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Property profile & analytics
OFF-MARKET
Hotels
3133 Shute Rd, Hillsboro, OR 97124-5881
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0612791
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Total area
67,023 SF
Lot
3.22 ac (140,263 SF)
Zoning code
I-P
APN
1N228AD-00200
UPID
US71-0612791
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ll Hillsboro LP · 18 yrs held
Ll Hillsboro LP
since 2007
6 recorded transactions
Zoning & alternative use
I-P · Hillsboro, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$107,226
Tax year 2023
Assessed value
$6,364,440
Assessed 2023
Previous assessed
$6,179,070
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$2,545,880
Improvement market value
$5,101,380
Total market value
$7,647,260
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Heating
NONE
Total area
67,023 SF
Lot
3.22 ac (140,263 SF)
Zoning code
I-P
APN
1N228AD-00200
UPID
US71-0612791
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.
Building & site characteristics
From public records
Heating
NONE
Lot
3.22 ac
Current owner
From public records · entity-resolved
Ll Hillsboro LP
Entity
Mailing address
591 W PUTNAM AVE, GREENWICH, CT 06830-6005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2017
—
Ll Hillsboro LP
—
Deed
related
$577,270 · Jpmorgan Chase Bank NA
Jan 4, 2013
—
Ll Hillsboro LP
—
Deed Of Trust
related
$140,000,000 · Cantor Commercial Real Estate
Jul 11, 2007
$12,066,961
Ll Hillsboro LP
Hillsboro Studio Hotel Co LLC
Special Warranty Deed
$73,000,000 · Merrill Lynch Bank USA
Mar 25, 1998
—
Hillsboro Studio Hotel Co LLC
—
Deed Of Trust
related
$15,000,000 · Orix USA Corp
Jul 19, 1996
$876,650
Hillsboro Studio Hotel Co LLC
Dawson Creek Park INC
Grant Deed
$1,000,000 · Farallon Cw Hotel Lending LLC
—
—
Hillsboro Studio Hotel Co LLC
—
Deed Of Trust
related
$6,100,000 · Prudential Mortgage Capital Ci
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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