Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6660 Nyberg St Tualatin, OR 97062-8222

    • Retail space
    • 2,580 SF
    • 1.05 lot acres
    OFF-MARKET
    Last Sale
    Dec 20, 2022
    Value Estimations
    $860,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0805943
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 6660 Nyberg St

    Year built
    1969
    Lot size
    1.05 lot acres
    Property size
    2,580 SF
    Zone code
    CG
    Property type
    Retail space
    APN
    2S124DA-00100
    APU
    2S124DA00100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $858,000
      Market price range: $337k - $859k
      AI Estimate
      $858,000
      Market price range: $337k - $859k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $575,000
      Current use
      MEDICAL BUILDING
      $825,000
      Change: +43% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $715,000
      Change: +24% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tualatin
    County
    Washington
    State
    Oregon
    Longitude
    -122.745
    Latitude
    45.3823
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,552
    $0.00
    $0.00
    $1,226,510
    -
    $1,082,910
    $1,195,880
    $2,278,790

    Comparable in this City

    • Value Estimation
      $13,615,000
      40,890 SF

      19455 Martinazzi Ave, Unit F

      RETAIL STORES (PERSONAL SERVICES) • 40,890 SF
      19455 Martinazzi Ave, Tualatin, OR 97062-6353
      View Details
    • Value Estimation
      $4,655,000
      18,750 SF

      7070 Nyberg St Ste B

      RETAIL STORES (PERSONAL SERVICES) • 18,750 SF
      7070 Nyberg St Ste B, Tualatin, OR 97062-9333
      View Details
    • Value Estimation
      $5,985,000
      45,656 SF

      19480 Mohave Ct

      RETAIL STORES (PERSONAL SERVICES) • 45,656 SF
      19480 Mohave Ct, Tualatin, OR 97062-8500
      View Details
    • Value Estimation
      $2,515,000
      7,550 SF

      8375 Warm Spgs St

      RETAIL STORES (PERSONAL SERVICES) • 7,550 SF
      8375 Warm Spgs St, Tualatin, OR 97062-9003
      View Details
    • Value Estimation
      $630,000
      3,000 SF

      18445 86th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      18445 86th Ave, Tualatin, OR 97062-9413
      View Details
    • Value Estimation
      $2,610,000
      8,500 SF

      8365 Tonka St

      RETAIL STORES (PERSONAL SERVICES) • 8,500 SF
      8365 Tonka St, Tualatin, OR 97062-9087
      View Details

    Similar Nearby for Sale

    • $1,000,000
      56,280 SF

      Tualatin Commercial Land - $1M

      Prime Tualatin commercial lots, mixed-use potential.
      0 Boones Ferry Rd, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Tualatin Industrial Opportunity For Sale

      26,814 SF industrial building with showroom and warehouse space.
      Tualatin, OR 97062
      View Details
    • $1,569,000
      1.44 Acres

      Tualatin Retail Property - Income Potential

      Prime Tualatin retail land with existing buildings.
      18520 108Th Ave, Tualatin, OR 97062
      View Details
    • $1,158,360
      1.33 Acres

      Tualatin Commercial Land Investment

      Prime Tualatin location, high visibility.
      12205 Tualatin Rd, Tualatin, OR 97062
      View Details
    • $7,100,000
      36,400 SF

      Tualatin Industrial Property

      Prime Warehouse, 36,400 SF, Oregon
      8496-8498 Warm Springs St, Tualatin, OR 97062
      View Details
    • Contact for pricing

      Unique Flex Building in Tualatin

      Two-story, 51,012 SF flex building with high-tech features.
      20111 SW 112Th Ave, Tualatin, OR 97062
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,740 SF

      Retail Space with High Traffic

      Retail space with high traffic and easy access to I-5.
      19365 SW Martinazzi Ave, Tualatin, OR 97062
      View Details
    • Contact for pricing
      989 SF

      Retail Space in Tualatin, Oregon

      Retail space anchored by Fred Meyer with excellent daytime population.
      19200 SW Martinazzi Ave, Tualatin, OR 97062
      View Details
    • $24 SF/Yr
      916 SF

      Renovated Retail and Office Building

      Two-level retail and office building with modern amenities and parking.
      8101 SW Nyberg St, Tualatin, OR 97062
      View Details
    • $22 SF/Yr
      945 SF

      Retail Space in Tualatin Center

      Retail space available in upgraded Tualatin shopping center.
      7000-7080 SW Nyberg St, Tualatin, OR 97062
      View Details
    • $22 SF/Yr
      3,200 SF

      Retail Space in Tualatin Center

      Retail space in multi-tenant neighborhood center with high visibility.
      6700 SW Nyberg St, Tualatin, OR 97062
      View Details
    • Contact for pricing
      11,000 SF

      Retail and Restaurant Space Available

      Retail and restaurant spaces for lease in upcoming Tualatin development.
      12205 SW Tualatin Rd, Tualatin, OR 97062
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6660 Nyberg St
    Tualatin, OR 97062-8222
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.