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    11929 Airport Way Portland, OR 97220

    For Lease
    Contact for pricing

    Prime 2.12-Acre Commercial Land

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.12-acre commercial pad site is ideally located at 11929 NE Airport Way in Portland, Oregon, within Multnomah County (zip code 97220). The property is designated for single-tenant occupancy and presents a unique opportunity for businesses seeking a prominent location. With its expansive 2.12 acres, this land parcel offers significant development potential for a variety of commercial uses. The site's strategic location provides excellent visibility and accessibility, making it an attractive option for businesses aiming to establish a strong presence in the Portland market. The property is classified as commercial land, specifically a pad site, offering a blank canvas for custom development tailored to specific business needs. This is a single-tenant property, ensuring exclusive use and control. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for construction. Interested parties are encouraged to explore the possibilities this exceptional location offers. Its convenient access and ample space make it a highly desirable asset for businesses seeking growth and visibility in the vibrant Portland area. The property's coordinates are 45.5676384 latitude and -122.5404558 longitude. This is a for-lease opportunity.

    Property Features for 11929 Airport Way

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 2.12‑acre commercial pad site for lease at 11929 NE Airport Way, Portland, OR 97220 (Multnomah County).
    • Excellent access to I‑205 and Marine Drive, ideal for drive‑thru retail.
    • High‑employment area near PDX Airport, with nearby employers including Danner, Leatherman, and Kaiser Permanente.
    • Strong retail presence nearby, including Home Depot, Michaels, and multiple hotels and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fairfield Inn & Suites ... Hotel 11929 NE Airport ... Parking Lot

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.5404558
    Latitude
    45.5676384

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    FAQs

    What type of property is this?
    Land - Prime 2.12-Acre Commercial Land
    Where is this land located?
    The property is located at 11929 Airport Way Portland, OR.
    What are key features of this property?
    This property features: 2.12-acre commercial pad site for lease at 11929 NE Airport Way, Portland, OR 97220 (Multnomah County).; Excellent access to I-205 and Marine Drive, ideal for drive-thru retail.; High-employment area near PDX Airport, with nearby employers including Danner, Leatherman, and Kaiser Permanente.
    Request Owner's contact information
    11929 Airport Way Portland, OR 97220
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    Portland, OR 97220
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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
    11929 Airport Way Portland, OR 97220
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