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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
6115 124th Ave Beaverton, OR 97008-4725
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0324981
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Total area
4,328 SF
Lot
0.31 ac (13,504 SF)
Zoning code
NS
APN
1S122BB-01500
UPID
US71-0324981
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
$755k
Comparable Approach
Comparable
$951k
Blend (final)
Blend
$900k
Owner & transaction history
Ka Nortena Market Porperties LLC · 5 yrs held
Ka Nortena Market Porperties LLC
since 2021
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
NS · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The NSDistrictis intended to provide minimal areas of service and convenience uses to meet the frequent needs of nearby residents
Zone name
Neighborhood Service Center
General category
UNKNOWN
Zone area
84.69 ac
Source
Realmo
Top alternative use upside
Medical building
$1.4M
+33.6%
Commercial (general)
$1.2M
+14.6%
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
$905,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,035,000
Current use
MEDICAL BUILDING
$1,380,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,185,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $850k (Apr 21 2021)
Last sale anchor
$850k
Apr 21 2021
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
$208 / 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
$10,650
Tax year 2023
Assessed value
$503,950
Assessed 2023
Previous assessed
$489,280
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$305,400
Improvement market value
$850,450
Total market value
$1,155,850
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1993
Heating
NONE
Total area
4,328 SF
Lot
0.31 ac (13,504 SF)
Zoning code
NS
APN
1S122BB-01500
UPID
US71-0324981
Jurisdiction
WASHINGTON
Zoning & alternative use
NS · Beaverton, ORZoning NS · permitted uses
NS · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The NSDistrictis intended to provide minimal areas of service and convenience uses to meet the frequent needs of nearby residents
Zone name
Neighborhood Service Center
General category
UNKNOWN
Zone area
84.69 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1993
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Ka Nortena Market Porperties LLC
Entity
Mailing address
6109 SW 124TH AVE, BEAVERTON, OR 97008-4725
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
$850,000
Ka Nortena Market Porperties LLC
Padilla Marin Austeberto
Warranty Deed
$345,700 · Key Bank NA
Apr 21, 2021
—
La Nortena INC
Austreberto Madilla Marin
Quitclaim Deed
related
$433,000 · Key Bank NA
Apr 2, 2010
$700,000
Padilla Marin Austreberto
H Joseph Leach
Bargain And Sale Deed
$630,000 · Wells Fargo Bank NA
Oct 29, 2009
—
Catherine J Leach
Leach David L
Quit Claim Deed
related
—
Aug 29, 2007
—
David L Leach
Leach,catherine J
Quit Claim Deed
—
Jul 14, 2006
—
Catherine J Leach
Leach,david L
Quit Claim Deed
—
Jan 15, 1992
$50,000
David L Leach
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.
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