SE Steele St - Residential LAND FOR SALE


Portland, OR 97236- Powellhurst-Gilbert88,862 SF
$1,400,000 USD
503-225-8487
SE Steele St, Portland, OR for Sale
$1,400,000 USD
Residential LAND - FOR SALE
1/6
88,862 SF

SE Steele St
Portland, OR 97236
Powellhurst-Gilbert


HIGHLIGHTS

  • Approved plans for 91 units + 44 parking spaces
  • Sewer laterals in-place
  • 2” water service tied to townhomes
  • Power feeders run to transformers
  • DEQ NSA completed
  • Construction monitoring report completed by Carlsen Engineers

OVERVIEW

The subject property consists of 4 tax parcels totaling approximately 2.0428 acres (88,986 SF), with no current entitlements in-place. The subject property offers investors/developers an opportunity to acquire well located development parcels with flat topography, utilities at the street and potential to build approximately 90 units with a mix of multifamily and single family residential.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/ACRE

$686,278/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

SE Steele Street Multifamily Development Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Single Family Development

LAND ACRES

2.04 AC

LAND SF

88,862 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R5, RM1

APN/PARCEL ID

R255120,R255121,R255122,R255123

ASK ABOUT THIS PROPERTY

David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

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David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.