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    I-84 181St Ave Portland, OR 97230

    Sponsored
    For Sale
    Contact for pricing

    High-visibility retail space near major employers.

    Property size:
    1,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at the intersection of I-84 and NE 181st Avenue in Portland, Oregon (zip code 97230), offers a prime opportunity for businesses seeking high visibility and accessibility. The site boasts a drive-thru capability and excellent exposure to a major interstate highway and a busy arterial road, ensuring significant traffic flow and brand awareness. The property sits on a substantial 56,467 square foot lot and offers flexible retail space ranging from 1,900 to 2,665 square feet, adaptable to various business needs. Its strategic location within Multnomah County places it in a high-employment area, benefiting from the proximity to several major employers. These include the US Bank Columbia Center, Albertsons Distribution and Support Center, John Deere Distribution Center, Grocery Outlet Distribution Center, and Boeing. The area also features established retail presence, with nearby businesses such as McDonald's, Burger King, and 24 Hour Fitness, creating a vibrant and thriving commercial environment. This property is for sale and presents a compelling investment opportunity for businesses seeking a high-traffic, easily accessible location in a strong economic area.

    Property Features for I-84 181St Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,900 SF

    HighLights

    • High‑visibility drive‑thru pad site with excellent Interstate 84 and NE 181st Avenue exposure.
    • Strong location in a high‑employment area near major employers such as US Bank, Albertsons, John Deere, Grocery Outlet, and Boeing.
    • Surrounded by complementary retailers including McDonald's, Burger King, and 24 Hour Fitness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -122.5040714
    Latitude
    45.5423119

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space near major employers.
    Where is this retail property located?
    The property is located at I-84 181St Ave Portland, OR.
    What are key features of this property?
    This property features: High-visibility drive-thru pad site with excellent Interstate 84 and NE 181st Avenue exposure.; Strong location in a high-employment area near major employers such as US Bank, Albertsons, John Deere, Grocery Outlet, and Boeing.; Surrounded by complementary retailers including McDonald's, Burger King, and 24 Hour Fitness.
    Request Owner's contact information
    I-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
    I-84 181St Ave Portland, OR 97230
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