Goodfellow St, Ontario, OR 97914
This exceptional 2.29-acre commercial lot presents a rare opportunity in Ontario, Oregon. Strategically located on the corner of 5th Avenue and SE Goodfellow Street, this property boasts 330 feet of street frontage and enjoys unparalleled visibility from Interstate 84, just 0.6 miles from exit 376B. Zoned O-C2H for General Commercial Heavy, the lot is ideally suited for a variety of uses, including restaurants, retail, or other commercial ventures. The property benefits from its proximity to established businesses, including Winco Foods, Commercial Tire, Reel Movie Theatre, and Sunset Lanes Bowling alley, ensuring high foot traffic and brand recognition. Further enhancing its appeal, a proposed Marriott Hotel is planned for the adjacent lot, promising increased traffic and development in the immediate vicinity. This is one of the last remaining commercial lots on the east side of I-84 in this thriving area, making it a truly unique investment opportunity. The property's size and location offer significant potential for development and long-term growth. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area. The property's high visibility and strategic location make it an exceptional investment opportunity with significant potential for return.
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.