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    1631 SW Jefferson St Portland, OR 97201

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    For Sale
    $1,850,000

    Income-producing commercial property with flexible zoning and development potential.

    Property size:
    9,846 SF
    Lot size:
    0.23 Acres

    Property Features for 1631 SW Jefferson St

    General Information

    Size
    9,846 SF
    Lot size
    0.23 Acres

    Source: NAI Elliott Agent Joe Sandahl, CPM

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

    Overview

    Commercial Property with Development Potential

    This commercial property, zoned CXd, offers a flexible Central Commercial Zoning that allows for a broad range of commercial and mixed-use development. The property is currently 70% leased, providing significant income while development of the site is under consideration. The zoning allows for a Floor Area Ratio (FAR) of 4:1, with the possibility of a bonus FAR. The maximum height is 100 feet, with an eligible bonus up to 165 feet. The property size is 9846 square feet.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Law Firm Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6909429
    Latitude
    45.517949

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    FAQs

    What type of property is this?
    Specialty property - Income-producing commercial property with flexible zoning and development potential.
    Where is this specialty property located?
    The property is located at 1631 SW Jefferson St Portland, OR.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Development site with significant income potential while awaiting development.; - Flexible CXd Central Commercial Zoning allows for diverse commercial and mixed-use projects.; - High Floor Area Ratio (FAR) of 4:1, with potential bonus FAR.
    (503) 310-9973
    Request Owner's contact information
    1631 SW Jefferson St Portland, OR 97201
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    Portland, OR 97201
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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
    1631 SW Jefferson St Portland, OR 97201
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