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Property profile & analytics
OFF-MARKET
Estimated value
$19,890,000
Office Spaces
2430 John Olsen Ave Ste 200 Hillsboro, OR 97006-6463
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0960185
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1998
Total area
63,920 SF
Lot
3.26 ac (142,006 SF)
Zoning code
UC-OR
APN
1N225CC-01200
UPID
US71-0960185
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
$19.89M
Blend (final)
Blend
$19.89M
Owner & transaction history
Kem Development INC · 4 yrs held
Kem Development INC
since 2022
7 recorded transactions
Zoning & alternative use
UC-OR · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$20.4M
+16.6%
Restaurant
$19.4M
+10.7%
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
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
COMMERCIAL (GENERAL)
$17,480,000
Current use
MEDICAL BUILDING
$20,380,000
Change: +17% · Conversion: Easy
RESTAURANT
$19,350,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$15,260,000
Change: -13% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$14,250,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$19.89M
Range $17.90M – $21.88M · ±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
$311 / 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
$149,034
Tax year 2023
Assessed value
$8,846,010
Assessed 2023
Previous assessed
$565,800
+1,463.5% YoY
Effective rate
1.68%
On assessed value
Land market value
$3,144,440
Improvement market value
$5,701,570
Total market value
$8,846,010
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1998
Heating
NONE
Total area
63,920 SF
Lot
3.26 ac (142,006 SF)
Zoning code
UC-OR
APN
1N225CC-01200
UPID
US71-0960185
Jurisdiction
WASHINGTON
Zoning & alternative use
UC-OR · Hillsboro, OR
Zoning UC-OR · permitted uses
UC-OR · 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
$17.5M
MEDICAL BUILDING
Est. value
$20.4M
RESTAURANT
Est. value
$19.4M
RETAIL STORES
Est. value
$15.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1998
Heating
NONE
Lot
3.26 ac
Current owner
From public records · entity-resolved
Kem Development INC
Entity
Mailing address
520 SW 6TH AVE STE #610, PORTLAND, OR 97204-1516
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2022
—
Kem Development INC
Kem Development Lnc
Bargain And Sale Deed
$522,400 · Civic Financial Services LLC
Nov 3, 2021
—
Tuesdae Vo
—
Deed
related
$350,000 · Rivermark Community Cu
May 2, 2017
—
Cio Amberglen LLC
Amberglen Properties LP
Quit Claim Deed
related
$20,000,000 · Barclays Bk/plc
Dec 11, 2009
$27,000,000
Amberglen Properties
Cb Nw Compton Drive Hillsboro
Grant Deed
$18,900,000 · Symetra Life Insurance Co
Oct 23, 2009
$27,000
Cb Nw Compton Drive Hillsboro
Solomon Andrew H
Trustees Deed
—
Oct 21, 2009
$27,000,000
1600 Nw Compton Drive Hil Cb
Solomon Andrew H
Trustees Deed
—
Apr 30, 2007
$67,923,000
Equastone Amberglen LLC
Amberglen Associates LLC
Grant Deed
related
$61,036,495 · Capmark Bank
Aug 18, 2005
$52,171,067
Amberglen Associates LLC
Amberglen LLC
Grant Deed
related
$51,250,000 · General Electric Capital Corp
Nov 15, 2004
$114,560,000
Amberglen LLC
Amberjack Ltd
Grant Deed
related
—
—
—
Amberglen Properties LP
—
Deed Of Trust
related
$25,400,000 · American General Life Ins
—
—
Amberglen Properties LP
—
Deed Of Trust
related
$23,500,000 · Rait Partnership LP
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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