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Financial
Distress signals
Property profile

197 Dennis Ave Hillsboro, OR 97123

OFF-MARKET
Other warehouses
Property ID
US71-0486351
12,200 SF 0.98 ac lot
Last sale Mar 2014 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in downtown Hillsboro, one block from TV Highway and within minutes of US 26, and is part of a small industrial park. It is a gated, fenced facility that includes warehouse/light industrial space with potential retail options. The configured space features two large roll-up doors with a 12-foot height clearance, along with an office, a bathroom, and a designated break area. The building has fresh interior and exterior paint, and the site includes 3-phase electrical…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$519k
Effective rate1.68%

Value estimate

· Oct 2026
$485k
$437k – $534k
Submarket $/SF estimate$1.49M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$122 – $248
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-G
The I-G zone implements the Industrial Comprehensive Plan designation primarily near the downtown or at locations on freight routes, prov...
General categoryINDUSTRIAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.2
Carpet & Flooring Store9.1
Veterinary Clinic8.6

Location

197 Dennis Ave Hillsboro, OR 97123-3922
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2705 39th Loop Ste, Hillsboro, OR 97123-8415 $5,250,000 Jul 2023 12,600 SF
5500 Alexander, Hillsboro, OR 97123-8515 $2,750,000 Mar 2021 15,060 SF
729 Adams, Hillsboro, OR 97123 $1,200,000 Apr 2020 20,000 SF
6615 Alexander, Hillsboro, OR 97123-8589 $2,100,000 Aug 2019 19,975 SF
548 2nd, Hillsboro, OR 97123-4460 $550,000 Jul 2019 9,580 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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