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Development Opportunity on 3.88 Acres
For Sale
$685,000

1721 SW BUTLER, Gresham, OR 97080

Residential parcel ideal for future development near new subdivision.

Property SizeContact for details
Lot Size3.88 Acres
Days on Market208

Property Features for 1721 SW BUTLER

General Information

Standard status Active
Lot size 3.88 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $4,106

Amenities

Pasture
Private Road
Secluded
Trees
Listing Agency: KELLER WILLIAMS PDX CENTRAL
Listed By: BRENT MAXSON · License #920400264
Source: Corcoran
Added: Apr 6 Changed: Oct 28 Last Checked: Oct 28 at 9:14AM

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 KELLER WILLIAMS PDX CENTRAL

Rey
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Investment Insights

Based on property information with market context.

This 3.88-acre residential parcel presents a development opportunity. A new subdivision is nearing completion nearby, indicating momentum for new housing in the area. The existing home is currently owner-occupied, but the value lies in the land and its development possibilities. Preliminary concepts suggest the potential for a residential community, with room for multiple homes. A certified arborist tree inventory has been completed. Early discussions indicate utilities such as water and sewer may be extended from the north side of the property. Located along Butler Road, future development may include frontage improvements such as sidewalks. Depending on final engineering, grading and retaining solutions may be incorporated into a cohesive subdivision design. The surrounding area is experiencing growth, and the nearby new subdivision highlights the demand for new homes. Builders may envision a boutique subdivision, a cluster of new homes, or a luxury estate concept utilizing the full acreage. The existing residence provides flexibility for interim use while development plans are explored. This property offers scale, flexibility, and timing aligned with nearby development activity.

Key Highlights

  • Large 3.88‑acre residential parcel suitable for development.
  • Located near a brand‑new subdivision, indicating strong demand.
  • Preliminary concepts suggest potential for multiple homes. Buyer to verify with city.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Auto Repair Shop Bakery Furniture & Home Goods Garden Center

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

66
Businesses Nearby

Demographics for 97080, OR

45,647
Population
17,276
Households
2.6
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
21.6 sq mi
ZIP Area
2,113
Density / Sq Mi
$96,218
Median Household Income
$47,562
Median Earnings
$1,596
Median Rent
$485,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential parcel ideal for future development near new subdivision.
Where is this residential land & home lot located?
The property is located at 1721 SW BUTLER Gresham, OR.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Large 3.88‑acre residential parcel suitable for development.; Located near a brand‑new subdivision, indicating strong demand.; Preliminary concepts suggest potential for multiple homes. Buyer to verify with city.
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