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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Warehouses
3470 209th Ave, Beaverton, OR 97078-1073
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0655449
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
3,420 SF
Lot
0.25 ac (10,890 SF)
Zoning code
IND
APN
1S211DA-00600
UPID
US71-0655449
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
Current use
Occupant on record · Public records
-
Pacific Ground Works, Inc. General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$400k
Comparable Approach
Comparable
$444k
Blend (final)
Blend
$635k
Owner & transaction history
Nuwave Concrete INC · 3 yrs held
Nuwave Concrete INC
since 2023
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
IND · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$935,000
+53.0%
Retail stores
$815,000
+33.6%
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
$825,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$435,000
6.5%
$400,000
7%
$370,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$610,000
Current use
COMMERCIAL (GENERAL)
$935,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$815,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $850k (Apr 27 2023)
Last sale anchor
$850k
Apr 27 2023
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
$186 / 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
$3,091
Tax year 2023
Assessed value
$202,260
Assessed 2023
Previous assessed
$202,260
+0.0% YoY
Effective rate
1.53%
On assessed value
Land market value
$120,880
Improvement market value
$298,180
Total market value
$419,060
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
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
1975
Heating
NONE
Buildings
2
Total area
3,420 SF
Lot
0.25 ac (10,890 SF)
Zoning code
IND
APN
1S211DA-00600
UPID
US71-0655449
Jurisdiction
WASHINGTON
Zoning & alternative use
IND · Beaverton, OR
Zoning IND · permitted uses
IND · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaverton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$610,000
COMMERCIAL (GENERAL)
Est. value
$935,000
RETAIL STORES
Est. value
$815,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1975
Heating
NONE
Buildings
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Nuwave Concrete INC
Entity
Mailing address
PO BOX 947, CORNELIUS, OR 97113-0947
Ownership since
2023
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
Apr 27, 2023
$850,000
Nuwave Concrete INC
Deanna M Strauss
Warranty Deed
$650,000 · Umpqua Bank
Oct 31, 2022
$775,000
Deanna M Strauss
Holland Investments INC
Warranty Deed
—
Jul 18, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 9, 2004
—
Kenneth R Wheelock
Wheelock,kenneth R & Bonita M
Quit Claim Deed
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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