5,000 SF NE STAFFORD ST ALL OFFERS WILL BE CONSIDERED. For More Information or a Property Tour, Please Contact:
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1 FOR SAL $1,430,000 N LOMBARD ST N 10TH AV 5,000 SF 5,000 SF 18,600 SF N STAFFORD ST N 11TH AVNU ALL OFFRS WILL B CONSIDRD For More Information or a Property Tour, Please Contact: CAM CHATFILD CamC@norris-stevens.com THOMAS MCDOWLL TomM@norris-stevens.com RAYMOND DUCHK RaymondD@norris-stevens.com
2 FOR SAL Property Details PROPRTY ZONING The current zoning for all three lots is General mployment 2 (G2) with a Height Overlay for Portland s Aircraft Landing Zone. General mployment zones have an emphasis on industrial and industrially-related uses. Other commercial uses are also allowed to support a wide range of services and employment opportunities. The development standards for General mployment zones are intended to allow new development which is similar in character to existing development. The G2 zone allows Self Storage & Light Industrial. Conditional and limited uses include Multifamily, Retail & Commercial Parking. PROPRTY SUMMARY Price: $1,430,000 Price/SF: $50.00 City: Portland Submarket: Woodlawn County: Multnomah Parcel Numbers: R161795, R161794, R Taxes 2016: $4, Land Acres: 0.65 AC Land SF: 28,600 SF Zoning: G2 w/height Overlay (FAR 3:1) R-DVLOPMNT HIGHLIGHTS This is an excellent opportunity for an investor/developer to acquire three adjacent tax lots that make up almost an entire block. There are currently three occupied residential homes on the property giving a future investor the option to rent these homes while awaiting development. The property is mostly flat with no known environmental issues. CONVNINT LOCATION The subject property is dynamically located in Portland s Woodlawn neighborhood. N Lombard Street/HWY 30 borders the property on the North and the residential street of N Stafford borders the property on the South. MLK Boulevard is blocks away to the West & Concordia University sits one mile directly ast on N Lombard. The location offers convenient access to I-5 N Lombard on/off ramps & a direct route to Portland International Airport. Nearby retailers include Oregon Public House, Sparky s Pizza, McDonalds, Jack in the Box, Taco Bell and Mongolian Grill. XCLLNT DMOGRAPHICS N Portland has been one of the fastest growing areas of Portland. There is approximately 118,000 residents within a 3 mile radius of the subject property with an average household income of around $62,000. The population in this radius is expected to grow 6.5% by 2025.
3 N Stafford Street FOR SAL Retail Aerial Map DMOGRAPHIC INFORMATION 2016 Population 2021 Projection 1 Mile 3 Mile 5 Mile 17,020 18, , , , ,588 $62,451 $350,357 $52,502 $343, Med. HH Income $56, Med. H. Value $304,272 COLUMBIA DGWATR COUNTRY CLUB PORTLAND INTRNATIONAL AIRPORT PORTLAND MADOWS RAC TRACK RIVRSID GOLF & COUNTRY CLUB BROADMOOR GOLF COURS SUBJCT PROPRTY MONGOLIAN GRILL WOODLAWN CITY PARK CONCORDIA UNIVRSITY PNINSULA PARK ALBRTA PARK
4 FOR SAL Plat Map 5,000 SF 18,600 SF 5,000 SF
5 FOR SAL N Stafford Street Portland MSA Map IV TIM T DR U 13 MIN ILS 5.5 M 6M ILS - 14 MIN UT DRI V TIM NUT DRIV TIM 6 MILS - 11 MI 14 M IL S- 25 MI NU T DR IV T IM
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