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    3952 N Williams Ave Portland, OR 97227

    For Sale
    $1,650,000

    5,000 SF infill parcel with entitlements for 29 units.

    Property size:
    5,000 SF
    Lot size:
    5.00 Acres

    Property Features for 3952 N Williams Ave

    General Information

    Size
    5,000 SF
    Lot size
    5.00 Acres

    Source: Nicholas Diamond Agent Nicholas Diamond

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

    Overview

    Entitled Multifamily and Commercial Project

    This is an exceptional opportunity to develop a 5,000 SF infill parcel. The entitled project includes 29 multifamily units and 1 commercial space. The property is located along the thriving N Williams Corridor in the North Portland neighborhood of Boise, near downtown. Nearby transit includes TriMet bus lines. The zoning is CM3 - Commercial/Mixed-Use 3. The maximum FAR is 3:1 (up to 5:1 with Bonus), and the base height is 65’ (up to 75’ with Bonus). Tax exemptions are available via inclusionary housing. The project is surrounded by top-tier dining, boutique shopping, and notable employment opportunities, and is just 3 blocks from New Seasons Market.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6664128
    Latitude
    45.5516324

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    FAQs

    What type of property is this?
    Commercial land - 5,000 SF infill parcel with entitlements for 29 units.
    Where is this commercial land located?
    The property is located at 3952 N Williams Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Entitled project for **29 multifamily units and 1 commercial space** on a 5,000 SF infill parcel.; - Located in the thriving N Williams Corridor in the Boise neighborhood of North Portland.; - Zoning CM3 allows for Commercial/Mixed-Use 3.
    (503) 222-2655
    Request Owner's contact information
    3952 N Williams Ave Portland, OR 97227
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    Portland, OR 97227
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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
    3952 N Williams Ave Portland, OR 97227
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