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Property profile & analytics
OFF-MARKET
Estimated value
$6,970,000
Assisted living facilities
650 Oak St Hillsboro, OR 97123-4120
Entity Owned
10-yr Hold
Free & Clear
Property ID
US71-0813994
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1977
Total area
28,796 SF
Lot
1.81 ac (78,844 SF)
Zoning code
SCR-MD
APN
1S206AB-03700
UPID
US71-0813994
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
$6.97M
Blend (final)
Blend
$6.97M
Owner & transaction history
Ccp Hillsboro 1507 LLC · 10 yrs held
Ccp Hillsboro 1507 LLC
since 2015
4 recorded transactions
Zoning & alternative use
SCR-MD · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.2M
+59.4%
Restaurant
$8.7M
+51.4%
Commercial (general)
$7.4M
+27.8%
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
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$5,760,000
Current use
MEDICAL BUILDING
$9,180,000
Change: +59% · Conversion: Difficult
RESTAURANT
$8,715,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,360,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$6,875,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,420,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,145,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$6.97M
Range $6.27M – $7.67M · ±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
$242 / 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
$68,700
Tax year 2023
Assessed value
$4,077,740
Assessed 2023
Previous assessed
$3,958,980
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$1,761,450
Improvement market value
$3,956,080
Total market value
$5,717,530
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1977
Heating
NONE
Buildings
2
Bathrooms
1
Total area
28,796 SF
Lot
1.81 ac (78,844 SF)
Zoning code
SCR-MD
APN
1S206AB-03700
UPID
US71-0813994
Jurisdiction
WASHINGTON
Zoning & alternative use
SCR-MD · Hillsboro, OR
Zoning SCR-MD · permitted uses
SCR-MD · Hillsboro, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$9.2M
RESTAURANT
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$7.4M
RETAIL STORES
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.4M
WAREHOUSE, STORAGE
Est. value
$5.1M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1977
Heating
NONE
Buildings
2
Bathrooms
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Ccp Hillsboro 1507 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
21001 N TATUM BLVD STE #1630, PHOENIX, AZ 85050-4242
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2015
—
Ccp Hillsboro 1507 LLC
Nationwide Health Props INC
Warranty Deed
related
—
May 4, 2011
$9,982,359
Nationwide Health Props INC
Hillsboro Properties LLC
Grant Deed
—
Jun 11, 2004
—
Hillsboro Properties LLC
Peckham,louis D
Grant Deed
related
—
—
—
Louis D Peckham
—
Deed Of Trust
related
$500,000 · Us Bank NA Nd
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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