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Property profile & analytics
OFF-MARKET Estimated value $1,815,000
Retail space

6325 Cornelius Pass Rd Cornelius, OR 97124-9439

5,400 SF 0.93 ac lot Built 2015
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US71-1468814
Property summary
AI-generated overview

This exceptional 4,200 square foot retail space is available for lease in the vibrant city of Hillsboro, Oregon. Located at 6325 NW Cornelius Pass Rd, in Washington County, this single-tenant property offers a fantastic opportunity for businesses seeking a prominent location. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property's convenient location offers excellent visibility and accessibility, making it an ideal choice for a wide range of retail businesses. With ample space and a prime location in Hillsboro, this property presents a rare opportunity to establish a thriving retail presence in a growing market. The property is classified as Commercial Retail and is situated in a highly desirable area of Washington County, Oregon, with easy access to major transportation routes and a strong customer base. The zip code is 97124. This single-tenant building offers complete control and flexibility for the lessee. The property's size and location make it suitable for a variety of retail concepts. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The property is ready for immediate occupancy. The geographic coordinates are latitude 45.56568062 and longitude -122.89461358.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Total area 5,400 SF
Lot 0.93 ac (40,511 SF)
Zoning code C-G
APN 1N214D0-02400
UPID US71-1468814
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
$1.82M
Blend (final) Blend
$1.82M
Owner & transaction history
5 Pass LLC · 7 yrs held
5 Pass LLC
since 2018
6 recorded transactions
2019
Price N/A
2018
$1.6M
2018
Price N/A
2016
Price N/A
2015
Price N/A
1969
Price N/A
Zoning & alternative use
C-G · Cornelius, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.7M +33.6%
Commercial (general) $1.7M +33.2%
Restaurant $1.6M +26.8%
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