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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Warehouses
3030 59th Ct, Hillsboro, OR 97123-4195
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0873377
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
6,210 SF
Lot
1.88 ac (81,893 SF)
Zoning code
I-P
APN
1S210CA-01000
UPID
US71-0873377
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
$1.54M
Blend (final)
Blend
$1.54M
Owner & transaction history
Tualatin Properties LLC · 24 yrs held
Tualatin Properties LLC
since 2001
7 recorded transactions
Zoning & alternative use
I-P · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+78.4%
Restaurant
$1.9M
+69.4%
Commercial (general)
$1.6M
+43.0%
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
WAREHOUSE, STORAGE
$1,110,000
Current use
MEDICAL BUILDING
$1,980,000
Change: +78% · Conversion: Difficult
RESTAURANT
$1,880,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,585,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$1,480,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,385,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±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
$248 / 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
$22,798
Tax year 2023
Assessed value
$1,353,200
Assessed 2023
Previous assessed
$1,313,790
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$681,760
Improvement market value
$1,694,900
Total market value
$2,376,660
Applied tax rate
29.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Heating
NONE
Total area
6,210 SF
Lot
1.88 ac (81,893 SF)
Zoning code
I-P
APN
1S210CA-01000
UPID
US71-0873377
Jurisdiction
WASHINGTON
Zoning & alternative use
I-P · Hillsboro, OR
Zoning I-P · permitted uses
I-P · 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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$2.0M
RESTAURANT
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
1996
Heating
NONE
Lot
1.88 ac
Current owner
From public records · entity-resolved
Tualatin Properties LLC
Entity
Mailing address
16458 SW TIMBERLAND DR, BEAVERTON, OR 97007-7825
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Oct 1, 2009
—
Tualatin Properties LLC
—
Trustees Deed
related
—
Jul 24, 2008
—
Tualatin Properties LLC
—
Trustees Deed
related
—
Jul 10, 2007
—
Tualatin Properties LLC
—
Trustees Deed
related
$1,000,000 · Columbia Community Bank
Dec 31, 2001
—
Tualatin Properties LLC
Reed,daniel R & Debra A
Grant Deed
$662,923 · Key Bank NA
Mar 1, 1996
$204,730
Daniel R Reed
Warz Investments LLC
Grant Deed
$310,500 · Key Bank Of Oregon
—
—
Tualatin Properties LLC
—
Deed Of Trust
related
—
—
—
Tualatin Properties LLC
—
Deed Of Trust
related
$626,247 · Bank Of The West
—
—
Daniel R Reed
—
Deed Of Trust
related
$800,000 · Key Bank NA
—
—
Tualatin Properties LLC
—
Deed Of Trust
related
$250,000 · Key Bank NA
—
—
Tualatin Properties LLC
—
Deed Of Trust
related
$815,000 · Bank Of The West
—
—
Daniel R Reed
—
Deed Of Trust
related
$74,000 · Warz Investments LLC
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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