Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    585 SE 4TH Ave Estacada, OR 97023

    View on Map
    Claim this Listing
    Picture of Single family properties at 585 SE 4TH Ave, Estacada, OR
    For Sale
    $600,000

    LAND - Estacada, OR

    Type:Single Family Residence
    Lot size:
    3.94 Acres
    Added:
    Dec 8, 2025
    Days on Market:
    138
    Last Refresh:
    Apr 25 at 9:06 am

    Property Features for 585 SE 4TH Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    R2
    Standard status
    Active
    APN
    00946980
    Lot size
    3.94 Acres

    Taxes and HOA fees

    Tax Description
    SECTION 28 TOWNSHIP 3S RANGE 4E QUARTER BB TAX LOT 00100 and SECTION 21 TOWNSHIP 3S RANGE 4E QUARTER CD
    Tax Annual Amount
    2472

    We can help!

    Listing Contact
    Chris Eads

    Listing agent Chris Eads

    Listing office Oregon First 123 E Powell Blvd Ste 101, Beaverton, OR

    Listing date Dec 8, 2025

    MLS# 309001729 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land For Sale, Estacada, OR

    This is a 3.94-acre land parcel located in Estacada, Clackamas County, Oregon. The property is zoned R2 and is intended for single-family properties and residential income properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Estacada
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.328562
    Latitude
    45.287691

    Nearby Similar for Sale

    • $729,900
      2,872 SF

      Spacious Home with Attached ADU

      4-bed, 2.5-bath home with 2-bed, 1-bath ADU.
      504 NE TRILLIUM Dr, Estacada, OR 97023
      View Details
    • $659,900
      2,680 SF

      Multigenerational Living or Income Potential

      Duplex in Estacada with ADU, ideal for dual living.
      1048 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $659,900
      2,680 SF

      Estacada Multifamily Property with ADU

      Multifamily property with attached ADU, ideal for dual living.
      690 E 1ST Ave, Estacada, OR 97023
      View Details
    • $659,900
      2,680 SF

      Multigenerational Living with ADU Potential

      Multifamily property with attached ADU, perfect for added income.
      1018 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $659,900
      2,680 SF

      Estacada Multifamily Home with ADU

      Multigenerational living or income potential with attached ADU.
      1054 NE REGAN HILL Loop, Estacada, OR 97023
      View Details
    • $1,595,000
      5,000 SF

      Estacada Brewery and Restaurant ForSale

      Fully operational brewery and restaurant in the heart of Estacada.
      326 S Broadway Street, Estacada, OR 97023
      View Details
    • $1,250,000

      60 Acre Golf Course Property

      60-acre golf course with equipment, residence, water rights, ponds.
      25230 S WALLENS Rd, Estacada, OR 97023
      View Details
    • $379,000
      1,248 SF

      Mixed-Use Property in Estacada

      Mixed-use commercial property with storefronts and residential unit.
      356 S BROADWAY, Estacada, OR 97023
      View Details
    • $1,950,000

      Estacada Specialty Property For Sale

      Specialty property available in Estacada, Oregon.
      20189 S Springwater Rd, Estacada, OR 97023
      View Details
    • $599,000
      1,188 SF

      Commercial Property in Prime Location

      Commercial property with active lease and owner-occupancy opportunity.
      581 NE MAIN, Estacada, OR 97023
      View Details
    • $1,950,000
      10,031 SF

      Brewery and Public House For Sale

      Estacada brewery with public house and beer garden on 4.5 acres.
      20189 S Springwater Rd, Estacada, OR
      View Details

    FAQs

    What type of property is this?
    Single family property - Land for sale in Estacada, Oregon with R2 zoning.
    Where is this single family property located?
    The property is located at 585 SE 4TH Ave Estacada, OR.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Convenient Location: Coordinates provided for easy mapping.; Property Details Included: Availability of additional property details.; Specific Location Data: Precise latitude and longitude coordinates offer accurate location identification.
    (503) 807-9462
    We can help!
    Listing Contact
    Chris Eads
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!