Property profile

9399 Tanasbourne Dr Hillsboro, OR 97124

OFF-MARKET
Hotels
Property ID
US71-0432933
62,514 SF 1.16 ac lot Built 2014
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2014
Total area 62,514 SF
Lot 1.16 ac (50,530 SF)
Zoning code I-P
APN 1N225BA-02900
UPID US71-0432933

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
  • Hotel & Motel

Location

9399 Tanasbourne Dr Hillsboro, OR 97124-7840
Hillsboro metro Census 31617 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
$11.85M
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.21M

Owner & transaction history

since 2022
Last sale
$18.4M
5 recorded transactions
2022
$18.4M
2016
Price N/A
2013
$1.7M
2013
$2.5M
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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