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Property profile & analytics
OFF-MARKET
Land

0 Glisan St Gresham, OR 97030

0.55 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.55 ac (23,958 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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