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    525 Oak St Portland, OR 97214

    For Sale
    Contact for pricing

    10,000 sq ft lot, 3500 sf building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional redevelopment opportunity in Portland's thriving Central Eastside. This 10,000 square foot lot boasts EX zoning, allowing for significant development potential. The property includes a functional 3500 square foot industrial building featuring a grade-level door, three-phase power, and ample yard/storage space on both sides, ideal for various uses such as a woodshop or light manufacturing. Its prime location, near SE Grand at Oak and SE 6th, offers unparalleled access to the area's vibrant growth. Over $1.5 billion in new investment has transformed the Central Eastside in the last decade, adding over 1 million square feet of Class A office space, 4500 new apartments, 5000 jobs, and 100 new businesses. This site provides a strategic location within this dynamic neighborhood, allowing for immediate use of the existing building while capitalizing on long-term development prospects. The property includes 20 parking spaces. The seller is open to exploring flexible financing options to facilitate a successful transaction. This is a rare chance to acquire a highly desirable property in one of Portland's most sought-after areas.

    Property Features for 525 Oak St

    General Information

    Property type
    Land

    HighLights

    • Exceptional redevelopment opportunity in Portland's Central Eastside.
    • 10,000 SF lot with EX zoning, offering significant development potential.
    • Existing 3,500 SF industrial building features grade‑level door, three‑phase power, ample yard/storage, and 20 parking spaces.
    • Prime location near SE Grand, Oak, and SE 6th, benefiting from over $1.5B in recent investment and substantial neighborhood growth.
    • Seller offers flexible financing options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Pharmacy Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.65979367961
    Latitude
    45.520092092439

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    FAQs

    What type of property is this?
    Land - 10,000 sq ft lot, 3500 sf building
    Where is this land located?
    The property is located at 525 Oak St Portland, OR.
    What are key features of this property?
    This property features: Exceptional redevelopment opportunity in Portland's Central Eastside.; 10,000 SF lot with EX zoning, offering significant development potential.; Existing 3,500 SF industrial building features grade-level door, three-phase power, ample yard/storage, and 20 parking spaces.
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    525 Oak St Portland, OR 97214
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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
    525 Oak St Portland, OR 97214
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