New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Medical Office Space
2375 Cedar Hls Blvd, Beaverton, OR 97005
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0684721
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
5,078 SF
Lot
0.25 ac (10,890 SF)
Zoning code
GC
APN
1S110BB-10300
UPID
US71-0684721
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
$1.21M
Blend (final)
Blend
$1.22M
Owner & transaction history
Elysium Developers II LLC · 9 yrs held
Elysium Developers II LLC
since 2016
7 recorded transactions
Zoning & alternative use
GC · Beaverton, 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 Beaverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaverton 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
MEDICAL BUILDING
$1,620,000
Current use
RESTAURANT
$1,535,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$239 / 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
$9,851
Tax year 2023
Assessed value
$466,140
Assessed 2023
Previous assessed
$452,570
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$337,150
Improvement market value
$639,330
Total market value
$976,480
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
1973
Heating
NONE
Total area
5,078 SF
Lot
0.25 ac (10,890 SF)
Zoning code
GC
APN
1S110BB-10300
UPID
US71-0684721
Jurisdiction
WASHINGTON
Zoning & alternative use
GC · Beaverton, OR
Zoning GC · permitted uses
GC · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaverton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.6M
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING Current
RESTAURANT
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
1973
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Elysium Developers II LLC
Entity
Mailing address
3075 SE CENTURY BLVD STE #109, HILLSBORO, OR 97123-8187
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Aug 17, 2017
—
Elysium Developers II LLC
—
Deed
related
$700,066 · Premier Cmnty Bk
Jun 2, 2017
—
Elysium Developers II LLC
—
Deed
related
$575,000 · Evergreen Busn Cap
Apr 24, 2017
—
Elysium Developers II LLC
—
Deed
related
$700,066 · Premier Cmnty Bk
Oct 14, 2016
$1,145,000
Elysium Developers II LLC
Jeffery J Egger
Warranty Deed
$1,260,118 · Premier Community Bank
Aug 1, 2008
$800,000
Jeffery J Egger
Arndt Eleanor A Trust
Warranty Deed
$725,000 · Pacific Continental Bank
Jan 30, 2006
—
Arndt Eleanor A Trust
Arndt,eleanor A
Quit Claim Deed
related
—
May 3, 1993
$475,000
Eleanor A Arndt
Unknown
Grant Deed
—
—
—
Elysium Developers II LLC
—
Loan Modification
related
$700,066 · Premier Cmnty Bk
—
—
Elysium Developers II LLC
—
Deed Of Trust
related
$575,000 · Evergreen Busn Cap
—
—
Elysium Developers II LLC
—
Loan Modification
related
$700,066 · Premier Cmnty Bk
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 2375 Cedar Hls Blvd?
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.
