Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1715-1743 Washington St Oregon City, OR 97045

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with approvals for 131-unit multifamily building.

    Lot size:
    2.14 Acres

    Property Features for 1715-1743 Washington St

    General Information

    Lot size
    2.14 Acres

    We can help!

    Listing Contact
    Skip Rotticci, Ccim
    Skip Rotticci, Ccim
    Source: Moodyscre

    Listing Agent: Skip Rotticci, Ccim

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

    Learn more

    Overview

    Multifamily Development Land For Sale

    This property features land use approvals for the construction of a 131-unit multifamily building. The site is eligible for vertical housing tax credits. It provides immediate access to Highway 99E and Interstate 205.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Oregon City
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.596297
    Latitude
    45.364814

    Nearby Similar for Sale

    • New
      $995,000
      2,932 SF

      Remodeled Fourplex on Corner Lot

      Midcentury fourplex with remodeled units, balconies, and fenced yards.
      718 9Th St, Oregon City, OR 97045
      View Details
    • $380,000
      1,344 SF

      Updated Duplex in Downtown Oregon

      Updated duplex near downtown Oregon City's shops and restaurants.
      1016 Center St, Oregon City, OR 97045
      View Details
    • New
      $724,900
      1,908 SF

      Updated Multifamily Property in Oregon

      Four-unit property with modern updates in historic Oregon City.
      911 Jq Adams St, Oregon City, OR 97045
      View Details
    • New
      $565,300
      1,453 SF

      Renovated Duplex in Oregon City

      Updated 1940s duplex with modern amenities and separate living spaces.
      418 Dewey St, Oregon City, OR 97045
      View Details
    • $1,090,000
      5,292 SF

      Clackamas County Religious Facility

      Rural religious facility suitable for church, school, retreat, or nonprofit.
      14767 South Henrici Rd, Oregon City, OR 97045
      View Details
    • $1,680,000
      8,020 SF

      Oregon City Mixed-Use Building

      Two-story mixed-use building with office and retail suites.
      712 Main St, Oregon City, OR 97045
      View Details
    • $1,950,000
      8,748 SF

      Historic Mixed-Use Delta Building

      8,748 SF mixed-use building in historic Oregon City.
      706-708 Main St, Oregon City, OR 97045
      View Details
    • Contact for pricing
      5,747 SF

      Freestanding Building on Full Acre

      Single-story commercial building with flexible interior and abundant parking.
      Oregon City, OR 97045
      View Details
    • Contact for pricing

      Oregon City Investment Opportunity

      Impressive office building with high occupancy and expansion potential.
      2895 South Beavercreek Rd, Oregon City, OR 97045
      View Details
    • Contact for pricing

      Oregon City Retail Pad For Sale

      NNN leased Dutch Bros outpad to grocery anchored shopping center.
      19131 Beavercreek Rd, Oregon City, OR 97045
      View Details
    • Contact for pricing

      Oregon City Office Building Opportunity

      Office building in Oregon City with conversion potential.
      194 Beverly Dr, Oregon City, OR 97045
      View Details
    • $1,900,000
      13,989 SF

      Downtown Oregon City Commercial Building

      Versatile commercial building in downtown Oregon City with parking.
      900 Main St, Oregon City, OR 97045
      View Details

    FAQs

    What type of property is this?
    Land - Land with approvals for 131-unit multifamily building.
    Where is this land located?
    The property is located at 1715-1743 Washington St Oregon City, OR.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Land use approvals in place for 131-unit multifamily building; - Site qualifies for vertical housing tax credits; - Immediate access to Highway 99E
    (503) 227-2500 Call to check price and availability
    Request Owner's contact information
    1715-1743 Washington St Oregon City, OR 97045
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1715-1743 Washington St
    Oregon City, OR 97045
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1715-1743 Washington St Oregon City, OR 97045
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Skip Rotticci, Ccim
    Skip Rotticci, Ccim
    Real Estate License ID: #200204348
    (503) 227-2500 (503) 314-0527 (503) 972-7284
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!