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Property profile

422 10th Ave Hillsboro, OR 97123

OFF-MARKET
Retail space
Property ID
US71-0803210
10,369 SF 0.56 ac lot Built 2004
Last sale Sep 2025 · $1,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10,369-square-foot freestanding retail building is situated on a prominent corner lot in the Hillsboro, Oregon submarket of Washington County. Classified as Class A, this single-tenant property offers a unique investment opportunity. The building is currently leased, with the lease expiring in December 2031. The current annual rent is $149,919, although the tenant is open to negotiating the lease rate. The property's address is 422 SE 10th Ave, Hillsboro, OR 97123. A tour…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$1.32M
Effective rate1.68%

Value estimate

· Oct 2026
$1.77M
$1.59M – $1.94M
Submarket $/SF estimate$2.33M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
County average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$131 – $333
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SCC-DT
The standards of the SCC-DT zone are intended to create a downtown core that is a vibrant and active place, with shopping, dining, entert...
General categoryCIVIC_INSTITUTIONAL
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.8
Electrical Service10.7
Furniture Store9.7

Location

422 10th Ave Hillsboro, OR 97123-4603
County assessor Recorded deeds · 9 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 Baseline, Hillsboro, OR 97123-4010 $1,475,000 Dec 2024 7,644 SF
337 Main, Hillsboro, OR 97123-4022 $325,000 Oct 2022 4,615 SF
206 Main, Hillsboro, OR 97123-4021 $2,720,000 Apr 2022 16,369 SF
2799 Tualatin Vly, Hillsboro, OR 97123-7937 $1,870,000 Aug 2021 15,200 SF
2999 73rd, Hillsboro, OR 97123-6225 $6,350,000 Jan 2020 8,522 SF
451 1st Ave, Hillsboro, OR 97123-3959 $1,150,000 Jul 2019 9,115 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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