Property summary
This exceptional 2.12-acre commercial pad site is ideally located at 11929 NE Airport Way in Portland, Oregon, within Multnomah County (zip code 97220). The property is designated for single-tenant occupancy and presents a unique opportunity for businesses seeking a prominent location. With its expansive 2.12 acres, this land parcel offers significant development potential for a variety of commercial uses. The site's strategic location provides excellent visibility and accessibility, making it an attractive option for businesses aiming to establish a strong presence in the Portland market. The property is classified as commercial land, specifically a pad site, offering a blank canvas for custom development tailored to specific business needs. This is a single-tenant property, ensuring exclusive use and control. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for construction. Interested parties are encouraged to explore the possibilities this exceptional location offers. Its convenient access and ample space make it a highly desirable asset for businesses seeking growth and visibility in the vibrant Portland area. The property's coordinates are 45.5676384 latitude and -122.5404558 longitude. This is a for-lease opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Parking Lot & Garage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
EG2HSX · Portland, ORZoning
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Zoning designation
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The district profile from the municipal source: what is on file for EG2HSX in Portland, OR.
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