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    223 Ave Gresham, OR 97030

    Sponsored
    For Lease
    Contact for pricing

    ±4,000 SF Buildable Lot in Gresham, OR

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional ±4,000 square foot commercial land pad presents a prime opportunity for development in the thriving city of Gresham, Oregon. Located at the intersection of NE Everett Street and 223rd Avenue in Multnomah County, this single-tenant pad offers unparalleled accessibility and visibility. The property's location within Gresham provides easy access to major transportation arteries, ensuring convenient commutes for employees and customers alike. The site is zoned for commercial use, making it ideal for a variety of businesses. This level, build-ready pad eliminates the need for extensive site preparation, saving both time and money during the construction phase. The property's size allows for the construction of a substantial building, providing ample space for a wide range of commercial ventures. With its strategic location and build-ready condition, this land pad represents a rare opportunity to establish a strong presence in a dynamic and growing market. The property is situated in the 97030 zip code and offers excellent potential for a variety of commercial uses. This is a single-tenant property, providing a clear and straightforward ownership structure. The coordinates for this property are latitude 45.52451543940421 and longitude -122.43380817013607. This is a rare opportunity to acquire a prime commercial lot in a desirable location.

    Property Features for 0 223 Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • Strong tenant mix including Walgreens, Pacific Dental, and other national and regional brands.
    • High visibility location directly across from Wood Village Town Center, anchored by major retailers.
    • Prime location at the hard corner of 223rd Avenue and NE Everett Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Catering Service Seafood Restaurant Fish Market Diner Shoe Repair Storage Facility Supermarket Chinese Restaurant Bike Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gresham
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.43380817014
    Latitude
    45.524515439404

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    FAQs

    What type of property is this?
    Individual retail property - ±4,000 SF Buildable Lot in Gresham, OR
    Where is this individual retail property located?
    The property is located at 223 Ave Gresham, OR.
    What are key features of this property?
    This property features: Strong tenant mix including Walgreens, Pacific Dental, and other national and regional brands.; High visibility location directly across from Wood Village Town Center, anchored by major retailers.; Prime location at the hard corner of 223rd Avenue and NE Everett Street.
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    223 Ave Gresham, OR 97030
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    Gresham, OR 97030
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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
    223 Ave Gresham, OR 97030
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