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SW Barbur Blvd - 100+ UNIT MIXED USE/MULTIFAMILY LOT ZONE CM2d 0.88 Acres of Commercial Land Offered at $2,500,000 in Portland, OR 97219
Investment Highlights
- Good for Affordable Housing.(near Barbur Transit station and proposed light rail to Tualatin)
- Good for Senior Housing, Rehabilitation Center, or Nursing Home(commercial zoning).
- Good for Student Housing (near PCC Sylvania campus).
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 0.88 AC |
| Price Per AC | $2,840,909.09 |
| Price | $2,500,000 |
| Price Per AC | $2,840,909.09 |
| Lot Size | 0.88 AC |
All of Lot 3 and that part of Lot 4, lying South and East of Southwest Pacific Highway, LURADELL ACRES, in the City of Portland, County of Multnomah, and State of Oregon. EXCEPTING THEREFROM land in Deed recorded August, 2018, at number 2019-088964.
Description
Attached Concept Plans show potential layout for 100+ residential units plus some commercial use on 38,383 SF sloping lot zoned CM2d on the uphill side of SW Barbur Blvd in the 10100 block. Best access is from the cul-de-dac on the uphill side of property on SW 47th Avenue to be paved as part of a City approved LID project. The City will issue a building permit now as if 47th has already been paved.
Property Taxes
| Parcel Number | R209882 | Improvements Assessment | $0 |
| Land Assessment | $441,850 | Total Assessment | $441,850 |
Property Taxes
Presented by
J.A. Atwood Corporation
SW Barbur Blvd - 100+ UNIT MIXED USE/MULTIFAMILY LOT ZONE CM2d
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