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Property profile & analytics
OFF-MARKET
Lifestyle centers

16501 Division St Portland, OR 97236

62,400 SF 11.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 62,400 square foot retail property, located at 16501 SE Division St in Portland, Oregon, presents a unique investment opportunity. The single-tenant building sits on a substantial 11.76-acre lot (512,168 square feet), offering ample space for expansion or future development. Currently, the entire 62,400 square feet is available for lease. The property boasts abundant parking, catering to the needs of both employees and customers. Its zoning designation, CE & RM2, allows for a variety of commercial uses, providing flexibility for potential tenants. Situated in Multnomah County, with a 97236 zip code, this location benefits from excellent visibility and accessibility. The property's size and location make it ideal for a wide range of retail businesses seeking a prominent presence in the Portland market. The expansive lot provides significant potential for future development or expansion, adding further value to this already impressive offering. This is a rare opportunity to acquire a large, well-located retail space in a thriving Oregon market. All 62,400 square feet are vacant and ready for immediate occupancy.

Property profile
Verified
Property type Lifestyle centers
Total area 62,400 SF
Lot 11.76 ac (512,266 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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