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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office Spaces
239 Lincoln St Ste C Hillsboro, OR 97124-3076
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0985918
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1951
Total area
2,531 SF
Lot
0.18 ac (8,000 SF)
Zoning code
SCC-DT
APN
1N231CB-09100
UPID
US71-0985918
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
$610k
Comparable Approach
Comparable
$663k
Blend (final)
Blend
$620k
Owner & transaction history
Jerome C Rogauskas · 3 yrs held
Jerome C Rogauskas
since 2023
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
SCC-DT · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$805,000
+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
$580,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$610,000
7%
$570,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$805,000
Current use
MEDICAL BUILDING
$805,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $600k (Apr 14 2023)
Last sale anchor
$600k
Apr 14 2023
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
$245 / 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
$4,404
Tax year 2023
Assessed value
$261,420
Assessed 2023
Previous assessed
$253,810
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$218,230
Improvement market value
$310,750
Total market value
$528,980
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
Year built
1951
Heating
NONE
Total area
2,531 SF
Lot
0.18 ac (8,000 SF)
Zoning code
SCC-DT
APN
1N231CB-09100
UPID
US71-0985918
Jurisdiction
WASHINGTON
Zoning & alternative use
SCC-DT · Hillsboro, OR
Zoning SCC-DT · permitted uses
SCC-DT · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$805,000
MEDICAL BUILDING
Est. value
$805,000
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
Year built
1951
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Jerome C Rogauskas
Individual
Mailing address
4140 SW HILLSBORO HWY, HILLSBORO, OR 97123-9259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2026
—
Jerome C Rogauskas Revocable
—
Deed
related
$360,000
Apr 14, 2023
$600,000
Jerome C Rogauskas
Windsor Properties Ltd
Warranty Deed
$480,000 · The Sheryl Lynn Dekorte Living Trus
Feb 9, 2012
$239,000
Windsor Properties Ltd
L Gratteri LLC
Warranty Deed
—
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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