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    Property profile & analytics

    2401 Cornell Rd Ste Z Hillsboro, OR 97124-5979

    • Retail space
    • 3,805 SF
    • 3.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 11, 2023
    Location Intelligence
    Property ID
    US71-0768171
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 2401 Cornell Rd Ste Z

    Year built
    1987
    Lot size
    3.25 lot acres
    Property size
    3,805 SF
    Zone code
    C-G
    Property type
    Retail space
    APN
    1N232AB-00500
    APU
    1N232AB00500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Washington
    State
    Oregon
    Longitude
    -122.958
    Latitude
    45.5312
    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
    $97,473
    $0.00
    $0.00
    $5,785,590
    -
    $3,144,940
    $13,792,210
    $16,937,150

    Comparable in this City

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      175,720 SF

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    • Value Estimation by Request
      13,755 SF

      153 43rd Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,755 SF
      153 43rd Ave, Hillsboro, OR 97124-7539
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    • Value Estimation by Request
      13,400 SF

      1415 61st Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,400 SF
      1415 61st Ave, Hillsboro, OR 97124-5117
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    • Value Estimation by Request
      2,000 SF

      7800 Walker Rd, Unit 200

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      7800 Walker Rd, Hillsboro, OR 97124-7826
      View Details
    • Value Estimation by Request
      3,740 SF

      1853 Cornell Rd Ste C

      RETAIL STORES (PERSONAL SERVICES) • 3,740 SF
      1853 Cornell Rd Ste C, Hillsboro, OR 97124-2861
      View Details
    • Value Estimation by Request
      2,339 SF

      6221 Cornell Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,339 SF
      6221 Cornell Rd, Hillsboro, OR 97124-9074
      View Details

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    Hillsboro, OR 97124-5979
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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