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    10415 Main St Milwaukie, OR 97222

    Sponsored
    For Sale
    $625,000

    High-yield ATM land, redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 10,019 sq ft commercial land parcel in Milwaukie, Oregon (97222), located at 10415 SE Main St, presents a compelling investment opportunity. Currently occupied by a Key Bank drive-thru ATM under an absolute triple-net (NNN) lease expiring April 30, 2027, this property generates immediate income. The DMU zoning allows for flexible redevelopment options, maximizing future potential. The covered drive-thru ATM provides a secure and established revenue stream. The asking price is $625,000, translating to $95 per square foot. This property is situated in Clackamas County, offering convenient access to major transportation routes and a thriving community. The existing lease structure minimizes landlord responsibilities, making this an attractive option for passive income seekers and developers alike. The combination of current income and significant redevelopment potential makes this a rare find in the Milwaukie market. Don't miss this chance to acquire a prime commercial property with a strong return on investment.

    Property Features for 10415 Main St

    General Information

    Property type
    Land

    HighLights

    • $625,000 asking price for 10,019 sq ft commercial land parcel.
    • Located at 10415 SE Main St, Milwaukie, OR 97222.
    • DMU zoning allows for redevelopment.
    • Features a covered drive‑thru ATM currently leased to KeyBank.
    • Absolute NNN lease expiring April 30, 2027.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukie
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.64203299
    Latitude
    45.44774149

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    FAQs

    What type of property is this?
    Land - High-yield ATM land, redevelopment potential.
    Where is this land located?
    The property is located at 10415 Main St Milwaukie, OR.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price for 10,019 sq ft commercial land parcel.; Located at 10415 SE Main St, Milwaukie, OR 97222.; DMU zoning allows for redevelopment.
    (503) 595-7559
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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
    10415 Main St Milwaukie, OR 97222
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