Listing Agency: Capacity Commercial Group n***@capacitycommercial.com Show Phone

Listed By: Nicholas Diamond · License #WA 25460

Source: Crexi

Added: Mar 6, 2024 Changed: Aug 19 Last Checked: Aug 20 at 7:37PM

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Investment Insights

Based on property information with market context.

Two lots are available together, presenting a permit-ready development site suitable for multifamily and retail space. Located in the Boise neighborhood of North Portland, the property is not subject to inclusionary zoning. Conceptual plans include two 4-story buildings with 30 units for multifamily and retail use. The location offers convenient access to TriMet bus lines, local restaurants, and retailers.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Storage Facility Pet Grooming Service Tanning Salon Auto Parts 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

2,739

Businesses Nearby

Explore this area Business Placement

Demographics for 97227, OR

6,058

Population

3,835

Households

1.6

Avg Household Size

35

Median Age

60%

College-Educated

93%

High-School Grad

1.4 sq mi

ZIP Area

4,327

Density / Sq Mi

$79,161

Median Household Income

$56,098

Median Earnings

$1,609

Median Rent

$595,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Permit-ready development site in North Portland's Boise neighborhood.

Where is this commercial land located?

The property is located at 4037 N Williams Ave Portland, OR.

What is the asking price?

The asking price for this property is $3,200,000.