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    526 NE Alberta St Portland, OR 97211

    For Sale
    $1,810,000

    10,080 SF development land in vibrant Alberta Arts District.

    Property size:
    10,080 SF
    Lot size:
    10.00 Acres

    Property Features for 526 NE Alberta St

    General Information

    Size
    10,080 SF
    Lot size
    10.00 Acres

    Building Details

    Year built
    1907

    Source: Riley Henderson Agent Riley Henderson

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

    Overview

    Alberta Arts District Development Land

    This \u00b110,080 SF development land is located in the vibrant Alberta Arts District. The CM2 (Commercial/Mixed Use 2) zoning allows for multifamily and retail development opportunities. The maximum developable area is 40,320 SF, with a height limit of 45'. The property is situated on a prime development corner in the Alberta neighborhood, close to MLK Jr. Blvd. and I-5 Freeway. The Alberta Arts District is one of the city's most dynamic corridors. The location is near many notable retailers, restaurants, and amenities, including the brand new Cascada Hotel. It is located within a qualified Difficult Development Area (DDA).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6597874
    Latitude
    45.5588991

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    FAQs

    What type of property is this?
    Land - 10,080 SF development land in vibrant Alberta Arts District.
    Where is this land located?
    The property is located at 526 NE Alberta St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,810,000.
    What are key features of this property?
    This property features: - Prime development corner in the vibrant Alberta Arts District.; - CM2 zoning allows for multifamily and retail development opportunities.; - Maximum developable area of 40,320 SF with a 45' height limit.
    (503) 975-9301
    Request Owner's contact information
    526 NE Alberta St Portland, OR 97211
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    Portland, OR 97211
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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
    526 NE Alberta St Portland, OR 97211
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