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Property profile & analytics
OFF-MARKET
Estimated value
$13,855,000
Warehouses
701 158th Ave, Beaverton, OR 97006-4952
Entity Owned
Absentee Owner
Free & Clear
Property ID
US71-0263662
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
73,200 SF
Lot
4.92 ac (214,315 SF)
Zoning code
OI
APN
1S105BD-00200
UPID
US71-0263662
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
$8.59M
Comparable Approach
Comparable
$12.41M
Blend (final)
Blend
$13.86M
Owner & transaction history
Nike INC
Nike INC
since 2025
Last sale
$18.5M
6 recorded transactions
Zoning & alternative use
OI · Beaverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$22.2M
+69.4%
Commercial (general)
$20.0M
+53.0%
Retail stores
$17.5M
+33.6%
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 Beaverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beaverton 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
$12,740,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,300,000
6.5%
$8,585,000
7%
$7,970,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,085,000
Current use
RESTAURANT
$22,160,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$20,020,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$17,475,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$16,320,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$13.86M
Range $12.47M – $15.24M · ±10% · vs last sale $18.50M (Apr 8 2025)
Last sale anchor
$18.50M
Apr 8 2025
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
$189 / 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
$119,367
Tax year 2023
Assessed value
$5,648,430
Assessed 2023
Previous assessed
$5,483,920
+3.0% YoY
Effective rate
2.11%
On assessed value
Land market value
$3,053,990
Improvement market value
$8,385,340
Total market value
$11,439,330
Applied tax rate
51.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
NONE
Total area
73,200 SF
Lot
4.92 ac (214,315 SF)
Zoning code
OI
APN
1S105BD-00200
UPID
US71-0263662
Jurisdiction
WASHINGTON
Zoning & alternative use
OI · Beaverton, OR
Zoning OI · permitted uses
OI · Beaverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beaverton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.1M
RESTAURANT
Est. value
$22.2M
COMMERCIAL (GENERAL)
Est. value
$20.0M
RETAIL STORES
Est. value
$17.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.3M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1995
Heating
NONE
Lot
4.92 ac
Current owner
From public records · entity-resolved
Nike INC
Entity
Free & Clear · 0 yrs held
Mailing address
8201 164TH AVE NE STE #105, REDMOND, WA 98052-7615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
$18,500,000
Nike INC
Smartcap Cortez Vf2 LLC
Special Warranty Deed
—
Sep 25, 2020
$12,200
Smartcap Cortez Vf2 LLC
Gray Oaks LLC
Warranty Deed
—
Jun 13, 2019
—
Gray Oaks LLC
Gray Oaks Equities LLC
Quit Claim Deed
$5,700,000 · Barclays Cap R/e
Mar 5, 2004
$6,439,750
Gary Oak Equities LLC
Gus Enterprises Xii LLC
Grant Deed
related
$6,500,000 · Washington Capital Joint Maste
May 23, 1997
$10,125,000
Gus Enterprises Xii LLC
158th Baseline LLC
Grant Deed
$9,112,500 · Key Trust Co Of Ohio Trustee
—
—
Gary Oaks Equities LLC
—
Loan Modification
related
$4,935,000 · Washington Capital Joint Maste
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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