N Columbia Way Portland, OR 97203
For Sale
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This exceptional 0.39-acre parcel located at 6666 N Columbia Way in Portland, Oregon's desirable St. Johns neighborhood presents a remarkable investment opportunity. Zoned CE - Commercial Employment, this property offers unparalleled versatility, allowing for a diverse range of development options. Envision the possibilities: a modern office complex, a vibrant retail center, or a unique mixed-use development incorporating residential components. The existing zoning provides the flexibility to tailor the project to your specific vision and market demands. Adding to its appeal, the seller is willing to consider carrying a contract, making this an even more attractive proposition for potential buyers. A completed Phase 1 Environmental Site Assessment is available upon execution of a Non-Disclosure Agreement, providing transparency and facilitating a smooth due diligence process. The property's APN is R151056 and is situated in Multnomah County, with a 97203 zip code. This is a rare chance to acquire a strategically located land parcel in a thriving Portland neighborhood with significant development potential. Don't miss this opportunity to shape the future of St. Johns.
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
CG · Portland, ORPortland. Always verify with local authorities before improvements.
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.