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4224 N Interstate Ave Portland, OR 97217
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Property profile & analytics

4224 N Interstate Ave Portland, OR 97217


  • Auto shops
  • 1,073 SF
  • 0.13 lot acres
Portland Overlook Development Opportunity For Sale
$400,000

Portland Overlook Development Opportunity

Development opportunity in Portland's Overlook neighborhood on North Interstate Avenue.

4224 N Interstate Ave, Portland, OR 97217
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Property ID
US71-0637798
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Auto shops

Property Details for 4224 N Interstate Ave

Year built
1940
Lot size
0.13 lot acres
Property size
1,073 SF
Zone code
CG
Property type
Auto shops
APN
1N1E22CB 05900
APU
1N1E22CB05900

Description

This exceptional 5,880-square-foot development opportunity is located at 4224 N Interstate Ave, Portland, Oregon, 97217, in Multnomah County. The property boasts a highly desirable CM3 zoning designation, allowing for a multitude of commercial and residential development configurations. Situated in Portland's Overlook neighborhood, this land parcel benefits from a high-traffic location on North Interstate Avenue, with over 12,000 vehicles passing daily, ensuring excellent visibility and accessibility. The asking price is $400,000. The substantial lot size presents a unique chance to create a significant project, catering to diverse development plans. This prime location offers unparalleled potential for investors seeking to capitalize on Portland's thriving real estate market. The property's strategic placement and flexible zoning make it an ideal investment for both experienced developers and those seeking a lucrative entry point into the Portland market. Detailed zoning information and development guidelines are readily available. This is a rare opportunity to acquire a fully permitted site in a high-demand area, ready for immediate development. Don't miss this chance to build your vision in a vibrant and growing community.


Value Estimations

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Location Insight

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  • Local Demand
City
Portland
County
Multnomah
State
Oregon
Longitude
-122.681
Latitude
45.5542
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,363
$0.00
$0.00
$126,910
-
$680,930
$0.00
$680,930
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