnkey Investment

      Well-maintained Tualatin duplex with long-term tenants and recent upgrades.
      19787 SW 67Th Ave, Tualatin, OR 97062
      View Details
    • $639,500
      2,058 SF

      Tualatin Duplex: Income Opportunity

      Income-producing duplex in Tualatin with recent updates and great location.
      19778 SW 68Th Ave, Tualatin, OR 97062
      View Details
    • $1,500,000
      17,413 SF

      Versatile Stafford Property with Shop

      Unique property featuring residences, shop, and MAE zoning.
      6715 SW Norse Hall Rd, Tualatin, OR 97062
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,000 SF

      12205 Tualatin Rd

      Restaurants • 13,000 SF
      12205 Tualatin Rd, Tualatin, OR 97062
      View Details
    • Contact for pricing
      3,300 SF

      Oak Tree Warehouse: Tualatin, OR

      3,300 SF Warehouse, Excellent Location
      19450 Mohave Ct, Tualatin, OR 97062
      View Details
    • $26 SF/Yr
      1,286 SF

      Tualatin Office Space Available

      Office space available for lease in Tualatin, Oregon.
      18840 SW Boones Ferry Rd, Tualatin, OR 97062
      View Details
    • Contact for pricing
      39,846 SF

      Tualatin Industrial Space for Lease

      39,846 SF industrial space with two-story office available for lease.
      18555 SW Teton Ave, Tualatin, OR 97062
      View Details
    • $18 SF/Yr
      4,161 SF

      Modern Tualatin Office Space Available

      Modern two-floor office space with open atrium and abundant parking.
      10810-10840 SW Tualatin Sherwood Rd, Tualatin, OR 97062
      View Details
    • $1.70 SF/Yr
      12,900 SF

      Tualatin Warehouse with Yard Space

      Warehouse with updated fixtures, heavy power, and yard space.
      19730 SW Cipole Rd, Tualatin, OR 97062
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18676 Boones Fry Rd
    Tualatin, OR 97062-8435
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.