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Property profile & analytics
OFF-MARKET
Estimated value
$4,435,000
Industrial properties
28380 Stone Rd Boring, OR 97009-9415
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0829499
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1962
Total area
2,300 SF
Lot
3.1 ac (135,036 SF)
Zoning code
RRFF5
APN
14E30B 01800
UPID
US71-0829499
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
$4.43M
Blend (final)
Blend
$4.44M
Owner & transaction history
Parker Hamilton Corporation · 1 yrs held
Parker Hamilton Corporation
since 2024
7 recorded transactions
Zoning & alternative use
RRFF5 · Boring, 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 Boring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boring 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
Blend value · Realmo final
$4.44M
Range $3.99M – $4.88M · ±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
$1,928 / 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
$19,954
Tax year 2023
Assessed value
$1,255,692
Assessed 2023
Previous assessed
$1,255,692
+0.0% YoY
Effective rate
1.59%
On assessed value
Land market value
$1,474,421
Improvement market value
$2,056,110
Total market value
$3,530,531
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1962
Heating
NONE
Total area
2,300 SF
Lot
3.1 ac (135,036 SF)
Zoning code
RRFF5
APN
14E30B 01800
UPID
US71-0829499
Jurisdiction
CLACKAMAS
Zoning & alternative use
RRFF5 · Boring, OR
Zoning RRFF5 · permitted uses
RRFF5 · Boring, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boring. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Lot
3.1 ac
Current owner
From public records · entity-resolved
Parker Hamilton Corporation
Entity
Mailing address
130 SALT PT TPKE, POUGHKEEPSIE, NY 12603-1097
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2024
—
Parker Hamilton Corporation
Leroy E Cothrell
Special Warranty Deed
—
Oct 7, 2024
—
Leroy E Cothrell
Leroy E Cothrell
Intrafamily Transfer
related
—
Oct 4, 2024
—
Leroy E Cothrell
Leroy Cothrell
Intrafamily Transfer
related
—
Aug 21, 2024
—
Leroy E Cothrell
Leroy Cothrell
Intrafamily Transfer
related
—
Jul 30, 2024
—
Leroy E Cothrell
Leroy Cothrell
Intrafamily Transfer
related
—
Oct 4, 2017
—
Cothrell,leroy & Janice Trust
Cothrell Living Trust
Quit Claim Deed
related
—
—
—
Ultimizers INC
—
Deed Of Trust
related
$400,000 · Mbank
—
—
Cothrell Trust
—
Deed Of Trust
related
$350,000 · Merchant National Bank
—
—
Leroy E Cothrell
—
Deed Of Trust
related
$100,000 · Clackamas County Bank
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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