Current Use by Public Records
- Land
Property Details for 25849 Callister Rd
- Lot size
- 0.83 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 0.83-acre industrial land parcel presents a unique investment opportunity in Gresham, Oregon. Located at 25849 SE Callister Rd, 97080, this fee-simple property is zoned for light industrial use and offers significant potential. The land is relatively flat, with minor slopes under 5%, and boasts approximately 250 feet of frontage on Mt. Hood Highway. While a curb cut may not be currently available, the potential for convenient right-in, right-out access exists. This property adjoins Gresham city limits, making annexation a possibility. The asking price is $450,000, translating to $15 per square foot. This represents a significant value proposition, especially considering the scarcity of available industrial land with similar characteristics in the region. The property's strategic location within the Springwater corridor, along with the potential for combining this parcel with an adjacent 7.5-acre industrial property (sold separately) and a nearby 6.5-acre parcel with a home and 3,000 square foot warehouse/shop, creates an opportunity to develop a highly visible project. Local Improvement Districts (LIDs) are available, though currently in limited supply. The APN is R 118873. This is a rare chance to acquire a well-situated industrial lot at a significantly reduced cost compared to similar properties in the area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gresham
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.393
- Latitude
- 45.4695
