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Property profile & analytics
OFF-MARKET
Estimated value
$9,365,000
Warehouses
3085 Brookwood Pkwy, Hillsboro, OR 97124-5302
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0860190
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
50,000 SF
Lot
5.99 ac (260,924 SF)
Zoning code
I-P
APN
1N228AC-00100
UPID
US71-0860190
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
$5.87M
Comparable Approach
Comparable
$12.40M
Blend (final)
Blend
$9.37M
Owner & transaction history
K 5 Urban Holdings LLC · 3 yrs held
K 5 Urban Holdings LLC
since 2022
Last sale
$9.2M
4 recorded transactions
Zoning & alternative use
I-P · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.1M
+69.4%
Retail stores
$11.9M
+33.6%
Apartment house (5+ units)
$11.1M
+24.7%
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
$7,120,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,350,000
6.5%
$5,865,000
7%
$5,445,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,935,000
Current use
RESTAURANT
$15,135,000
Change: +69% · Conversion: Difficult
RETAIL STORES
$11,935,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$11,145,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$9.37M
Range $8.43M – $10.30M · ±10% · vs last sale $9.20M (Sep 15 2022)
Last sale anchor
$9.20M
Sep 15 2022
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
$187 / 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
$97,859
Tax year 2023
Assessed value
$5,808,490
Assessed 2023
Previous assessed
$5,639,320
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$3,718,170
Improvement market value
$4,780,760
Total market value
$8,498,930
Applied tax rate
7.0000
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
1995
Heating
NONE
Total area
50,000 SF
Lot
5.99 ac (260,924 SF)
Zoning code
I-P
APN
1N228AC-00100
UPID
US71-0860190
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
$8.9M
RESTAURANT
Est. value
$15.1M
RETAIL STORES
Est. value
$11.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.1M
WAREHOUSE, STORAGE Current
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
1995
Heating
NONE
Lot
5.99 ac
Current owner
From public records · entity-resolved
K 5 Urban Holdings LLC
Entity
Mailing address
PO BOX 25332, PORTLAND, OR 97298-0332
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2022
$9,200,000
K 5 Urban Holdings LLC
Applied Materials INC
Special Warranty Deed
$6,850,000 · Heritage Southeast Bank
Oct 16, 2017
$6,800,000
Applied Materials INC
Solarworld Americas INC
Grant Deed
—
Oct 31, 2011
$4,396,665
Industries America Solarworld
F & B Investments Co
Warranty Deed
—
—
—
Solarworld Americas INC
—
Loan Modification
related
—
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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