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Property profile & analytics
OFF-MARKET
Office Spaces
3605 Pacific Ave Forest Grove, OR 97116-8700
Entity Owned
Absentee Owner
Free & Clear
Property ID
US71-0950304
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1947
Total area
2,000 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CC
APN
1N332DC-01000
UPID
US71-0950304
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
Evergreen Energy Group LLC
Evergreen Energy Group LLC
since 2026
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
CC · Forest Grove, 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 Forest Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Grove 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
$3,762
Tax year 2023
Assessed value
$200,380
Assessed 2023
Previous assessed
$194,550
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$174,860
Improvement market value
$165,880
Total market value
$340,740
Applied tax rate
15.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1947
Heating
NONE
Total area
2,000 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CC
APN
1N332DC-01000
UPID
US71-0950304
Jurisdiction
WASHINGTON
Zoning & alternative use
CC · Forest Grove, OR
Zoning CC · permitted uses
CC · Forest Grove, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Evergreen Energy Group LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2689 RED ARROW DR, LAS VEGAS, NV 89135-1607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
Evergreen Energy Group LLC
Evergreen Energy Group LLC
Deed
related
—
Nov 26, 2025
—
Evergreen Energy Group LLC
—
Deed
related
$6,351,000 · Banner Bank
May 14, 2025
$92,023
State Of Oregon By And Through Its
Carl W Heisler
Deed
related
—
Jun 16, 2022
$1,504,410
Ck Designs Lpo
Jeffs Adventures LLC
Warranty Deed
—
Jun 16, 2022
$362,500
Jeffs Adventures LLC
Carl W Heisler
Special Warranty Deed
—
May 16, 2016
—
State Of Or
Oreilly Auto Ents LLC
Quit Claim Deed
related
—
Dec 31, 2015
—
Heisler,carl W & Kathleen R Trust
Heisler,carl W
Quit Claim Deed
related
—
Dec 31, 2015
$362,500
Crystal Waters LLC
Heisler Carl W & K R Trust
Dual Purpose Document
related
$362,500 · Heisler Carl W & K R Tr (pt)
Mar 29, 2011
$1,000
State Of Or
Heisler Carl W & K R L Trust
Warranty Deed
—
Dec 21, 2009
—
Carl W Heisler
Heisler,carl W
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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