Listing Agency: Capacity Commercial Group Show Phone

Listed By: Nicholas Diamond · License ##200403266 Show Phone

Source: Moodyscre

Added: Jul 6, 2022 Changed: Oct 15 Last Checked: Oct 19 at 9:04AM

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Investment Insights

Based on property information with market context.

This residential development parcel is located in Goose Hollow, an inner Southwest Portland neighborhood. The site has RM2 zoning, making it suitable for multifamily development. The gross land area totals 16,000 square feet. The maximum floor area ratio (FAR) is 1.5:1, but it can be increased up to 3:1 through an affordable housing bonus, or up to 2.25:1 through other bonuses, including those for inclusive housing. The minimum unit density is 1 unit per 1,450 square feet of site area, and there is no maximum unit density.

Key Highlights

• RM2 zoning ideal for multifamily development.
• 16,000 sq ft total gross land area.
• Potential for up to 3:1 max FAR through affordable housing bonus.

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Suggested Use

Top Pick Veterinary Clinic Electrical Service Buffet Butcher Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,378

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Frequently Asked Questions

What type of property is this?

Land - Residential development parcel in inner Southwest Portland's Goose Hollow.

Where is this land located?

The property is located at 1475 SW 20th Ave Portland, OR.

What is the asking price?

The asking price for this property is $530,000.

What are key features of this property?

This property features: RM2 zoning ideal for multifamily development.; 16,000 sq ft total gross land area.; Potential for up to 3:1 max FAR through affordable housing bonus.