New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,325,000
Industrial properties
23050 Nww Un Rd, Hillsboro, OR 97124-8526
Entity Owned
Free & Clear
Property ID
US71-0393280
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Construction
WOOD FRAME
Total area
7,234 SF
Lot
6.28 ac (273,557 SF)
Zoning code
HSID
APN
1N21500-00200
UPID
US71-0393280
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
by Request
Blend (final)
Blend
$9.33M
Owner & transaction history
Portland General Electric Company
Portland General Electric Company
since 2026
Last sale
$9.3M
6 recorded transactions
Zoning & alternative use
HSID · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$1,289 / 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
$99
Tax year 2023
Assessed value
$5,850
Assessed 2023
Previous assessed
$587,310
-99.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$2,923,620
Total market value
$2,923,620
Applied tax rate
1.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
HEAT PUMP
Bathrooms
4
Total area
7,234 SF
Lot
6.28 ac (273,557 SF)
Zoning code
HSID
APN
1N21500-00200
UPID
US71-0393280
Jurisdiction
WASHINGTON
Zoning & alternative use
HSID · Hillsboro, OR
Zoning HSID · permitted uses
HSID · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD FRAME
Heating
HEAT PUMP
Bathrooms
4
Lot
6.28 ac
Current owner
From public records · entity-resolved
Portland General Electric Company
Entity
Free & Clear · 0 yrs held
Mailing address
23050 NWW UN RD, HILLSBORO, OR 97124-8526
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
$9,326,000
Portland General Electric Company
Lawrence And Patricia Kilgore Fmtr
Special Warranty Deed
—
Aug 9, 2016
—
Kilgore,lawrence & Patricia Trust
—
Deed
related
$938,250 · American Advisors
—
—
Lawrence L Kilgore
—
Deed Of Trust
related
$377,500 · Directors Mortgage
—
—
Kilgore,lawrence & Patricia Trust
—
Deed Of Trust
related
$938,250 · American Advisors
—
—
Kilgore,lawrence & Patricia Trust
—
Deed Of Trust
related
$1 · Hud-housing/urban Dev
—
—
Lawrence L Kilgore
—
Deed Of Trust
related
$250,000 · Key Bank NA
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?”
You own 23050 Nww Un Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
