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Property profile & analytics
OFF-MARKET
Estimated value
$1,965,000
Retail space
4554 Cornell Rd Hillsboro, OR 97124-6026
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0434112
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
7,163 SF
Lot
1.05 ac (45,738 SF)
Zoning code
SC-BP
APN
1N233AB-00700
UPID
US71-0434112
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
$1.96M
Blend (final)
Blend
$1.97M
Owner & transaction history
Cft Nv Devs LLC · 9 yrs held
Cft Nv Devs LLC
since 2017
7 recorded transactions
Zoning & alternative use
SC-BP · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.3M
+33.6%
Commercial (general)
$2.3M
+33.2%
Restaurant
$2.2M
+26.8%
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
RETAIL STORES
$1,710,000
Current use
MEDICAL BUILDING
$2,285,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,275,000
Change: +33% · Conversion: Easy
RESTAURANT
$2,170,000
Change: +27% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,595,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±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
$274 / 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
$17,546
Tax year 2023
Assessed value
$1,041,480
Assessed 2023
Previous assessed
$1,011,150
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$873,910
Improvement market value
$1,400,880
Total market value
$2,274,790
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Heating
NONE
Total area
7,163 SF
Lot
1.05 ac (45,738 SF)
Zoning code
SC-BP
APN
1N233AB-00700
UPID
US71-0434112
Jurisdiction
WASHINGTON
Zoning & alternative use
SC-BP · Hillsboro, OR
Zoning SC-BP · permitted uses
SC-BP · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RESTAURANT
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
2016
Heating
NONE
Lot
1.05 ac
Current owner
From public records · entity-resolved
Cft Nv Devs LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1683 WALNUT GRV AVE, ROSEMEAD, CA 91770-3711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2017
—
Cft Nv Devs LLC
—
Deed
related
$2,920,000 · Mufg Union Bk NA
Apr 20, 2017
—
Cft Nv Devs LLC
Sandusky Hillsboro LLC
Grant Deed
related
—
Dec 17, 2015
$1,390,000
Sandusky Hillsboro LLC
Chamna Saenguraiporn
Special Warranty Deed
$2,220,000 · Preferred Bank
Jan 2, 2003
$900,000
Chamna Saenguraiporn
Goodell,janet S
Grant Deed
$370,708 · Matrix Capital Bank
—
—
Gtp Acquisition Ptrs II LLC
—
Deed Of Trust
related
$1,999,999,999 · Bank Of Ny Mellon (ce)
—
—
Gtp Structures I LLC
—
Deed Of Trust
related
$500,000,000 · Toronto Dominion Texas INC
—
—
Cft Nv Devs LLC
—
Deed Of Trust
related
$2,920,000 · Mufg Union Bk NA
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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