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Property profile & analytics
FOR SALE
Office Spaces
7080 SW Fir Loop, Tigard, OR 97223
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0947794
For Sale
1 / 2
$2,800,000
7080 SW Fir Loop, Tigard, OR 97223
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Total area
11,376 SF
Lot
0.66 ac (28,750 SF)
Zoning code
C-P
APN
2S101DB-01000
UPID
US71-0947794
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
Current use
Occupant on record · Public records
-
Family Resource Home Care Home Health Care Service
-
Matthew A. Scott, MSW Foster Care Service Social Service Agency
-
Lloyd N. Campbell, LCSW Foster Care Service Social Service Agency
-
Hansen Hunter & Co. PC Financial Advisor
-
Engineering Bradford Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$2.80M
Owner & transaction history
Oregon Department Of Transportation · 2 yrs held
Oregon Department Of Transportation
since 2024
Last sale
$7,500
7 recorded transactions
Zoning & alternative use
C-P · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+18.0%
Auto repair, garage
$3.5M
+5.2%
Medical building
$3.4M
+4.0%
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 Tigard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tigard 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
COMMERCIAL (GENERAL)
$3,305,000
Current use
RESTAURANT
$3,895,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,475,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$3,435,000
Change: +4% · Conversion: Easy
RETAIL STORES
$3,415,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$3,290,000
Change: 0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,025,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $8k (May 8 2024)
Last sale anchor
$8k
May 8 2024
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
$246 / 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
$22,796
Tax year 2023
Assessed value
$1,295,090
Assessed 2023
Previous assessed
$1,295,090
+0.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$880,610
Improvement market value
$1,217,780
Total market value
$2,098,390
Applied tax rate
23.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1980
Heating
NONE
Total area
11,376 SF
Lot
0.66 ac (28,750 SF)
Zoning code
C-P
APN
2S101DB-01000
UPID
US71-0947794
Jurisdiction
WASHINGTON
Zoning & alternative use
C-P · Portland, OR
Zoning C-P · permitted uses
C-P · Portland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Portland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.3M
RESTAURANT
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1980
Heating
NONE
Lot
0.66 ac
Current owner
From public records · entity-resolved
Oregon Department Of Transportation
Entity
Mailing address
4040 FAIRVIEW INDUSTRIAL DR SE #2, SALEM, OR 97302-1142
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2024
—
Oregon Department Of Transportation
Geras LLC
Quit Claim Deed
related
—
May 8, 2024
$7,500
Department Of Transportation
Fir Loop Building LLC
Warranty Deed
—
Jan 2, 2020
$1,815,000
Fir Loop Building LLC
Shroyer Farms INC
Warranty Deed
$2,354,500 · Heritage Bank
May 3, 2019
—
Shroyer Farms INC
—
Deed
related
—
May 21, 2018
—
Shroyer Farms INC
—
Deed
related
—
May 2, 2016
—
Shroyer Farms INC
—
Deed
related
—
—
—
Shroyer Farms INC
—
Loan Modification
related
$75,000 · Citizens Bk
—
—
Shroyer Farms INC
—
Deed Of Trust
related
$50,000 · Citizens Federal Bank Fsb
—
—
Shroyer Farms INC
—
Loan Modification
related
—
—
—
Shroyer Farms INC
—
Deed Of Trust
related
—
—
—
Shroyer Farms INC
—
Loan Modification
related
—
—
—
Shroyer Farms INC
—
Deed Of Trust
related
—
—
—
Shroyer Farms INC
—
Loan Modification
related
—
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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