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Property profile & analytics
FOR LEASE
Warehouses
5465 SW Western Ave, Beaverton, OR 97005
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0789522
For Lease
1 / 12
$10,530,000
5465 SW Western Ave, Beaverton, OR 97005
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
46,672 SF
Lot
3.16 ac (137,650 SF)
Zoning code
IND
APN
1S114CB-00702
UPID
US71-0789522
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
-
Smith+Nephew Warehouse & Storage
-
Displaystar (Bike/Boat/Book/etc) Store Printing Service
-
The Yard Baseball Academy Gym & Fitness Center Sports School
-
North America Display Corporation (Bike/Boat/Book/etc) Store
-
Freewire Telecommunications Service Data Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.53M
Blend (final)
Blend
$10.53M
Owner & transaction history
Ladan Western Avenue LLC · 15 yrs held
Ladan Western Avenue LLC
since 2011
2 recorded transactions
Zoning & alternative use
IND · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$14.9M
+78.4%
Restaurant
$14.1M
+69.4%
Commercial (general)
$11.6M
+39.6%
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
WAREHOUSE, STORAGE
$8,340,000
Current use
MEDICAL BUILDING
$14,880,000
Change: +78% · Conversion: Difficult
RESTAURANT
$14,130,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,645,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$11,140,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$10,405,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$10.53M
Range $9.48M – $11.58M · ±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
$226 / 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
$101,304
Tax year 2023
Assessed value
$4,793,700
Assessed 2023
Previous assessed
$4,654,080
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$1,398,760
Improvement market value
$5,580,210
Total market value
$6,978,970
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Heating
NONE
Total area
46,672 SF
Lot
3.16 ac (137,650 SF)
Zoning code
IND
APN
1S114CB-00702
UPID
US71-0789522
Jurisdiction
WASHINGTON
Zoning & alternative use
IND · Beaverton, OR
Zoning IND · permitted uses
IND · 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
WAREHOUSE, STORAGE Current
Est. value
$8.3M
MEDICAL BUILDING
Est. value
$14.9M
RESTAURANT
Est. value
$14.1M
COMMERCIAL (GENERAL)
Est. value
$11.6M
RETAIL STORES
Est. value
$11.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
Heating
NONE
Lot
3.16 ac
Current owner
From public records · entity-resolved
Ladan Western Avenue LLC
Entity
Free & Clear · 15 yrs held
Mailing address
2455 NW MARSHALL ST STE #4, PORTLAND, OR 97210-2949
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2011
—
Ladan Western Avenue LLC
Oseran Henry P & N F Trust
Grant Deed
related
—
Mar 15, 1990
$2,125,000
30th Group
Unknown
Grant Deed
—
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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