5555 Cornelius Pass Rd Cornelius, OR 97124-9320
This exceptional 6,632 square foot light manufacturing building is situated in Hillsboro, Oregon, at 5555 NE Cornelius Pass Rd, zip code 97124. Located in unincorporated Washington County, this two-story structure boasts a desirable I-P Zoning classification with a Special Industrial District overlay, offering significant flexibility for various manufacturing operations. The asking price is $1,100,000, translating to $165.86 per square foot. The property has recently undergone extensive renovations, including the installation of a new breaker box equipped with both 240V and 220V panels, ensuring ample power for manufacturing equipment. Modernization efforts also encompass new LED lighting throughout, new flooring, and fresh interior and exterior paint, presenting a clean and efficient workspace. Its convenient location offers easy access to Sunset Highway (26) and Cornelius Pass Road, providing excellent transportation links for both employees and the movement of goods. This turnkey facility is ready for immediate occupancy and presents a compelling investment opportunity in a thriving industrial area. The property consists of one building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SID · Cornelius, ORCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.