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Property profile & analytics

North Ave North Plains, OR 97133

  • Mixed-use properties
  • 87,823 SF
  • 2.02 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Mixed-use properties

Property Details for 0 North Ave

Lot size
2.02 lot acres
Property size
87,823 SF
Property type
Mixed-use properties
Property subtype
Land

Description

This exceptional 2.016-acre (87,823 sq ft) commercial/mixed-use parcel is situated within the burgeoning Brynhill master-planned community in North Plains, Oregon. Located at NW Main St & NW North Ave (97133), this property is zoned NC - Neighborhood Commun and offers a unique chance to capitalize on the area's growth. Conceptual plans, including design review and conditional use permit approvals, exist for a development encompassing 44 multifamily units, 4,700 sq ft of commercial space, and 4,000 sq ft of flex commercial space (convertible to residential after two years). The multifamily units are envisioned across two buildings, one incorporating ground-floor commercial space. This prime location benefits from its inclusion in the North Plains UGB expansion area, a planned community featuring 461 residential lots, commercial development, active park areas, and communal green spaces. The asking price is $1,400,000, translating to $15.94 per square foot. Current density standards allow for 26-48 multifamily units. This presents a compelling investment opportunity within a thriving, expanding community. The property's size and zoning make it ideal for a variety of mixed-use developments, catering to the growing residential and commercial needs of the area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
North Plains
County
Washington
State
Oregon
Longitude
-123.002
Latitude
45.6017
More about this property
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