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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Assisted living facilities
6647 Frances St Hillsboro, OR 97123-6453
Individually Owned
19-yr Hold
Property ID
US71-1840738
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2004
Construction
WOOD FRAME
Total area
3,608 SF
Lot
0.3 ac (13,068 SF)
Zoning code
SFR-7
APN
1S203DA-00700
UPID
US71-1840738
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
$637k
Blend (final)
Blend
$635k
Owner & transaction history
Cristinel Dan Mangiurea · 19 yrs held
Cristinel Dan Mangiurea
since 2007
5 recorded transactions
Zoning & alternative use
SFR-7 · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$920,000
+27.8%
Retail stores
$860,000
+19.4%
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)
$720,000
Current use
COMMERCIAL (GENERAL)
$920,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$860,000
Change: +19% · Conversion: Difficult
WAREHOUSE, STORAGE
$645,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$176 / 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
$6,276
Tax year 2023
Assessed value
$372,490
Assessed 2023
Previous assessed
$361,650
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$239,290
Improvement market value
$573,630
Total market value
$812,920
Applied tax rate
29.0000
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
2004
Construction
WOOD FRAME
Heating
BASEBOARD
Cooling
AC.CHILLED WATER
Bathrooms
1
Total area
3,608 SF
Lot
0.3 ac (13,068 SF)
Zoning code
SFR-7
APN
1S203DA-00700
UPID
US71-1840738
Jurisdiction
WASHINGTON
Zoning & alternative use
SFR-7 · Hillsboro, OR
Zoning SFR-7 · permitted uses
SFR-7 · 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
$720,000
COMMERCIAL (GENERAL)
Est. value
$920,000
RETAIL STORES
Est. value
$860,000
WAREHOUSE, STORAGE
Est. value
$645,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2004
Construction
WOOD FRAME
Heating
BASEBOARD
Cooling
Yes
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Cristinel Dan Mangiurea
Individual
Mailing address
6647 SE FRANCES ST, HILLSBORO, OR 97123-6453
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2007
$550,000
Cristinel Dan Mangiurea
Augustin Murar
Warranty Deed
$412,500 · Jpmorgan Chase Bank NA
May 3, 2004
$145,000
Augustin Murar
Pedersen,richard M & Jan E
Grant Deed
$99,000 · America's Wholesale Lender
Nov 12, 2002
—
Richard M Pedersen
Waite,jan E
Grant Deed
$85,000 · Wells Fargo Home Mortgage INC
Apr 26, 1996
$85,000
Richard M Pedersen
Bancroft,richard E
Grant Deed
$68,000 · First Technology FCU
Sep 3, 1991
$63,000
Richard E Bancroft
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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