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Property profile & analytics
FOR LEASE
Office Spaces
1905 NW 169Th Pl Beaverton, OR 97006
Entity Owned
2-yr Hold
Free & Clear
Property ID
US71-0873537
For Lease
1 / 10
$26 SF/Yr
1905 NW 169Th Pl, Beaverton, OR 97006
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1985
Total area
18,846 SF
Lot
1.07 ac (46,609 SF)
Zoning code
OI
APN
1N131AB-00700
UPID
US71-0873537
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
-
Corbin Consulting Engineers, Inc. Engineering Consultant
-
The Summit Financial Strategies Inc Financial Advisor
-
Pinnacle Tax Consultant
-
David Weekley Homes Portland Division Office Construction Company General Contractor
-
Dethloff & Associates Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.30M
CAP Approach
CAP
$4.56M
Comparable Approach
Comparable
$5.12M
Blend (final)
Blend
$4.30M
Owner & transaction history
Weekley Homes LLC · 2 yrs held
Weekley Homes LLC
since 2024
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
OI · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.0M
+16.6%
Restaurant
$5.7M
+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
$4,300,000
ML approach
$4,300,000
CAP Approach
CAP Return
Estimation
6%
$4,940,000
6.5%
$4,560,000
7%
$4,235,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,155,000
Current use
MEDICAL BUILDING
$6,010,000
Change: +17% · Conversion: Easy
RESTAURANT
$5,705,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$4,500,000
Change: -13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,200,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$4.30M
Range $3.87M – $4.73M · ±10% · vs last sale $4.30M (May 17 2024)
Last sale anchor
$4.30M
May 17 2024
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
$228 / 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
$48,115
Tax year 2023
Assessed value
$2,276,790
Assessed 2023
Previous assessed
$2,276,790
+0.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$876,550
Improvement market value
$2,040,060
Total market value
$2,916,610
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
For Lease
Year built
1985
Heating
NONE
Total area
18,846 SF
Lot
1.07 ac (46,609 SF)
Zoning code
OI
APN
1N131AB-00700
UPID
US71-0873537
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
$5.2M
MEDICAL BUILDING
Est. value
$6.0M
RESTAURANT
Est. value
$5.7M
RETAIL STORES
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
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
Year built
1985
Heating
NONE
Lot
1.07 ac
Current owner
From public records · entity-resolved
Weekley Homes LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1905 NW 169TH PL STE #210, BEAVERTON, OR 97006-7303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2024
$4,300,000
Weekley Homes LLC
Venture Properties INC
Special Warranty Deed
—
Dec 15, 2020
$743,704
Gregory M Rutenberg
Weekley Homes LLC
Warranty Deed
—
Dec 8, 2020
$3,236
Weekley Homes LLC
Glc South Hillsboro LLC
Warranty Deed
—
May 15, 2018
—
Allstrat LLC
—
Deed
related
$1,500,000 · Us Bank NA
Feb 16, 1993
$1,000,000
B B & S Development Co
Unknown
Grant Deed
—
Oct 19, 1992
$55,000
Harry P Goldsmith
Mcminn,donna
Grant Deed
$45,000 · Mcminn Donna
Apr 23, 1992
$120,456
Beacon Hms INC
Wilcox,virginia
Grant Deed
$85,456 · Wilcos Virginia I
—
—
Beacon Hms INC
—
Deed Of Trust
related
$120,800 · Us Bancorp Mortgage Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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