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Property profile & analytics
OFF-MARKET
Estimated value
$13,865,000
Office Spaces
3800 Cedar Hls Blvd Ste 299 Beaverton, OR 97005-2035
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0879000
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1974
Total area
75,504 SF
Lot
2.42 ac (105,415 SF)
Zoning code
RC-TO
APN
1S109DD-03950
UPID
US71-0879000
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
$13.86M
Blend (final)
Blend
$13.87M
Owner & transaction history
Bg Piaza Family Real Estate LLC · 2 yrs held
Bg Piaza Family Real Estate LLC
since 2023
3 recorded transactions
Zoning & alternative use
RC-TO · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$22.9M
+21.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$18,840,000
Current use
RESTAURANT
$22,855,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$18,025,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$16,835,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$13.87M
Range $12.48M – $15.25M · ±10%
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
$184 / 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
$112,844
Tax year 2023
Assessed value
$5,339,750
Assessed 2023
Previous assessed
$5,443,340
-1.9% YoY
Effective rate
2.11%
On assessed value
Land market value
$2,159,740
Improvement market value
$6,275,600
Total market value
$8,435,340
Applied tax rate
51.0000
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
1974
Heating
NONE
Total area
75,504 SF
Lot
2.42 ac (105,415 SF)
Zoning code
RC-TO
APN
1S109DD-03950
UPID
US71-0879000
Jurisdiction
WASHINGTON
Zoning & alternative use
RC-TO · Beaverton, OR
Zoning RC-TO · permitted uses
RC-TO · 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
COMMERCIAL (GENERAL) Current
Est. value
$18.8M
RESTAURANT
Est. value
$22.9M
RETAIL STORES
Est. value
$18.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.8M
COMMERCIAL (GENERAL) 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
1974
Heating
NONE
Lot
2.42 ac
Current owner
From public records · entity-resolved
Bg Piaza Family Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3 MONROE PKWYP728, LAKE OSWEGO, OR 97035-1486
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2023
—
Bg Piaza Family Real Estate LLC
Bg Real Estate LLC
Intrafamily Transfer
related
—
Oct 23, 2020
—
Bg Real Estate LLC
Gene Biggi Properties
Grant Deed
related
—
Sep 21, 2020
—
Bg Real Estate LLC
Gene Biggi Properties LLC
Grant 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.
Try Rey
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