5401 Cully BlvdPortland, OR 97218

Property Details for 5401 Cully Blvd

Year built

1973

Lot size

0.08 AC

Property size (Sq ft)

864 SF

Zone code

CN2H

Property type

Retail space

APN

1N2E20BB 00200

APU

1N2E20BB00200

Description

This exceptional commercial property, located at 5401 NE Cully Blvd Unit 5401 in Portland, Oregon, presents a fantastic investment opportunity. Boasting 864 square feet of versatile space, this general commercial property sits on a 0.08-acre lot, offering ample potential for a variety of businesses. The property's location in Portland provides excellent access to transportation networks and a thriving local community. The asking price is $350,000, representing a compelling value for a property of this size and location. The property's layout is adaptable to suit a range of commercial uses, making it an ideal choice for entrepreneurs and established businesses alike. Its strategic position within Portland offers significant potential for growth and return on investment. The 0.08-acre lot provides ample space for outdoor activities or potential expansion. Serious inquiries are encouraged to explore the possibilities this property offers. This is a rare opportunity to acquire a well-situated commercial property in a dynamic and growing area of Portland. The property is ready for immediate occupancy, allowing for a swift start to your business operations. Don't miss this chance to secure a valuable asset in a highly desirable location. Contact us today to schedule a viewing and learn more about this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $348,840

  6.5%

  $322,006

  7%

  $299,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $419,301

  Geo Method

  $419,301

• Alternative Use

  Use

  Valuation

  Residential

  $271,624

  Hospitality

  $248,806

  Educational

  $207,004

  Medical

  $214,123

  Retail

  $322,006

Location Insight

City

Portland

County

Multnomah

State

Oregon

Latitude

45.5623

Longitude

-122.595

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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