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    17948 E Burnside St Portland, OR 97233

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    For Sale
    $990,000

    One acre development site with five existing rental units.

    Property size:
    1 SF
    Lot size:
    1.00 Acre

    Property Features for 17948 E Burnside St

    General Information

    Size
    1 SF
    Lot size
    1.00 Acre

    Source: Nicholas Diamond Agent Nicholas Diamond

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

    Overview

    High Density Development Opportunity

    This is a one-acre (43,560 square feet) high-density development opportunity with five existing rental units. The site includes an improvement size of 1,440 square feet. The zoning is Gresham SC - Station Centers, allowing for a maximum of 60 units per acre. The property is located between E Burnside and SE Stark Street, adjacent to the TriMet Stop at 181st and E Burnside. It is a transit-oriented development opportunity within a Portland Qualified Census Tract.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.4782494
    Latitude
    45.5213445

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    FAQs

    What type of property is this?
    Land - One acre development site with five existing rental units.
    Where is this land located?
    The property is located at 17948 E Burnside St Portland, OR.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - High-density development opportunity: Zoning allows for a maximum of 60 units per acre.; - Prime location: Adjacent to the TriMet stop at 181st and E Burnside.; - Large lot size: ±1.00 AC (43,560 SF).
    (503) 222-2655
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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
    17948 E Burnside St Portland, OR 97233
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