232 State St Lake Oswego, OR 97034-3110
The purposes of the Park and Natural Area (PNA) zone are to: i. Protect, preserve, conserve and enhance natural areas, greenways and parks; ii. Permit a wide range of passive and active recreational uses, and accessory uses, on property for the future use and enjoyment of the City and its residents; iii. Implement Statewide Planning Goal 8, Recreational Need…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
PNA · Lake Oswego, ORThe purposes of the Park and Natural Area (PNA) zone are to: i. Protect, preserve, conserve and enhance natural areas, greenways and parks; ii. Permit a wide range of passive and active recreational uses, and accessory uses, on property for the future use and enjoyment of the City and its residents; iii. Implement Statewide Planning Goal 8, Recreational Needs; and iv. Establish a master plan process for park planning and development. b. Master Plans. A master plan, including master plan modifications, may be used by the park/natural area provider to plan for uses on PNA-zoned land, to provide for a coordinated plan that considers community needs, infrastructure and land use. PNA master plans are created pursuant to LOC § 50.07.004.6 , Parks and Natural Areas Master Plan. A master plan is a plan that is: i. Established by a park/natural area provider and the hearing body authorized to adopt the master plan, at the time of adoption or thereafter, found that it met the following requirements described in this section: (1) The minimum master plan element requirements; (2) The procedural requirements; (3) The master plan criteria requirements; and (4) If a modification of a master plan, the master plan modification requirements. ii. Established by a park/natural area provider and the City Manager found that it was a minor modification of a master plan and complied with the requirements of LOC § 50.07.004.6.e , Master Plan Modification, or iii. One of the following master plans adopted before December 12, 2006: (1) Canal Area Master Plan; (2) Luscher Farm Master Plan; (3) George Rogers Park Master Plan; and (4) Lake Oswego Trails and Pathways Master Plan. c. Site Development Limitations. i. Setbacks. The following setbacks shall apply: (1) Except as provided below, the setback of any respective yard (front, side, street side, or rear) shall be equal to the minimum required yard for the property adjacent to the respective yard’s lot line. (2) In cases where PNA-zoned property is adjacent to properties with two or more different yard requirements, the required setback for the yard adjacent to the properties with the two or more different yard requirements shall be equal to the average of the minimum yards required for the two or more abutting properties. (3) Setback requirements for any yard may be modified by the master plan. ii. Lot Coverage. The maximum lot coverage shall not exceed 35% or as established by the master plan. iii. Height of Structure.
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.