Technical
Financial
Distress signals
Property profile

448 1st Ave Ste A Hillsboro, OR 97123

OFF-MARKET
Auto shops
Property ID
US71-0991394
3,100 SF 0.12 ac lot Built 1978
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1978
Total area 3,100 SF
Lot 0.12 ac (5,227 SF)
Zoning code I-G
APN 1S206BB-06001
UPID US71-0991394

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Charitable Organization Social Service Agency
  • Social Service Agency Charitable Organization
  • Distribution Center Logistics Company

Location

448 1st Ave Ste A Hillsboro, OR 97123-3952
Hillsboro metro Census 32501 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
$1.04M

Owner & transaction history

since 2020
Last sale
$990,000
5 recorded transactions
2020
$990,000
2013
Price N/A
2013
Price N/A
2011
Price N/A
1993
$250,000

Zoning & alternative use

I-G · Hillsboro, OR
Zoning description

The I-G zone implements the Industrial Comprehensive Plan designation primarily near the downtown or at locations on freight routes, providing opportunities for all types of manufacturing, warehouse, and wholesale indust…

General category INDUSTRIAL
Top alternative use upside
Medical building $990,000 +129.1%
Commercial (general) $790,000 +83.6%
Retail stores $740,000 +71.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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