8500 SE 17Th Ave, Portland, OR 97202
This exceptional 0.11-acre (4,791 sq ft) corner lot in Portland's desirable Sellwood neighborhood presents a remarkable investment opportunity. Located at 8500 SE 17th Ave, 97202, this level lot boasts CM2 zoning, offering unparalleled flexibility for development. Imagine the possibilities: a modern office building, a stylish apartment complex, or a vibrant mixed-use development seamlessly blending commercial spaces with residential units. The property's convenient location provides easy access to local amenities, schools (Duniway Elementary, Sellwood Middle, and Cleveland High), and major transportation routes. The lot features paved road access and is serviced by available electricity, public sewer, and water. Recent tax records indicate an annual tax amount of $2,560.29 (2023). The property is being sold as-is, cash only. Please note that the lot size is 4,791 square feet, a recent division from a larger parcel. This is a rare opportunity to acquire a prime development site in a thriving Portland neighborhood. Don't miss out on this chance to build your vision in a highly sought-after area.
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
CS · 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.