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    16925 Foster Rd Portland, OR 97236

    Sponsored
    For Sale
    $750,000

    5 Acres, RR Zoning, $750,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5-acre property presents a unique opportunity in desirable Portland, Oregon. Located at 16925 SE Foster Rd, in Multnomah County, zip code 97236 (APN r340746), this land parcel is zoned RR, allowing for a variety of uses. The expansive lot offers significant potential for both residential development and agricultural pursuits, making it an ideal investment for those seeking a blend of rural tranquility and urban convenience. The asking price is $750,000, and terms are negotiable. Situated in a prime location, this property provides easy access to Portland's amenities while maintaining a peaceful, secluded atmosphere. The property's versatility makes it suitable for a range of projects, from building a custom home to establishing a small farm or hobby farm. Its size and zoning provide ample space for various structures and landscaping options. The property's location offers a unique blend of rural and urban living, providing both privacy and proximity to city conveniences. Serious inquiries are encouraged to explore the possibilities this remarkable land parcel offers. The latitude and longitude coordinates are 45.4796668, -122.5146061 respectively. This is a rare opportunity to acquire a substantial piece of land in a highly sought-after area of Portland.

    Property Features for 16925 Foster Rd

    General Information

    Property type
    Farms
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre property in desirable Portland, Oregon, zoned RR.
    • Located at 16925 SE Foster Rd, Multnomah County, 97236 (APN r340746).
    • Asking price: $750,000, terms negotiable.
    • Suitable for residential development or agricultural use.
    • Offers a blend of rural tranquility and urban convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.5146061
    Latitude
    45.4796668

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    FAQs

    What type of property is this?
    Farm - 5 Acres, RR Zoning, $750,000
    Where is this farm located?
    The property is located at 16925 Foster Rd Portland, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 5-acre property in desirable Portland, Oregon, zoned RR.; Located at 16925 SE Foster Rd, Multnomah County, 97236 (APN r340746).; Asking price: $750,000, terms negotiable.
    Request Owner's contact information
    16925 Foster Rd Portland, OR 97236
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    Portland, OR 97236
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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
    16925 Foster Rd Portland, OR 97236
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