Property profile

505 185th Ave 647 Hillsboro, OR 97006

OFF-MARKET
Office Spaces
Property ID
US71-1095830
10,378 SF 153.56 ac lot Built 2014
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2014
Total area 10,378 SF
Lot 153.56 ac (6,689,074 SF)
Zoning code UC-RP
APN 1N23600-03404
UPID US71-1095830

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
  • Research Institute
  • Research Institute

Location

505 185th Ave, Unit 647 Hillsboro, OR 97006-3448
Hillsboro metro Census 31626 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
$2.84M
Blend (final) Blend
$515k

Owner & transaction history

Zoning & alternative use

UC-RP · Hillsboro, OR
Zoning description

The UC-RP zone implements the MU-I Mixed-Use Institutional Plan designation, providing opportunities for development of a range of research, development and testing laboratory Uses, educational Uses, medical research and…

General category MIXED_USE
Top alternative use upside
Medical building $3.3M +16.6%
Restaurant $3.1M +10.7%

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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