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    1214 NW Eastman Pkwy Gresham, OR 97030

    Picture of Commercial land at NW Eastman Pkwy 1214, Gresham, OR
    For Sale
    $2,438,400

    COMMERCIAL - Gresham, OR

    Property size:
    2,400 SF
    Lot size:
    1.12 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1214 NW Eastman Pkwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DTM
    APN
    R337498
    Size
    2,400 SF
    Lot size
    1.12 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Floors in Building
    1
    Building materials
    WoodFrame
    Roof type
    Tar/Gravel, Composition

    Mal & Seitz Real Estate (360) 313-7870 [email protected]

    Listing agent Chris Wagner (503) 667-1200

    Listing date Oct 1, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gresham Commercial Land Opportunity

    This commercial land is located in Gresham, Oregon, and consists of 5 tax lots. The property is situated directly across from Gresham City Hall. One lot is bare land, two have residences, one has a commercial metal building, and one has a multi-tenant commercial use building. The zoning is DTM, which supports institutional uses such as government offices, and allows a mix of residential, commercial, and employment uses at a mid-rise intensity. The property is located in an Opportunity Zone, Census Tract 41051010001. The lot size is 1.12 acres and one of the buildings has a property size of 2,400 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Catering Service Seafood Restaurant Fish Market Diner Shoe Repair Car Rental Wine and Liquor Store Tech Support Center Mobile Phone Store Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.43494
    Latitude
    45.50583

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    FAQs

    What type of property is this?
    Commercial land - Commercial land in Gresham, Oregon, across from City Hall.
    Where is this commercial land located?
    The property is located at 1214 NW Eastman Pkwy Gresham, OR.
    What is the asking price?
    The asking price for this property is $2,438,400.
    What are key features of this property?
    This property features: - Located directly across from Gresham City Hall.; - Opportunity Zone location.; - DTM Zoning allows for a mix of residential, commercial, and employment uses.
    (503) 667-1200
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1214 NW Eastman Pkwy Gresham, OR 97030
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