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Property profile & analytics
OFF-MARKET
Estimated value
$3,105,000
Medical Office Space
2079 Town Ctr Dr Hillsboro, OR 97006-8938
Individually Owned
Free & Clear
Property ID
US71-1930179
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
6,904 SF
Lot
0.64 ac (27,878 SF)
Zoning code
C-G
APN
1N130CC-01300
UPID
US71-1930179
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.91M
Blend (final)
Blend
$3.11M
Owner & transaction history
Thedore R Rask
Thedore R Rask
since 2025
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
C-G · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-G zone implements the Commercial Comprehensive Plan designation, providing opportunities for all types of retail, service, and office commercial Uses in a variety of locations throughout the City
Zone name
Commercial General
General category
COMMERCIAL
Zone area
830.89 ac
Source
Realmo
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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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
$2,710,000
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
$2,200,000
Current use
RESTAURANT
$2,090,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,890,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.11M
Range $2.79M – $3.42M · ±10% · vs last sale $3.50M (Apr 5 2022)
Last sale anchor
$3.50M
Apr 5 2022
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
$450 / 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
$28,539
Tax year 2023
Assessed value
$1,647,510
Assessed 2023
Previous assessed
$1,599,530
+3.0% YoY
Effective rate
1.73%
On assessed value
Land market value
$892,130
Improvement market value
$964,260
Total market value
$1,856,390
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Heating
NONE
Total area
6,904 SF
Lot
0.64 ac (27,878 SF)
Zoning code
C-G
APN
1N130CC-01300
UPID
US71-1930179
Jurisdiction
WASHINGTON
Zoning & alternative use
C-G · Hillsboro, ORZoning C-G · permitted uses
C-G · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-G zone implements the Commercial Comprehensive Plan designation, providing opportunities for all types of retail, service, and office commercial Uses in a variety of locations throughout the City
Zone name
Commercial General
General category
COMMERCIAL
Zone area
830.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.2M
RESTAURANT
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
MEDICAL BUILDING Current
RESTAURANT
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
1998
Heating
NONE
Lot
0.64 ac
Current owner
From public records · entity-resolved
Thedore R Rask
Individual
Free & Clear · 0 yrs held
Mailing address
2079 NE TOWN CTR DR, BEAVERTON, OR 97006-8938
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2025
—
Thedore R Rask
Tbn Enterprises LLC
Deed
—
Jul 5, 2024
$1,350,000
Tbn Enterprises LLC
Plm Holdings LLC
Warranty Deed
$840,940 · Heritage Southeast Bank
Apr 5, 2022
$3,500,000
J & J Van LLC
Tanasbourne Professional Properties
Warranty Deed
$2,584,000 · Northwest Community Cu
Jan 20, 2022
—
Moody Holdings LLC
Linda L Moody
Deed
related
—
Jun 8, 2020
—
Moody Holdings LLC
Moody 2005 Trust
Quitclaim Deed
related
—
Sep 4, 2003
$1,400,000
Tanasbourne Professional Prope
D & C Properties INC
Grant Deed
$1,000,000 · Us Bank NA
Oct 21, 1998
$260,000
Canyon Furniture INC
Nelson,richard A & Carolyn M
Grant Deed
$802,941 · Key Bank NA
—
—
Tanasbourne Prof Props LLC
—
Loan Modification
related
—
—
—
Canyon Furniture INC
—
Deed Of Trust
related
$62,000 · Centennial Bank
—
—
Tanasbourne Prof Props LLC
—
Deed Of Trust
related
—
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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