Listing Agency: Capacity Commercial Group

Listed By: Nicholas Diamond · License #OR 200403266 Show Phone

Source: Crexi

Added: Sep 19, 2023 Changed: Sep 4 Last Checked: Sep 4 at 11:05AM

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Investment Insights

Based on property information with market context.

This commercial land offers a development opportunity in the Inner Eastside. The site encompasses 18,000 square feet, which is equivalent to 0.41 acres. The base Floor Area Ratio (FAR) is 6:1, with a maximum FAR of 9:1 achievable with a bonus. The maximum building height allowed is 100 feet. The zoning is EX - Central Employment. The property is located close to major employers and retailers.

Key Highlights

• High‑Visibility Development Opportunity
• Base FAR 6:1, Max FAR 9:1 with Bonus
• EX - Central Employment Zoning

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Adult Day Care Veterinary Clinic Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,974

Businesses Nearby

Explore this area Business Placement

Demographics for 97214, OR

28,403

Population

15,948

Households

1.8

Avg Household Size

36

Median Age

67%

College-Educated

98%

High-School Grad

2.9 sq mi

ZIP Area

9,794

Density / Sq Mi

$86,879

Median Household Income

$55,643

Median Earnings

$1,628

Median Rent

$733,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - High-visibility commercial land for sale in the Inner Eastside.

Where is this commercial land located?

The property is located at 234 - 240 Southeast Grand Avenue Portland, OR.

What are key features of this property?

This property features: High‑Visibility Development Opportunity; Base FAR 6:1, Max FAR 9:1 with Bonus; EX - Central Employment Zoning