Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    W Powell Loop Gresham, OR 97030

    Sponsored
    For Sale
    $829,000

    LAND - Gresham, OR

    Lot size:
    0.83 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 15 at 11:06 pm

    Property Features for W Powell Loop

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CMU
    APN
    R340411
    Lot size
    0.83 Acres

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent Nick Shivers (503) 548-4848

    Listing date Jan 15, 2026

    MLS# 719940208 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

    Gresham Land Development Opportunity

    This 0.83-acre property, comprising three connected parcels, presents a development opportunity with CMU zoning, allowing for a mix of commercial and residential uses. The zoning supports middle housing, multi-family units, retail, office space, or live-work concepts. The property is located off W Powell Blvd (Hwy 26), offering visibility and accessibility to nearby restaurants, shopping, and amenities. The site is located in Gresham, Oregon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.46741
    Latitude
    45.489136

    Nearby Similar for Sale

    • $625,000
      3,200 SF

      Updated Home with Income Potential

      4-bedroom, 2-bath home with income potential in Gresham, OR.
      994 NW Wallula Ave, Gresham, OR 97030
      View Details
    • New
      $449,900
      1,680 SF

      Gresham Duplex: Investment Opportunity

      Well-maintained duplex in Gresham with strong rental history and updates.
      18427 SE Yamhill St, Gresham, OR 97233
      View Details
    • New
      $599,000
      2,480 SF

      Gresham Duplex: Investment Opportunity

      Well-maintained duplex in Gresham, offering income potential and convenient location.
      912 NE Hacienda Ct, Gresham, OR 97030
      View Details
    • $825,000
      2,164 SF

      Remodeled Four-Unit Property in Gresham

      Fully remodeled four-unit property in the heart of Gresham, Oregon.
      234 NE Cleveland Ave, Gresham, OR 97030
      View Details
    • $599,000
      3,625 SF

      Gresham Triplex Investment Opportunity

      Charming triplex in Gresham with wonderful tenants and great location.
      645 W Powell Blvd, Gresham, OR 97030
      View Details
    • Contact for pricing

      Freestanding Building on Mount Hood Highway

      Highly visible building with frontage and on-site parking.
      735 SE Mt Hood Hwy, Gresham, OR 97080
      View Details
    • Contact for pricing

      Commercial Land in Downtown Gresham

      Over an acre of commercial land with development opportunities.
      225 Powell Blvd, Gresham, OR 97030
      View Details
    • Contact for pricing

      Updated Office Building on Large Lot

      Recently updated 5,364 SF office building on 1.23 acres.
      Gresham, OR 97080
      View Details
    • Contact for pricing

      Gresham Retail Building For Sale

      5,580 SF commercial building in downtown Gresham, Oregon.
      Gresham, OR 97030
      View Details
    • $1,950,000
      6,573 SF

      Downtown Gresham Investment Opportunity

      Turnkey medical office building with redevelopment potential.
      400 NE Roberts, Gresham, OR 97030
      View Details
    • $1,900,000
      9,750 SF

      Freestanding Former Bank Building

      Former bank building with drive-thru and parking in Gresham, OR.
      110 NE Roberts Ave, Gresham, OR
      View Details
    • $500,000
      3,116 SF

      Mixed-Use Property in Gresham, Oregon

      Well-maintained mixed-use property with retail and residential income potential.
      825 SE Mt Hood Hwy, Gresham, OR
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.83 acre CMU-zoned land suitable for mixed-use development.
    Where is this commercial land located?
    The property is located at W Powell Loop Gresham, OR.
    What is the asking price?
    The asking price for this property is $829,000.
    What are key features of this property?
    This property features: - 0.83 Acres of Land in 3 Connected Parcels; - CMU Zoning Allows for Versatile Commercial and Residential Development; - Prime Location Off W Powell Blvd (Hwy 26) with Excellent Visibility and Accessibility
    (503) 548-4848
    Request Owner's contact information
    W Powell Loop Gresham, OR 97030
    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.
    W Powell Loop
    Gresham, OR 97030
    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
    W Powell Loop Gresham, OR 97030
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.