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Property profile

574 Ivy St Canby, OR 97013

OFF-MARKET
Commercial real estate
Property ID
US71-0996538
0.65 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional 0.65-acre commercial property presents a compelling development opportunity in the thriving city of Canby, Oregon. Situated on a highly visible corner lot at 574 S IVY St Unit 574, this combined parcel benefits from its location on one of Canby's busiest thoroughfares, ensuring significant exposure for any future development. The property's zoning allows for a variety of uses, subject to buyer due diligence and review of the city's comprehensive plan. Potential uses include a mixed-use development incorporating retail space with residential units above, business offices, or townhomes/condos. The existing structure on the adjacent lot (119 S Township Rd) is currently occupied, and tenants should not be disturbed. This presents a unique chance to create a vibrant and integrated development. The City of Canby is actively improving the area's infrastructure, with planned installations of new sidewalks and a traffic light at the corner, further enhancing the property's accessibility and appeal. This is a rare chance to acquire a substantial parcel in a prime location with significant upside potential. The asking price is $1,298,000. Buyers are responsible for conducting all necessary due diligence regarding zoning and permitted uses.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Lot 0.65 ac (28,314 SF)
UPID US71-0996538

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

574 Ivy St Canby, OR 97013
Canby metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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