Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    West Linn Shovel-Ready Land Title is generated by Realmo AI

    Broadway, West Linn, OR 97068

    View on Map
    Claim this Listing
    For Sale
    $850,000

    LAND - WestLinn, OR

    Added:
    May 14, 2026
    Days on Market:
    8
    Last Refresh:
    May 21 at 4:06 pm

    Property Features for Broadway

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R4.5
    Standard status
    Active
    APN
    00566827

    Taxes and HOA fees

    Tax Description
    Tax Lots 22E30CB01800, 22E30CB01901 and 22E30CB01900
    Tax Annual Amount
    4147

    We can help!

    Listing Contact
    Jennifer Metzler

    Listing agent Jennifer Metzler

    Listing office Urban Pacific Real Estate 2033 N Alberta Street, Portland, OR

    Listing date May 14, 2026

    MLS# 588266002 Listing URL

    Copyright © 2026 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

    This is a rare shovel-ready development opportunity in West Linn. The property features finalized architectural and engineering plans in the final stages of permit approval for 7 attached townhomes. The townhomes offer generous square footage and stunning Mt. Hood views. Completed street front improvements significantly reduce the development timeline and upfront costs, allowing builders and investors to move quickly. The property is ideally located within walking distance of West Linn High School in one of the area's most desirable and walkable neighborhoods. This site is primed for a builder ready to capitalize on a streamlined path to construction with strong upside potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    West Linn
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.61729
    Latitude
    45.367289

    Nearby Similar for Sale

    • $1,100,000
      3,154 SF

      Triplex with Mountain Views

      Income-producing triplex with mountain views on a large corner lot.
      2088 OAK St, WestLinn, OR 97068
      View Details
    • $1,398,000

      West Linn Buildable Lot

      Buildable lot in gated community with mountain view potential.
      3595 Ghiglieri Ct, West Linn, OR 97068
      View Details
    • $2,800,000

      Tranquil Acres Backing State Park

      3.55 acres zoned R10, backs to Mary S. Young State Park.
      4510 MAPLETON Dr, WestLinn, OR 97068
      View Details
    • Contact for pricing

      West Linn Commercial Property For Sale

      Commercial property in Willamette neighborhood with high visibility and parking.
      1085 Willamette Falls Drive, West Linn, OR 97068
      View Details
    • $2,750,000

      Stafford Area Land with Water

      10 acres in Stafford with water rights and well.
      29435 SW MOUNTAIN #3, WestLinn, OR 97068
      View Details
    • $1,400,000

      Commercial Land in West Linn

      0.63 acres of commercial land for sale.
      18711 WILLAMETTE Dr, WestLinn, OR 97068
      View Details
    • $495,000

      West Linn Land Opportunity

      Six subdivided tax lots near Mary S Young State Park.
      19885 WILLAMETTE Dr, WestLinn, OR 97068
      View Details
    • $115,000

      West Linn Land Opportunity

      0.16-acre lot in desirable West Linn neighborhood.
      19155 NIXON Ave, WestLinn, OR 97068
      View Details
    • Contact for pricing

      Historic Office Building with Upgrades

      Freestanding office building with dedicated parking and river views.
      West Linn, OR 97068
      View Details
    • $495,000

      Land Near Mary S Young Park

      Six tax lots near park and shopping, close to I-205.
      19885 WILLAMETTE, WestLinn, OR 97068
      View Details
    • $989,900

      West Linn Development Opportunity

      1.5 acre parcel ready for development in West Linn.
      3893 CEDAROAK, WestLinn, OR 97068
      View Details
    • $1,450,000
      1,306 SF

      West Linn Tri-Plex Opportunity

      Tri-plex with recent updates and strong rental appeal.
      4645 Pine Street, West Linn, OR 97068
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Development opportunity with finalized plans for 7 townhomes.
    Where is this residential land & home lot located?
    The property is located at Broadway West Linn, OR.
    What is the asking price?
    The asking price for this property is $850,000.
    (503) 913-7395
    We can help!
    Listing Contact
    Jennifer Metzler
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Broadway, WestLinn, OR 97068
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!