Redevelopment Land
For Sale
$1,400,000
150 SE 82nd Ave, Portland, OR 97216
For-sale land parcel on SE 82nd Avenue with planned arterial infrastructure improvements and flexible development options.
Property Size19,166 SF
Price / SF$696.52
Days on Market158
Property Features for 150 SE 82nd Ave
General Information
Standard status
Active
Size
19,166 SF
Property subtype
Vacant-User
Additional Details
Traffic Count
40,000 vehicles/day
Amenities
150 SE 82nd Ave presents a rare redevelopment opportunity for an owner-user along one of Portland's most prominent commercial corridors.
Positioned along SE 82nd Avenue, this property benefits from exposure to over 30,000 vehicles per day (VPD), making it one of Portland's highest-traffic arterials.
150 SE 82nd Ave sits in the heart of East Portland's commercial hub, surrounded by dense residential neighborhoods and established retail centers.
Building Details
Building Size
19,166 SF
Year Built
1965
Listing Agency:
Portland Office
(503) 200-2000
Listed By:
Joseph Dabush · License #OR: 201257377
(503) 200-2061
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 14
Last Checked: Aug 14 at 8:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Portland Office
Investment Insights
Based on property information with market context.
This for-sale land parcel at 150 SE 82nd Avenue is positioned for redevelopment with multiple potential value-creation pathways. The public remarks indicate flexible zoning that could support scenarios such as ground-floor retail with arterial exposure, multi-family residential, or owner-user development.
The site is located on SE 82nd Avenue, described as a major arterial carrying over 40,000 vehicles daily. The property also benefits from more than $185 million in planned infrastructure improvements, including street reconstruction, enhanced transit service, and economic development initiatives.
Additional demographics cited in the remarks include over 180,000 residents within three miles and average household incomes of $89,000+ in the Portland MSA, along with continued employment growth. Together, these factors are presented as supporting demand for housing and retail services along the corridor connecting East Portland neighborhoods to downtown and regional employment centers.
The site is located on SE 82nd Avenue, described as a major arterial carrying over 40,000 vehicles daily. The property also benefits from more than $185 million in planned infrastructure improvements, including street reconstruction, enhanced transit service, and economic development initiatives.
Additional demographics cited in the remarks include over 180,000 residents within three miles and average household incomes of $89,000+ in the Portland MSA, along with continued employment growth. Together, these factors are presented as supporting demand for housing and retail services along the corridor connecting East Portland neighborhoods to downtown and regional employment centers.
Key Highlights
- For‑sale land parcel on SE 82nd Avenue in Portland, built 1965.
- On a major arterial with over 40,000 vehicles daily (SE 82nd Avenue).
- More than $185 million in planned infrastructure improvements, including street reconstruction and enhanced transit service.
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,019
Businesses Nearby
Explore this area
Business Placement
Demographics for 97216, OR
17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - For-sale land parcel on SE 82nd Avenue with planned arterial infrastructure improvements and flexible development options.
Where is this commercial land located?
The property is located at 150 SE 82nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: For‑sale land parcel on SE 82nd Avenue in Portland, built 1965.; On a major arterial with over 40,000 vehicles daily (SE 82nd Avenue).; More than $185 million in planned infrastructure improvements, including street reconstruction and enhanced transit service.
