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Property profile & analytics
OFF-MARKET
Land

1670/1746 Lombard St Portland, OR 97211

0.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.66-acre commercial land parcel, located at 1670/1746 NE Lombard St, Portland, OR 97211, presents a compelling investment opportunity. Situated in Multnomah County, this cleared, gently sloping lot boasts 28,749 square feet and offers road frontage with paved access. The property is zoned for potential development, with preliminary plans suggesting the possibility of constructing up to 20 units, including parking. Its strategic location near Portland International Airport (PDX) and the NE Columbia industrial area makes it highly attractive for various development projects, including starter homes. The property includes two lots and benefits from readily available utilities, including electricity, public sewer, and water. Annual property taxes for 2023 were $4,329. Detailed plans are available upon request. This is a cash sale. The property is served by Woodlawn Elementary, Ockley Green Middle, and Jefferson High schools. This prime location and development potential make this a rare find, priced to sell. Don't miss this chance to acquire a valuable asset in a thriving Portland neighborhood.

Property profile
Verified
Property type Land
Lot 0.66 ac (28,750 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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