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Property profile & analytics
OFF-MARKET
Estimated value
$10,185,000
Warehouses
7090 Westmark Dr, Hillsboro, OR 97124-9379
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US71-0898595
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
69,649 SF
Lot
4.06 ac (176,854 SF)
Zoning code
SID I-P
APN
1N214CC-00700
UPID
US71-0898595
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
$10.19M
Blend (final)
Blend
$10.19M
Owner & transaction history
7090 Ne Westmark Drive LLC
7090 Ne Westmark Drive LLC
since 2026
7 recorded transactions
Zoning & alternative use
SID I-P · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$16.6M
+33.6%
Apartment house (5+ units)
$15.5M
+24.7%
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
WAREHOUSE, STORAGE
$12,450,000
Current use
RETAIL STORES
$16,625,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$15,530,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$10.19M
Range $9.17M – $11.20M · ±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
$146 / 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
$78,111
Tax year 2023
Assessed value
$4,636,350
Assessed 2023
Previous assessed
$4,501,320
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$2,520,400
Improvement market value
$9,924,150
Total market value
$12,444,550
Applied tax rate
1.0000
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
Heating
NONE
Total area
69,649 SF
Lot
4.06 ac (176,854 SF)
Zoning code
SID I-P
APN
1N214CC-00700
UPID
US71-0898595
Jurisdiction
WASHINGTON
Zoning & alternative use
SID I-P · Hillsboro, OR
Zoning SID I-P · permitted uses
SID I-P · 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
WAREHOUSE, STORAGE Current
Est. value
$12.5M
RETAIL STORES
Est. value
$16.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.5M
WAREHOUSE, STORAGE Current
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
Heating
NONE
Lot
4.06 ac
Current owner
From public records · entity-resolved
7090 Ne Westmark Drive LLC
Entity
Mailing address
450 DONDEE ST STE #10, PACIFICA, CA 94044-3267
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
—
7090 Ne Westmark Drive LLC
Alan Zatopa
Bargain & Sale Deed
$1,000,000 · Jpmorgan Chase Bank N A
Apr 23, 2020
—
Zatopa,a Alan 2017 Trust
—
Deed
related
$3,000,000 · Jp Morgan Chase Bk
Aug 8, 2017
—
Zatopa,a Alan 2017 Trust
Zatopa,a Alan
Quit Claim Deed
related
—
Jun 27, 2014
$6,750,000
A Alan Zatopa
Quartet Enterprises LLC
Special Warranty Deed
$2,910,000 · Jpmorgan Chase Bank NA
Oct 10, 2001
—
Quartet Enterprises LLC
—
Trustees Deed
related
$2,368,809 · West Coast Bank
—
—
Quartet Ents LLC
—
Deed Of Trust
related
$3,556,820 · Us Bank NA
—
—
Zatopa,a Alan 2017 Trust
—
Deed Of Trust
related
$3,000,000 · Jp Morgan Chase Bk
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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