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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Office Spaces
2166 25th Ave Hillsboro, OR 97124-5962
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US71-0805592
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
3,440 SF
Lot
1.15 ac (50,094 SF)
Zoning code
I-P
APN
1N229DB-00200
UPID
US71-0805592
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
$1.78M
Blend (final)
Blend
$535k
Owner & transaction history
Premier Jets INC · 9 yrs held
Premier Jets INC
since 2017
7 recorded transactions
Zoning & alternative use
I-P · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I-P zone implements the Industrial Comprehensive Plan designation in the City newer industrial areas, providing opportunities for all types of industrial service, manufacturing, warehouse and wholesale uses, and limited opportunities for convenient service and office commercial uses
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
3,046.84 ac
Source
Realmo
Top alternative use upside
Medical building
$1.1M
+0.3%
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
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
COMMERCIAL (GENERAL)
$1,095,000
Current use
MEDICAL BUILDING
$1,095,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$156 / 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
$14,985
Tax year 2023
Assessed value
$889,430
Assessed 2023
Previous assessed
$863,530
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$691,300
Improvement market value
$901,970
Total market value
$1,593,270
Applied tax rate
7.0000
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
Off-Market
Heating
NONE
Buildings
2
Total area
3,440 SF
Lot
1.15 ac (50,094 SF)
Zoning code
I-P
APN
1N229DB-00200
UPID
US71-0805592
Jurisdiction
WASHINGTON
Zoning & alternative use
I-P · Hillsboro, ORZoning I-P · permitted uses
I-P · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I-P zone implements the Industrial Comprehensive Plan designation in the City newer industrial areas, providing opportunities for all types of industrial service, manufacturing, warehouse and wholesale uses, and limited opportunities for convenient service and office commercial uses
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
3,046.84 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
Heating
NONE
Buildings
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
Premier Jets INC
Entity
Mailing address
PO BOX 928, HILLSBORO, OR 97123-0928
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2017
—
Premier Jets INC
—
Deed
related
$9,500,000 · Old W Cu
Apr 9, 2007
—
Port Of Portland
—
Deed Of Trust
related
$1,070,000 · Columbia Community Bank
—
—
Port Of Portland
—
Deed Of Trust
related
$400,000 · Columbia Community Bank
—
—
Premier Jets INC
—
Loan Modification
related
—
—
—
Premier Jets INC
—
Deed Of Trust
related
$850,000 · Us Bank NA
—
—
Premier Jets INC
—
Deed Of Trust
related
$9,500,000 · Old W Cu
—
—
Premier Jets INC
—
Deed Of Trust
related
$170,000 · Columbia Community 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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