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Property profile & analytics
OFF-MARKET
Estimated value
$20,765,000
Office Spaces
5435 Dawson Crk Dr Hillsboro, OR 97124-5797
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0756014
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Total area
48,420 SF
Lot
3.64 ac (158,558 SF)
APN
1N228AD-00800
UPID
US71-0756014
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
$20.54M
Blend (final)
Blend
$20.77M
Owner & transaction history
Fei Company · 3 yrs held
Fei Company
since 2022
Last sale
$21.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.4M
+0.3%
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 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
$16,255,000
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)
$15,390,000
Current use
MEDICAL BUILDING
$15,440,000
Change: +0% · Conversion: Easy
RESTAURANT
$14,660,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$20.77M
Range $18.69M – $22.84M · ±10% · vs last sale $21.00M (Dec 15 2022)
Last sale anchor
$21.00M
Dec 15 2022
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
$429 / 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
$136,469
Tax year 2023
Assessed value
$8,100,210
Assessed 2023
Previous assessed
$7,864,290
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$2,483,360
Improvement market value
$9,201,000
Total market value
$11,684,360
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1997
Heating
NONE
Total area
48,420 SF
Lot
3.64 ac (158,558 SF)
APN
1N228AD-00800
UPID
US71-0756014
Jurisdiction
WASHINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$15.4M
MEDICAL BUILDING
Est. value
$15.4M
RESTAURANT
Est. value
$14.7M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
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
1997
Heating
NONE
Lot
3.64 ac
Current owner
From public records · entity-resolved
Fei Company
Entity
Free & Clear · 3 yrs held
Mailing address
300 INDUSTRY DR, PITTSBURGH, PA 15275-1001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2022
$20,997,500
Fei Company
Dawson Creek Associates LLC
Special Warranty Deed
—
Sep 20, 2016
$15,350,000
Dawson Creek Associates LLC
Oregon Note Acquisition Co LLC
Grant Deed
$10,000,000 · Us Bk
Jul 18, 2012
$7,851,001
Oregon Note Acquisition Co LLC
Leavitt-wolff Hillsboro Hold
Warranty Deed
—
Feb 3, 2006
$20,125,000
Hillsboro Holdin Leavitt-wolff
Trinity Ptshp LLP
Grant Deed
$13,000,000 · Eurohypo Ag
—
—
Oregon Note Acquisition Co LLC
—
Deed Of Trust
related
$6,480,000 · A10 Capital LLC
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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