16501 Division St Portland, OR 97236
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.
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
Similar Nearby for Lease
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.