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    2294 Thorncroft Dr Hillsboro, OR 97124-9059
    Property profile & analytics

    2294 Thorncroft Dr, Hillsboro, OR 97124-9059

    View on Map

    • Apartment buildings
    • 373,552 SF
    • 13.19 lot acres
    Off-Market
    Property ID
    US71-0624755
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2294 Thorncroft Dr

    Lot size
    13.19 lot acres
    Zone code
    MFR-3
    Property type
    Apartment buildings
    APN
    1N225DC-01600
    APU
    1N225DC01600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 14, 2018 — Mg Thorncroft Farms Apartments — Deed · related $56.3M · Cbre Multifamily Cap
    Feb 1, 2018 $97,500,000 Mg Thorncroft Farms Apartments Bvf-iii Thorncroft LLC Grant Deed $56.3M · Cbre Multifamily Cap
    May 4, 2017 — Bvf-iii Thorncroft LLC — Deed · related $10.7M · Keybank USA
    Jan 23, 2014 $58,000,000 Bvf-iii Thorncroft LLC Ch Realty IV/thorncroft LLC Special Warranty Deed $39.6M · Key Bank NA
    Oct 26, 2006 $42,550,000 Ch Realty IV Of Thorncroft LLC Tanasbourne Cornell LLC Grant Deed —
    — — Ch Realty IV Of Thorncroft LLC — Deed Of Trust · related $30.3M · Principal Life Insurance Co
    — — Bvf-iii Thorncroft LLC — Deed Of Trust · related $10.7M · Keybank USA
    — — Mg Thorncroft Farms Apartments — Deed Of Trust · related $56.3M · Cbre Multifamily Cap

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $90,944,000
      Market price range: $66.4M - $169M
      AI Estimate
      $90,944,000
      Market price range: $66.4M - $169M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $83,280,000
      Current use
      MEDICAL BUILDING
      $119,105,000
      Change: +43% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $118,735,000
      Change: +43% Conversion: Moderate
      RESTAURANT
      $113,080,000
      Change: +36% Conversion: Difficult
      RETAIL STORES
      $89,175,000
      Change: +7% Conversion: Difficult
      WAREHOUSE, STORAGE
      $66,765,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Washington
    State
    Oregon
    Longitude
    -122.875
    Latitude
    45.5368
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $593,784
    $0.00
    $0.00
    $32,932,400
    -
    $8,500,000
    $116,921,970
    $125,421,970
    More about this property
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