6516 Lombard St Portland, OR 97203-4013
Property profile & analytics
6516 Lombard St Portland, OR 97203-4013
- Commercial land
- 520 SF
- 0.11 lot acres
Property ID
US71-0906032
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.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 6516 Lombard St
- Year built
- 1990
- Lot size
- 0.11 lot acres
- Property size
- 520 SF
- Zone code
- CG
- Property type
- Commercial land
- APN
- 1N1E07BD 03401
- APU
- 1N1E07BD03401
Description
This exceptional 10,073 square foot commercial lot presents a unique investment opportunity in Portland, Oregon's desirable University Park neighborhood. Located at 6516 N Lombard St, zip code 97203, this vacant land boasts highly flexible CE zoning, permitting a variety of profitable uses. The zoning allows for commercial, including retail and office spaces, as well as residential development, catering to diverse investment strategies. Its prime location, just two blocks from a New Seasons Market, places it within a thriving and convenient area. The property's potential is further enhanced by current construction projects in the vicinity, indicating a robust and growing market. While the asking price is $649,000, the property offers significant potential for return on investment. The site's size and zoning flexibility make it ideal for a range of development projects, from small-scale retail to larger-scale mixed-use developments. Note that photos included in marketing materials depict suggested designs and are not indicative of existing structures. Information regarding design and construction financing is available upon request. This is a rare opportunity to acquire a versatile property in a rapidly developing area of Portland.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.734
- Latitude
- 45.5856
- 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
$1,161
$0.00
$0.00
$43,800
-
$300,000
$0.00
$300,000
