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Property profile & analytics
FOR LEASE
Office Spaces
5050 SW Griffith Dr Beaverton, OR 97005
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0040434
For Lease
1 / 2
$19.50 SF/Yr
5050 SW Griffith Dr, Beaverton, OR 97005
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1979
Total area
12,246 SF
Zoning code
RC-E
APN
1S115BD-95050
UPID
US71-0040434
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
Current use
Occupant on record · Public records
-
Community Action Social Service Agency Charitable Organization
-
United CPAs & Co., LLC Accounting Firm Tax Preparation
-
Mark D Alder DMD Dental Office
-
menzel design Interior Design Home Decor Store
-
Columbia Benefits Group Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.25M
Owner & transaction history
United Investments Beaverton LLC · 8 yrs held
United Investments Beaverton LLC
since 2017
7 recorded transactions
Zoning & alternative use
RC-E · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+21.3%
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 Beaverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaverton 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
COMMERCIAL (GENERAL)
$3,055,000
Current use
RESTAURANT
$3,705,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$2,925,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,730,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±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
$184 / 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
$7,681
Tax year 2023
Assessed value
$363,480
Assessed 2023
Previous assessed
$352,900
+3.0% YoY
Effective rate
2.11%
On assessed value
Improvement market value
$2,046,350
Total market value
$2,046,350
Applied tax rate
51.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1979
Heating
NONE
Total area
12,246 SF
Zoning code
RC-E
APN
1S115BD-95050
UPID
US71-0040434
Jurisdiction
WASHINGTON
Zoning & alternative use
RC-E · Beaverton, OR
Zoning RC-E · permitted uses
RC-E · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaverton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
RESTAURANT
Est. value
$3.7M
RETAIL STORES
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
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
1979
Heating
NONE
Current owner
From public records · entity-resolved
United Investments Beaverton LLC
Entity
Mailing address
8733 SE DIVISION ST STE #207, PORTLAND, OR 97266-1471
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2017
$1,465,000
United Investments Beaverton LLC
Disa LLC
Warranty Deed
$1,087,500 · Wells Fargo Bank NA
Sep 2, 2011
—
Disa LLC
Rengel,amauri & Iris
Grant Deed
related
—
Aug 29, 2011
—
Amauri Rengel
Rengel,amauri
Quit Claim Deed
related
—
Mar 2, 2011
$927,158
Amauri Rengel
Anderson,richard T JR
Trustees Deed
—
Nov 7, 2008
—
Bancasa LLC
Gonzalez,enrique
Grant Deed
related
—
Sep 15, 2006
$1,460,000
Bancasa Mortgage Co
Brent T Burton
Warranty Deed
$876,000 · Pacific West Bank
Jan 28, 2004
—
Griffith Partners LP
Mti Leasing INC
Quit Claim Deed
related
—
Jan 28, 2004
$1,200,000
Brent T Burton
Griffith Partners LP
Grant Deed
$937,500 · Pacific Continental Bank
—
—
Griffith Partners LP
—
Deed Of Trust
related
$60,000 · Pacific Continental Bank
—
—
Griffith Partners LP
—
Deed Of Trust
related
$527,300 · Pacific Continental Bank
—
—
Bancasa Mortgage Co
—
Deed Of Trust
related
$455,000 · Ccd Business Development
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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