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Property profile & analytics
OFF-MARKET
Estimated value
$2,765,000
Office Spaces
7905 Cherry Dr Hillsboro, OR 97124-8161
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0345317
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1997
Total area
8,195 SF
Lot
1.45 ac (63,162 SF)
Zoning code
I-P
APN
1N235AC-06800
UPID
US71-0345317
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
$2.76M
Blend (final)
Blend
$2.77M
Owner & transaction history
Roman Holdings Lcl · 4 yrs held
Roman Holdings Lcl
since 2021
7 recorded transactions
Zoning & alternative use
I-P · Hillsboro, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.6M
+0.3%
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
COMMERCIAL (GENERAL)
$2,605,000
Current use
MEDICAL BUILDING
$2,615,000
Change: +0% · Conversion: Easy
RESTAURANT
$2,480,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.77M
Range $2.49M – $3.04M · ±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
$337 / 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
$18,360
Tax year 2023
Assessed value
$1,089,760
Assessed 2023
Previous assessed
$1,058,020
+3.0% YoY
Effective rate
1.68%
On assessed value
Land market value
$990,070
Improvement market value
$1,148,730
Total market value
$2,138,800
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1997
Heating
NONE
Total area
8,195 SF
Lot
1.45 ac (63,162 SF)
Zoning code
I-P
APN
1N235AC-06800
UPID
US71-0345317
Jurisdiction
WASHINGTON
Zoning & alternative use
I-P · Hillsboro, OR
Zoning I-P · permitted uses
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
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
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
1997
Heating
NONE
Lot
1.45 ac
Current owner
From public records · entity-resolved
Roman Holdings Lcl
Entity
Mailing address
3075 NW PARK VW LN, PORTLAND, OR 97229-3446
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2021
—
Roman Holdings Lcl
Roman Holdings LLC
Bargain And Sale Deed
$585,000 · Key Bank NA
Oct 20, 2015
—
Roman Holding LLC
—
Trustees Deed
related
$175,000 · Ethel Lupuleasa
Dec 9, 2010
$1,000,000
Roman Holding LLC
Fttm LP
Warranty Deed
$509,500 · Key Bank & Trust
Sep 10, 2008
—
Fttm
—
Trustees Deed
related
$809,567 · Northwest Bank
—
—
Fttm LP
—
Deed Of Trust
related
$150,000 · Robert Evans Co INC
—
—
Roman Holdings LLC
—
Deed Of Trust
related
$509,500 · Key Bank & Trust
—
—
Roman Holding LLC
—
Deed Of Trust
related
$414,000 · Northwest Busn Dev Assn
—
—
Fttm LP
—
Deed Of Trust
related
$61,612 · Robert Evans Co INC
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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