0 Glisan St Gresham, OR 97030
This exceptional 0.55-acre commercial land parcel, situated at the northwest corner of NE 202nd Avenue and NE Glisan Street in Gresham, Oregon, presents a unique investment opportunity. The property boasts high visibility and accessibility, benefiting from its strategic location in the North Gresham neighborhood. Zoned Neighborhood Commercial (NC) by the City of Gresham, the site allows for a diverse range of uses, including gas stations, offices, affordable housing, restaurants (with drive-through capabilities), and various personal service retail businesses. This flexibility maximizes development potential and ensures a strong return on investment. Adding to its appeal, the property's location within an Opportunity Zone provides significant tax advantages for qualified investors. The lot encompasses 23,957 square feet and offers excellent proximity to major transportation routes, enhancing its convenience and accessibility. With its prime location, flexible zoning, and attractive financial incentives, this property represents a compelling opportunity for developers and investors seeking a high-impact commercial venture in a thriving Oregon community. The zip code is 97030, and the property is located in Multnomah County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.