Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    17Th Ave Portland, OR 97266

    Sponsored
    For Sale
    $11,500,000

    Prime Portland acreage: ideal development or HQ.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 2.53-acre land parcel, located at the intersection of SE 17th Avenue and SE Schiller Street in Portland, Oregon (zip code 97266), presents a compelling investment or user opportunity. The property is zoned for both Commercial Employment (CE) and General Industrial (IG1) uses, offering significant flexibility for a wide range of development projects. The site includes approximately 12,000 square feet of existing building space, although specifics on the building's condition and suitability are not provided. Utilities are readily available to the site, simplifying development plans. A key advantage is the property's direct adjacency to the MAX Orange Line, providing excellent public transportation access. The land is comprised of nine individual lots, potentially allowing for phased development or separate sales. Recent improvements include completed road infrastructure on SE 17th Avenue, enhancing accessibility and site value. The asking price for this strategically located property is $11,500,000. This represents a significant opportunity for developers, investors, or businesses seeking a prominent location in Portland's thriving industrial and commercial sector. The property's size, zoning, and transit accessibility make it an attractive proposition for a variety of uses. Further due diligence is recommended to fully assess the potential of this exceptional offering.

    Property Features for 0 17Th Ave

    General Information

    Property type
    Land
    Lot Size
    110,207 SF

    HighLights

    • 2.53‑acre site with a ±12,000 SF building.
    • CE (Commercial Employment) and IG‑1 (General Industrial) zoning.
    • Utilities on‑site.
    • Directly adjacent to the MAX Orange Line.
    • Consists of nine combined lots.
    • New road infrastructure completed on SE 17th.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.5593741
    Latitude
    45.4863921

    Nearby Similar for Sale

    • New
      $1,475,000
      5,899 SF

      Turn-Key Multifamily Investment Opportunity

      Well-maintained, income-generating property in Mill Park neighborhood.
      2448 SE 117Th Ave, Portland, OR 97216
      View Details
    • New
      $1,745,000
      4,595 SF

      Craftsman Duplex with Panoramic Views

      Charming 1910 Craftsman duplex with old-world charm and views.
      2324 SW Cactus Dr, Portland, OR 97205
      View Details
    • $690,000
      0.11 Acres

      Richmond Duplex: Investment Opportunity

      Charming 1912 duplex in the heart of Richmond.
      3504 SE Sherman St, Portland, OR 97214
      View Details
    • New
      $474,900
      0.12 Acres

      Classic Portland Duplex Opportunity

      Rare Portland duplex with two units, ideal for investment.
      9023 SE Ankeny St, Portland, OR 97216
      View Details
    • $699,000
      2,164 SF

      Portland Duplex with Income Potential

      Spacious duplex in Portland, ideal for owners or investors.
      402 SE 75Th Ave, Portland, OR 97215
      View Details
    • $635,000

      Portland Multifamily Property For Sale

      North Portland multifamily property with remodeled units and ADU.
      6824 N Commercial Ave, Portland, OR 97202
      View Details
    • New
      $2,800,000
      7,065 SF

      New Multifamily Investment Opportunity

      Newly constructed, fully rented property with condo conversion potential.
      6061 NE Simpson St, Portland, OR 97218
      View Details
    • New
      $639,900
      1,447 SF

      Charming Concordia Home with ADU

      Updated 1949 home with permitted ADU near Alberta St.
      3286 NE Holman St, Portland, OR 97211
      View Details
    • $550,000

      Montavilla Mixed-Use Development Opportunity

      Quarter-acre lot in Portland's Montavilla neighborhood with commercial zoning.
      415 SE 94Th Ave, Portland, OR 97216
      View Details
    • New
      $6,999,000
      15,956 SF

      New Multifamily Portfolio in Portland

      Portfolio of 17 units in prime Portland locations.
      NE Ainsworth St, Portland, OR 97211
      View Details
    • New
      $889,900
      3,424 SF

      Two Homes, One Tax Lot

      Two homes on one lot in desirable John's Landing.
      6636 S Virginia Ave, Portland, OR 97239
      View Details
    • $839,900
      4,781 SF

      Portland Multifamily with Airbnb Potential

      Multigenerational living or short-term rental in Portland's SW Hills.
      3412 SW 13Th Ave, Portland, OR 97239
      View Details

    FAQs

    What type of property is this?
    Land - Prime Portland acreage: ideal development or HQ.
    Where is this land located?
    The property is located at 17Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $11,500,000.
    What are key features of this property?
    This property features: 2.53-acre site with a ±12,000 SF building.; CE (Commercial Employment) and IG-1 (General Industrial) zoning.; Utilities on-site.
    Request Owner's contact information
    17Th Ave Portland, OR 97266
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17Th Ave
    Portland, OR 97266
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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 Portland, OR 97266
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.