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Property profile & analytics
OFF-MARKET
Estimated value
$3,885,000
Retail space
8497 Warm Spgs St Tualatin, OR 97062-9089
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0804137
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
16,000 SF
Lot
1.51 ac (65,776 SF)
Zoning code
CC
APN
2S124CB-02200
UPID
US71-0804137
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
$3.88M
Blend (final)
Blend
$3.89M
Owner & transaction history
West Center LLC · 10 yrs held
West Center LLC
since 2015
7 recorded transactions
Zoning & alternative use
CC · Tualatin, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.1M
+42.5%
Restaurant
$4.8M
+35.3%
Commercial (general)
$4.4M
+23.9%
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 Tualatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tualatin 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
RETAIL STORES
$3,580,000
Current use
MEDICAL BUILDING
$5,100,000
Change: +43% · Conversion: Difficult
RESTAURANT
$4,845,000
Change: +35% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,435,000
Change: +24% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,555,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.89M
Range $3.50M – $4.27M · ±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
$243 / 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
$38,637
Tax year 2023
Assessed value
$2,198,820
Assessed 2023
Previous assessed
$2,134,780
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$2,041,820
Improvement market value
$2,479,720
Total market value
$4,521,540
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Heating
NONE
Total area
16,000 SF
Lot
1.51 ac (65,776 SF)
Zoning code
CC
APN
2S124CB-02200
UPID
US71-0804137
Jurisdiction
WASHINGTON
Zoning & alternative use
CC · Tualatin, OR
Zoning CC · permitted uses
CC · Tualatin, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tualatin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$5.1M
RESTAURANT
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
RETAIL STORES Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
1.51 ac
Current owner
From public records · entity-resolved
West Center LLC
Entity
Mailing address
18840 SW BOONES FRY RD STE #216, TUALATIN, OR 97062-9688
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Sep 21, 2015
$2,690,000
West Center LLC
Kzcenter LLC
Warranty Deed
$2,152,000 · Riverview Community Bank
Jan 14, 2011
—
Lzcenter LLC
Zeidman Trust
Grant Deed
—
Jul 2, 2008
—
Zelda Zeidman
—
Trustees Deed
related
—
Jun 13, 2006
—
Zeidman Trust
Zeidman,jerome & Zelda
Quit Claim Deed
related
—
Apr 25, 2005
—
Zelda Zeidman
—
Trustees Deed
related
$300,000 · Bank Of The Cascades
Mar 30, 2005
—
Jerome Zeidman
Zeidman,jerome & Zelda
Quit Claim Deed
related
—
—
—
Lzcenter LLC
—
Deed Of Trust
related
$640,000 · Northwest Bank
—
—
Lzcenter LLC
—
Deed Of Trust
related
$640,000 · Northwest Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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