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    84 181St Ave Portland, OR 97230

    For Lease
    Contact for pricing

    High-visibility I-84 location, 33,563 SF.

    Lot size:
    33,563 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail outparcel, situated at the high-traffic intersection of Interstate 84 and 181st Avenue in Portland, Oregon, presents a unique investment opportunity. The property boasts a total building size of 33,563 square feet, currently entirely vacant and ready for immediate occupancy by a single tenant. The expansive 0.77-acre lot (33,563 square feet) provides ample space for development and ensures excellent visibility from the busy interstate. Located in Multnomah County, with a 97230 zip code, this property benefits from its strategic location, offering unparalleled access to a large and diverse customer base. The single-tenant configuration simplifies management and leasing, making it an attractive option for investors seeking a straightforward and potentially high-return investment. The property's size and location make it ideal for a variety of retail uses, from large-format stores to restaurants and other commercial ventures. This is a rare opportunity to acquire a prominent retail space in a high-demand area of Portland. The property is currently available for lease. Detailed site plans and further information are available upon request.

    Property Features for 84 181St Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,563 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    33,563 SF

    HighLights

    • I‑84 and 181st Ave drive‑thru retail pad site.
    • High visibility from I‑84 and 181st Ave.
    • Strong co‑tenancy with McDonald's, Burger King, 24 Hour Fitness, and other retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.5057403
    Latitude
    45.5507889

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility I-84 location, 33,563 SF.
    Where is this individual retail property located?
    The property is located at 84 181St Ave Portland, OR.
    What are key features of this property?
    This property features: I-84 and 181st Ave drive-thru retail pad site.; High visibility from I-84 and 181st Ave.; Strong co-tenancy with McDonald's, Burger King, 24 Hour Fitness, and other retailers.
    Request Owner's contact information
    84 181St Ave Portland, OR 97230
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    Portland, OR 97230
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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
    84 181St Ave Portland, OR 97230
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