Property profile

Goodfellow St Ontario, OR 97914

OFF-MARKET
Commercial real estate
2.29 ac lot
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Property summary

AI-generated overview

This exceptional 2.29-acre commercial lot presents a rare opportunity in Ontario, Oregon. Strategically located on the corner of 5th Avenue and SE Goodfellow Street, this property boasts 330 feet of street frontage and enjoys unparalleled visibility from Interstate 84, just 0.6 miles from exit 376B. Zoned O-C2H for General Commercial Heavy, the lot is ideally suited for a variety of uses, including restaurants, retail, or other commercial ventures. The property benefits from its proximity to established businesses, including Winco Foods, Commercial Tire, Reel Movie Theatre, and Sunset Lanes Bowling alley, ensuring high foot traffic and brand recognition. Further enhancing its appeal, a proposed Marriott Hotel is planned for the adjacent lot, promising increased traffic and development in the immediate vicinity. This is one of the last remaining commercial lots on the east side of I-84 in this thriving area, making it a truly unique investment opportunity. The property's size and location offer significant potential for development and long-term growth. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area. The property's high visibility and strategic location make it an exceptional investment opportunity with significant potential for return.

Property profile

Verified
Property type Commercial real estate
Lot 2.29 ac (99,752 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Goodfellow St Ontario, OR 97914
Ontario metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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