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    2811 181St Ave Portland, OR 97230

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    For Sale
    Contact for pricing

    56,467 SF Outparcel, I-84 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 56,467 square foot commercial outparcel presents a remarkable investment opportunity in Portland, Oregon. Strategically located at the intersection of Interstate 84 and NE 181st Avenue, this property boasts unparalleled visibility and accessibility. Its prime location within a high-employment area ensures a robust customer base. The site is ideally suited for drive-thru retail development, capitalizing on the significant traffic flow along I-84 and NE 181st Avenue. Nearby major employers include the US Bank Columbia Center, Albertsons Distribution and Support Center, John Deere Distribution Center, Grocery Outlet Distribution Center, and Boeing, providing a substantial pool of potential customers. The surrounding area also features established retailers such as McDonald's, Burger King, and 24 Hour Fitness, further enhancing the site's desirability and potential for success. This property in Multnomah County, Oregon, offers a unique chance to establish a thriving business in a dynamic and rapidly growing market. The address is 2811 NE 181st Ave, Portland, OR 97230. This is a for-sale opportunity.

    Property Features for 2811 181St Ave

    General Information

    Property type
    Individual retail properties

    HighLights

    • 56,467 SF commercial outparcel land in Portland, OR.
    • High‑visibility drive‑thru pad site with I‑84 and NE 181st Ave exposure.
    • Excellent location near major employers (US Bank, Albertsons, John Deere, Grocery Outlet, Boeing).
    • Strong retail synergy with nearby McDonald's, Burger King, and 24 Hour Fitness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Courtyard Portland East Hotel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.4790102
    Latitude
    45.5436084

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    FAQs

    What type of property is this?
    Individual retail property - 56,467 SF Outparcel, I-84 Visibility
    Where is this individual retail property located?
    The property is located at 2811 181St Ave Portland, OR.
    What are key features of this property?
    This property features: 56,467 SF commercial outparcel land in Portland, OR.; High-visibility drive-thru pad site with I-84 and NE 181st Ave exposure.; Excellent location near major employers (US Bank, Albertsons, John Deere, Grocery Outlet, Boeing).
    Request Owner's contact information
    2811 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
    2811 181St Ave Portland, OR 97230
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