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17777 Webster Rd - Gladstone Residential Development 4.75 Acres of Commercial Land Offered at $2,500,000 in Gladstone, OR 97027
Investment Highlights
- Residential development opportunity
- Potential for 25 lots
- Zoned R7.2 (City of Gladstone)
- Final property boundary to be created through plat process
Executive Summary
Property Facts
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 4.75 AC |
| Property Type | Land | ||
| Zoning | R7.2 - zoning allows single-family homes, limited middle housing, and ADUs on minimum 7,200 sq. ft. lots with 35-ft height and setback standards. | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Residence |
| Total Lot Size | 4.75 AC |
| Zoning | R7.2 - zoning allows single-family homes, limited middle housing, and ADUs on minimum 7,200 sq. ft. lots with 35-ft height and setback standards. |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 4.75 AC |
| Price Per AC | $526,315.79 |
| Price | $2,500,000 |
| Price Per AC | $526,315.79 |
| Lot Size | 4.75 AC |
New residential development opportunity in the established community of Gladstone. The property is owned by the Gladstone School District who is eager to attract new investment into the community.
Description
Nestled just 8 miles south of downtown Portland, the City of Gladstone offers the rare combination of a tight-knit community feel with high-velocity metropolitan access. Gladstone serves as a central hub in the region, situated conveniently along the I-205 and 99E (McLoughlin Blvd) corridors. This location ensures effortless daily commutes and streamlined logistics for businesses serving the greater Portland area. The approximately 12,000 residents in the 2.9-square-mile community offer opportunities for active lifestyles, a vibrant business district, community spirit, and an engaged school district.
Property Taxes
| Parcel Number | 00506349 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $11,723,023 |
Property Taxes
