$9,390,000 USD
503-222-2655
125 NW 4th Ave
Portland, OR 97209
Old Town-Chinatown
OVERVIEW
Full City Block Opportunity with Parking Income
Investment or Development Asset | CXd Zoning
Gross Land Area: 0.92 AC (40,000 SF)
Parking Spaces: 135 Surface Spaces
Zoning: CXd - Central Commercial
Base FAR: 6:1
Max FAR: 9:1 with Bonus
Max Height West Blocks: 200’ with Bonus
East Blocks: 125’
Sale Price: $9,390,000 ($235 / SF)
CAP Rate: 5.00%
T-12 NOI: $469,636
FOR SALE DETAILS
PRICE
$9,390,000 USD
PRICE/ACRE
$10,225,710/AC
PRICE/SF
$235 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Block 33
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Apartment Units
LAND ACRES
0.92 AC
LAND SF
40,000 SF
OFFSITE IMPROVEMENTS
-
ZONING
CX
APN/PARCEL ID
R140425,R140426,R140427,R140428
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503-222-2655
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503-222-2655
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