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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6920 111th Ave Beaverton, OR 97008-5333

    • Warehouses
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US71-0249029
    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

    • Pull-It Corporation / Manufacturer

    Property Details for 6920 111th Ave

    Lot size
    0.99 lot acres
    Zone code
    IND
    Property type
    Warehouses
    APN
    1S122AC-11600
    APU
    1S122AC11600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaverton
    County
    Washington
    State
    Oregon
    Longitude
    -122.79
    Latitude
    45.4704
    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
    $19,827
    $0.00
    $0.00
    $938,220
    -
    $518,580
    $1,259,000
    $1,777,580

    Comparable in this City

    • Value Estimation by Request
      23,660 SF

      6750 111Th Ave

      Refrigerated & Cold Storages • 23,660 SF
      6750 111Th Ave, Beaverton, OR 97008
      View Details
    • Value Estimation
      $7,130,000
      50,730 SF

      6600 111th Ave

      WAREHOUSE, STORAGE • 50,730 SF
      6600 111th Ave, Beaverton, OR 97008-5340
      View Details
    • Value Estimation
      $3,290,000
      26,918 SF

      6770 111th Ave

      WAREHOUSE, STORAGE • 26,918 SF
      6770 111th Ave, Beaverton, OR 97008-5336
      View Details
    • Value Estimation
      $1,405,000
      7,894 SF

      6640 Fallbrook Pl

      WAREHOUSE, STORAGE • 7,894 SF
      6640 Fallbrook Pl, Beaverton, OR 97008
      View Details
    • Value Estimation
      $6,035,000
      39,770 SF

      6605 111th Ave

      WAREHOUSE, STORAGE • 39,770 SF
      6605 111th Ave, Beaverton, OR 97008-5337
      View Details
    • Value Estimation
      $8,320,000
      60,265 SF

      8199 Nimbus Ave, Unit A

      WAREHOUSE, STORAGE • 60,265 SF
      8199 Nimbus Ave, Beaverton, OR 97008-6414
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Beaverton Flex/Office Building For Sale

      Well-located 4,200 SF flex/office building with excellent freeway access.
      6175 SW 112Th Ave, Beaverton, OR 97008
      View Details
    • $294,000
      1,080 SF

      Beaverton Townhome with Creek Views

      Two-story townhome in Vose neighborhood with updated interior and balcony.
      11220 SW Bel Aire Ln, Beaverton, OR 97008
      View Details
    • $795,000
      2,990 SF

      Corner Lot Duplex in Beaverton

      Well-maintained duplex with flexible living options and income potential.
      8050 SW 103Rd Ave, Beaverton, OR 97008
      View Details
    • $899,000
      3,508 SF

      Beaverton Fourplex in Greenway Neighborhood

      Four-unit multifamily property with stable tenants and income potential.
      9750 SW Lookout Ter, Beaverton, OR 97008
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    • $314,900
      1,169 SF

      Remodeled Townhome Condo with Greenspace View

      Bright, remodeled 2BD/2BA condo with updated finishes and greenspace view.
      10295 SW Trapper Ter, Beaverton, OR 97008
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    • $8,000,000
      23,748 SF

      Beaverton Office Building For Sale

      Office building with water views and large outdoor deck.
      9405 SW Gemini Dr, Beaverton, OR 97008
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    Similar Nearby for Lease

    • Contact for pricing

      Flex Warehouse Space in Beaverton

      Flex warehouse space available for sublease in Parkside Business Park.
      8075 SW Nimbus Ave, Beaverton, OR 97008
      View Details
    • $19,900 /Mo
      23,418 SF

      Refrigerated Warehouse Space Available

      Temp-controlled warehouse space ideal for food processing and storage.
      6750-6770 SW 111Th Ave, Beaverton, OR 97008
      View Details
    • Contact for pricing
      3,928 SF

      Beaverton Warehouse Space Available

      Industrial warehouse space available for lease in Beaverton, Oregon.
      8105-8125 SW Nimbus Ave, Beaverton, OR 97008
      View Details
    • Contact for pricing

      Beaverton Flex Warehouse Space Available

      2,600 SF flex warehouse space in Parkside Business Park.
      8050 Southwest Nimbus Ave, Beaverton, OR 97008
      View Details
    • $16 SF/Yr
      23,660 SF

      Prime SW Portland Warehouse Space

      23,660 SF Warehouse, Refrigerated, Hwy 217 Access
      6750 111Th Ave, Beaverton, OR 97008
      View Details
    • Contact for pricing
      5,039 SF

      Beaverton Flex Office Park Space

      Flex office park space for rent in Beaverton, Oregon.
      9750-9792 SW Nimbus Ave, Beaverton, OR 97008
      View Details
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    6920 111th Ave
    Beaverton, OR 97008-5333
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    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
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