Hillsboro, OR
Commercial Real Estate Market Trends & Data

Hillsboro's Demographic Profile

Hillsboro has 39,021 households and a median income of $95,745, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 102,733
# Households 39,021
Median age 37
Median household income $95,745
Avg household size 3.0
Renter-occupied housing units 19,685
5-year population change 0%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hillsboro $360 56,452 SF 6.50%
Beaverton $336 44,861 SF 5.00%
Tigard $275 23,530 SF 6.75%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hillsboro $247 139,230 SF 6.00%
Aloha $383 34,704 SF 8.45%
Beaverton $245 104,125 SF 8.45%
Tigard $197 45,578 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Hillsboro $474 9,960 SF
Cornelius $414 7,241 SF
Aloha $430 5,750 SF
Beaverton $411 17,762 SF
Tigard $314 14,547 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Hillsboro $305 11,506 SF 6.66%
Aloha $215 57,878 SF 5.46%
Beaverton $245 28,780 SF 6.37%
Tigard $242 33,790 SF 6.37%

Commercial Properties For Sale in Hillsboro

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Bldg E

Hillsboro, OR 97124

  • 16,854 SF Flex Building
  • $499,900 - $799,900
For Sale

1875 NE Amberglen Pky

Beaverton, OR 97006

  • 2.21 AC Lot
  • 1 Commercial Lot
  • $3,000,000
For Sale

Mauzey

Hillsboro, OR 97124

  • 20,000 SF Industrial Building
  • 6.00% Cap Rate
  • $5,502,364
For Sale

First Tech Credit Union & Hillsboro Med.

Hillsboro, OR

  • 6.50% Cap Rate
  • $9,210,824
For Sale

Cornell Place Apartments

Hillsboro, OR 97124

  • 15,212 SF Multifamily
  • 6.66% Cap Rate
  • $3,150,000
For Sale

Suite 190

Hillsboro, OR 97124

  • 18,280 SF Flex Building
  • $499,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hillsboro pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hillsboro $332 111,990 SF
Cornelius $262 16,601 SF
Aloha $250 28,423 SF
Beaverton $348 48,754 SF
Tigard $267 25,978 SF

Regional Demographic Comparison

This comparison places Hillsboro alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hillsboro or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cornelius 11,608 3,449 37 $68,185 3 951 1%
Tigard 52,796 21,327 41 $92,365 2 8,935 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hillsboro, OR and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hillsboro

View All Commercial Real Estate For Sale in Hillsboro
Is Hillsboro a good market for a first-time commercial real estate investor?

Hillsboro offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hillsboro?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hillsboro. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hillsboro?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hillsboro. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hillsboro compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hillsboro. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hillsboro acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hillsboro, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.