Technical
Financial
Distress signals
Property profile

31345 NW Beach Rd Hillsboro, OR 97124

FOR SALE
Industrial properties
Property ID
US71-0713059
8.77 ac lot
Individually Owned 24-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 109,500-square-foot industrial property in Hillsboro, Oregon, presents a unique investment opportunity. Situated on an expansive 11.6-acre corner lot with prominent frontage on Highway 26, this single-tenant facility boasts unparalleled visibility and accessibility. Currently vacant, the property is zoned R-IND within Washington County, offering flexibility for continued use in its existing state or redevelopment, subject to county approvals. The site's history includes seed processing and storage, with one building specifically designed for this purpose. The remaining structures are primarily metal warehouse buildings adaptable to a wide range of industrial uses. The property's location is noteworthy, falling within the study area for the potential North Plains Urban Growth Boundary (UGB) expansion, suggesting future development potential. The seller is open to considering offers based on land development or joint venture opportunities on a case-by-case basis. This prime location, substantial square footage, and flexible zoning make this an attractive proposition for discerning investors seeking a significant industrial holding in a rapidly growing area. The property address is 31345 NW Beach Rd, Hillsboro, OR 97124.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 8.77 ac (382,021 SF)
Zoning code R-COM
APN 1N31200-00903
UPID US71-0713059

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31345 NW Beach Rd Hillsboro, OR 97124
Hillsboro metro Census 32800 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-COM · Hillsboro, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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