Property profile

7920 Cherry Dr Hillsboro, OR 97124

OFF-MARKET
Auto shops
Property ID
US71-0348309
2,500 SF 3.16 ac lot Built 1998
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1998
Total area 2,500 SF
Lot 3.16 ac (137,650 SF)
Zoning code I-P
APN 1N235AC-00701
UPID US71-0348309

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Water Works Equipment Supplier Distribution Service

Location

7920 Cherry Dr Hillsboro, OR 97124-8161
Hillsboro metro Census 31625 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.52M

Owner & transaction history

since 2014
7 recorded transactions
2014
$1.5M
2013
$1.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-P · Hillsboro, OR
Zoning description

The I-P zone implements the Industrial Comprehensive Plan designation in the City newer industrial areas, providing opportunities for all types of industrial service, manufacturing, warehouse and wholesale uses, and limi…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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