Listing Agency: SVN Imbrie Realty a***@svn.com Show Phone

Listed By: Alex Cordier · License #201232523

Source: Moodyscre

Added: Aug 22, 2025 Changed: Aug 17 Last Checked: Aug 20 at 5:06AM

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Investment Insights

Based on property information with market context.

This property is zoned and approved for the construction of up to 30 units. A 10-year tax exemption is available for property tax on all improvements. The maximum building height allowed is 65 feet. The base Floor Area Ratio (FAR) is 2:1, with potential bonuses increasing it to 4:1. No parking is required for the development. Seller financing options are available.

Key Highlights

• Zoned and Approved for up to 30 Units
• 10‑year tax exemption for property tax on all improvements available
• Base FAR 2:1 (4:1 with bonuses)

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Plumbing Service Supermarket Tanning Salon

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

5,460

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Land approved for 30 units with tax exemption.

Where is this land located?

The property is located at 2231 NW Pettygrove St Portland, OR.

What is the asking price?

The asking price for this property is $1,499,000.

What are key features of this property?

This property features: Zoned and Approved for up to 30 Units; 10‑year tax exemption for property tax on all improvements available; Base FAR 2:1 (4:1 with bonuses)