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Off Market
1/5

125 NW 4th Ave
Portland, OR 97209


HIGHLIGHTS

  • Parking Investment Opportunity with Fee Simple Ownership
  • Low Maintenance Asset with Strong Upside Based on Historic NOI
  • Future Development Opportunity in Old Town
  • Located Within Qualified Census Tract, Difficult Development Area, and Opportunity Zone

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: 5.16% T-12 NOI: $484,636

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Block 33

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

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ZONING

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APN/PARCEL ID

R140425,R140426,R140427,R140428