Listing Agency: NAI Elliott n***@naielliott.com Show Phone

Listed By: Joe Sandahl, CPM · License ##23528 Show Phone

Source: Moodyscre

Added: Nov 21, 2024 Changed: Jul 10 Last Checked: Aug 12 at 11:40AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

Property Analytics

Property Profile

Current Use

Specialty properties

Suggested Use

Top Pick Butcher Buffet (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Supermarket

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

7,214

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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Frequently Asked Questions

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.