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    181St Ave Portland, OR 97230

    Sponsored
    For Sale
    $1,100,000

    Prime 35,719 SF commercial lot. High traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.82-acre (35,719 square foot) commercial land parcel presents a remarkable retail development opportunity in Portland, Oregon's vibrant Gresham area. Located in Multnomah County, zip code 97230, on NE 181st Ave, this property boasts a highly visible corner location with a combined daily traffic count of 35,839 vehicles. Its strategic placement offers freeway adjacency and proximity to numerous hotels, making it an ideal site for a variety of commercial ventures. The property is zoned MC (Moderate Commercial) and is priced at $1,100,000, or $30.80 per square foot. Multiple conceptual development plans are available for review. The site's advantageous location near major employers such as The Boeing Company, John Deere Regional Distribution Center, and American Honda Corporate Office ensures a strong potential customer base. The APN is R321445. This is a rare opportunity to acquire a well-situated, high-traffic commercial lot in a thriving market. Don't miss this chance to build your next successful business venture.

    Property Features for 0 181St Ave

    General Information

    Property type
    Land

    HighLights

    • Highly visible corner lot at NE Sandy and NE 181st.
    • 35,839 vehicles per day (VPD) combined traffic count.
    • Freeway‑adjacent location.
    • Near multiple hotels.
    • Multiple conceptual development plans available.
    • Proximity to Boeing, John Deere, and American Honda.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.47738155447
    Latitude
    45.546029350211

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    FAQs

    What type of property is this?
    Land - Prime 35,719 SF commercial lot. High traffic area.
    Where is this land located?
    The property is located at 181St Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Highly visible corner lot at NE Sandy and NE 181st.; 35,839 vehicles per day (VPD) combined traffic count.; Freeway-adjacent location.
    (503) 222-2655
    Request Owner's contact information
    181St Ave Portland, OR 97230
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    Portland, OR 97230
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    Realmo Value Estimation

    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.

    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.

    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
    181St Ave Portland, OR 97230
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