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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Drive through restaurants
2920 Cedar Hls Blvd Beaverton, OR 97005-1353
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1833430
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1998
Total area
2,836 SF
Lot
1.01 ac (43,996 SF)
Zoning code
CS
APN
1S109AD-01800
UPID
US71-1833430
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
$1.39M
Blend (final)
Blend
$1.39M
Owner & transaction history
2920 Sw Cedar Hills Blvd LLC · 10 yrs held
2920 Sw Cedar Hills Blvd LLC
since 2016
7 recorded transactions
Zoning & alternative use
CS · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CS District is intended to provide for a variety of business types compatible with and of similar scale to commercial activities found principally along the City'smajorstreets
Zone name
Community Service
General category
COMMERCIAL
Zone area
545.06 ac
Source
Realmo
Top alternative use upside
Medical building
$905,000
+5.3%
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 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
RESTAURANT
$860,000
Current use
MEDICAL BUILDING
$905,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±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
$490 / 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
$28,464
Tax year 2023
Assessed value
$1,346,920
Assessed 2023
Previous assessed
$1,307,690
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$1,196,170
Improvement market value
$1,417,680
Total market value
$2,613,850
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1998
Heating
NONE
Total area
2,836 SF
Lot
1.01 ac (43,996 SF)
Zoning code
CS
APN
1S109AD-01800
UPID
US71-1833430
Jurisdiction
WASHINGTON
Zoning & alternative use
CS · Beaverton, ORZoning CS · permitted uses
CS · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CS District is intended to provide for a variety of business types compatible with and of similar scale to commercial activities found principally along the City'smajorstreets
Zone name
Community Service
General category
COMMERCIAL
Zone area
545.06 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$860,000
MEDICAL BUILDING
Est. value
$905,000
RESTAURANT 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
1998
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
2920 Sw Cedar Hills Blvd LLC
Entity
Mailing address
1800 SW 1ST AVE STE #220, PORTLAND, OR 97201-5326
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2016
—
2920 Sw Cedar Hills Blvd LLC
Creswell Court LLC
Grant Deed
$1,800,000 · First Republic Bk
Apr 29, 2016
$2,941,000
Creswell Court LLC
Midtown National Group LP
Warranty Deed
$1,800,000 · First Republic Bank
Sep 18, 1998
$1,424,000
Malk Trust
Foodmaker INC
Grant Deed
—
May 26, 1998
$625,000
Foodmaker INC
Key Bank NA
Grant Deed
—
Aug 15, 1996
—
Ralph Bolliger
Key Bank Of Oregon
Quit Claim Deed
related
—
Jul 11, 1994
$372,000
Key Bank Of Oregon
Far West Federal
Quit Claim Deed
related
—
—
—
Malk Trust
—
Deed Of Trust
related
$1,068,750 · California Bank & Trust
—
—
2920 Sw Cedar Hills Blvd LLC
—
Loan Modification
related
$1,800,000 · First Republic Bk
—
—
Bbjj LP
—
Deed Of Trust
related
$498,500 · Key Bank Of Oregon
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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