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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Medical Office Space
18803 Boones Fry Rd 5, Tualatin, OR 97062-8412
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0916496
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
2,596 SF
Lot
0.08 ac (3,519 SF)
Zoning code
CC
APN
2S124BC-90005
UPID
US71-0916496
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
-
Dr. Lisa Yarborough Dental Office
-
Tualatin Pediatric Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.04M
Owner & transaction history
Ridgley Family Trust · 11 yrs held
Ridgley Family Trust
since 2014
6 recorded transactions
Zoning & alternative use
CC · Tualatin, 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 Tualatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tualatin 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
MEDICAL BUILDING
$830,000
Current use
COMMERCIAL (GENERAL)
$720,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$401 / 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
$10,359
Tax year 2023
Assessed value
$589,550
Assessed 2023
Previous assessed
$572,380
+3.0% YoY
Effective rate
1.76%
On assessed value
Improvement market value
$957,190
Total market value
$957,190
Applied tax rate
23.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1987
Heating
NONE
Total area
2,596 SF
Lot
0.08 ac (3,519 SF)
Zoning code
CC
APN
2S124BC-90005
UPID
US71-0916496
Jurisdiction
WASHINGTON
Zoning & alternative use
CC · Tualatin, OR
Zoning CC · permitted uses
CC · Tualatin, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tualatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$720,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
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
1987
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Ridgley Family Trust
Trust
Mailing address
1079 N ALDER ST, CANBY, OR 97013-3372
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Aug 18, 2014
—
Ridgley Family Trust
Ridgley,patricia L & Randall D
Quit Claim Deed
related
—
Oct 24, 1997
$350,000
Ridgley,patricia L & Randall D
Weiss,kurt
Trustees Deed
$575,000 · Money Store Investment Corp
Oct 24, 1997
—
Kurt Weiss
Weiss Enterprises INC Tigard
Quit Claim Deed
related
—
Dec 31, 1991
$12,000
Jeffrey D Fullman
Unknown
Grant Deed
—
—
—
Patricia L Ridgley
—
Deed Of Trust
related
$550,000 · Bank Of The Northwest
—
—
Patricia L Ridgley
—
Deed Of Trust
related
$416,000 · Pacific Continental Bank
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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