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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Medical Office Space
434 1st Ave 400 Hillsboro, OR 97123-3982
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0452514
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Total area
4,440 SF
Lot
0.37 ac (16,260 SF)
Zoning code
SCC-DT
APN
1S206BB-05700
UPID
US71-0452514
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
$1.06M
Blend (final)
Blend
$1.06M
Owner & transaction history
Acorn Dentistry For Kids Hillsboro · 2 yrs held
Acorn Dentistry For Kids Hillsboro
since 2024
7 recorded transactions
Zoning & alternative use
SCC-DT · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The standards of the SCC-DT zone are intended to create a downtown core that is a vibrant and active place, with shopping, dining, entertainment venues, arts and cultural experiences, civic activities and spaces and public gathering places supported by existing and new residents, employees and students living and working in and around the historic core.
Zone name
Station Community Commercial Downtown
General category
CIVIC_INSTITUTIONAL
Zone area
256.80 ac
Source
Realmo
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 Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro 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
MEDICAL BUILDING
$1,415,000
Current use
COMMERCIAL (GENERAL)
$1,135,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±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
$239 / 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
$5,858
Tax year 2023
Assessed value
$347,690
Assessed 2023
Previous assessed
$347,690
+0.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$209,410
Improvement market value
$482,250
Total market value
$691,660
Applied tax rate
7.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1978
Heating
NONE
Total area
4,440 SF
Lot
0.37 ac (16,260 SF)
Zoning code
SCC-DT
APN
1S206BB-05700
UPID
US71-0452514
Jurisdiction
WASHINGTON
Zoning & alternative use
SCC-DT · Hillsboro, ORZoning SCC-DT · permitted uses
SCC-DT · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The standards of the SCC-DT zone are intended to create a downtown core that is a vibrant and active place, with shopping, dining, entertainment venues, arts and cultural experiences, civic activities and spaces and public gathering places supported by existing and new residents, employees and students living and working in and around the historic core.
Zone name
Station Community Commercial Downtown
General category
CIVIC_INSTITUTIONAL
Zone area
256.80 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
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
1978
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Acorn Dentistry For Kids Hillsboro
Individual
Mailing address
434 S 1ST AVE STE #300, HILLSBORO, OR 97123-3957
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jan 31, 2024
—
Acorn Dentistry For Kids Hillsboro
Bountiful Commercial Investments Ll
Lease
$959,000 · Umpqua Bank
Jan 25, 2021
—
Bountiful Investments LLC
Bountiful Investments LLC
Quit Claim Deed
related
—
Oct 9, 2018
—
Bountiful Investments LLC
Law Ents LLC
Grant Deed
related
$1,150,000 · Cb Invts
Jul 9, 2018
$1,503,050
Bountiful Investments LLC
Law Ents LLC
Warranty Deed
$1,300,000 · Cb Invts
Sep 6, 2013
—
Law Ents LLC
Law R Thomas Trust
Quit Claim Deed
related
—
May 20, 2013
—
R Thomas Law
Law,r Thomas & Yvonne L
Quit Claim Deed
related
—
Nov 14, 2011
—
Law R Thomas Trust
Law,r Thomas & Yvonne L
Quit Claim Deed
related
—
Mar 1, 1993
$250,000
Carl R Pers Rep Neil
Unknown
Grant Deed
—
—
—
Bountiful Investments LLC
—
Deed Of Trust
related
$903,000 · Law Ents LLC
—
—
Bountiful Investments LLC
—
Deed Of Trust
related
$1,150,000 · Cb Invts
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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