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    514 NE 181St Ave Portland, OR 97230

    For Sale
    Contact for pricing

    Former Rite Aid available for sale in NE Portland.

    Property size:
    17,190 SF
    Lot size:
    1.92 Acres

    Property Features for 514 NE 181St Ave

    General Information

    Size
    17,190 SF
    Lot size
    1.92 Acres

    Source: Urban Works Real Estate Agent Brian Greeley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Rite Aid For Sale

    This property is a former Rite Aid located on a busy intersection in Northeast Portland. The existing building is 17,190 square feet. The building includes a drive-thru window. Drive-thru quick-service restaurants are approved at this location if the site is redeveloped. The site benefits from freeway access and exposure to over 58,000 cars per day.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy CDReload by Crypto ... Crypto Atm Aimee K. Quesnel, ... Pharmacy Rite Aid Drug Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Matthew D. Kipp, PharmD, Pharmacy | Kaiser Permanente Rockwood Medical Office, Mindee L. Dewitt, PharmD, Healthy Life Nutrition, Your Nutrition Forever

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.4764563
    Latitude
    45.5268254

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    FAQs

    What type of property is this?
    Drug store - Former Rite Aid available for sale in NE Portland.
    Where is this drug store located?
    The property is located at 514 NE 181St Ave Portland, OR.
    What are key features of this property?
    This property features: - High traffic location with exposure to over 58,000 cars per day.; - Approved for drive-thru QSRs if the site is redeveloped.; - Existing drive-thru window.
    (503) 228-3080
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    Portland, OR 97230
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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
    514 NE 181St Ave Portland, OR 97230
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