4410 Belmont StPortland, OR 97215
- Land
- 937 SF
Property Details for 4410 Belmont St
- Year built
- 1905
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 937 SF
- Zone code
- R1
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 1S2E06BB 11200
- APU
- 1S2E06BB11200
Description
This exceptional development opportunity presents a prime 5,336 square foot corner lot (APN R169534) located at 4410 SE Belmont St, Portland, Oregon 97215, in the desirable Sunnyside neighborhood. Zoned CM2, this property allows for a mixed-use development, currently permitted for a 19-unit multifamily building with ground-floor retail space. The four-story design incorporates a private resident courtyard. Importantly, this project is not subject to inclusionary zoning. The site's convenient location offers easy access to TriMet bus lines and a variety of nearby restaurants and shops. The asking price for this permit-ready development is $1,500,000. This represents a unique chance to capitalize on the strong demand for multifamily housing and retail space in this vibrant Portland neighborhood. The property's size and zoning provide significant flexibility for a developer seeking to create a high-quality, mixed-use project. This is a truly exceptional opportunity to acquire a fully permitted development site in a prime location. Don't miss out on this chance to build a thriving community asset.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $294,574
- Hospitality
- $269,828
- Educational
- $224,494
- Medical
- $232,215
- Retail
- $349,213
Location Insight
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Latitude
- 45.5163
- Longitude
- -122.617
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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