0 181St Ave, Portland, OR 97230
This exceptional 0.82-acre (35,719 square foot) commercial land parcel presents a remarkable retail development opportunity in Portland, Oregon's vibrant Gresham area. Located in Multnomah County, zip code 97230, on NE 181st Ave, this property boasts a highly visible corner location with a combined daily traffic count of 35,839 vehicles. Its strategic placement offers freeway adjacency and proximity to numerous hotels, making it an ideal site for a variety of commercial ventures. The property is zoned MC (Moderate Commercial) and is priced at $1,100,000, or $30.80 per square foot. Multiple conceptual development plans are available for review. The site's advantageous location near major employers such as The Boeing Company, John Deere Regional Distribution Center, and American Honda Corporate Office ensures a strong potential customer base. The APN is R321445. This is a rare opportunity to acquire a well-situated, high-traffic commercial lot in a thriving market. Don't miss this chance to build your next successful business venture.
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
Similar Nearby for Sale
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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.