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    17th Ave At Portland, OR 97202

    Sponsored
    For Sale
    $203,720

    Prime 5,093 SF lot, $40/SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 5,093 square foot commercial land parcel is located in Portland, Oregon, at the intersection of SE 17th Avenue and SE Tibbetts, within Multnomah County, zip code 97202. Zoned EGI, this level, flat lot is priced at $203,720, or $40 per square foot. Its ideal location offers easy access to both downtown Portland and the Westside via SE 17th Avenue and Powell Boulevard. The property's flat topography makes it particularly suitable for a variety of commercial uses. Utilities are conveniently located in the street, simplifying development and operational costs. This property presents a unique opportunity for small contractors seeking a yard or lay-down area, providing convenient access to major transportation routes and the city's core business districts. The site's size and zoning make it a versatile option for various commercial ventures. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial lot in a thriving Portland neighborhood.

    Property Features for 17th Ave At

    General Information

    Property type
    Land

    HighLights

    • Excellent location for small contractor yard or storage.
    • Street utilities available.
    • Close proximity to Downtown and the Westside.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6486822
    Latitude
    45.5006323

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    FAQs

    What type of property is this?
    Land - Prime 5,093 SF lot, $40/SF
    Where is this land located?
    The property is located at 17th Ave At Portland, OR.
    What is the asking price?
    The asking price for this property is $203,720.
    What are key features of this property?
    This property features: Excellent location for small contractor yard or storage.; Street utilities available.; Close proximity to Downtown and the Westside.
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    17th Ave At Portland, OR 97202
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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
    17th Ave At Portland, OR 97202
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