5511 Hood AvePortland, OR 97239
- Other commercial real estate
- 6,152 SF
For Sale
$4,500,000
View listing
Property Details for 5511 Hood Ave
- Year built
- 1948
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 6,152 SF
- Zone code
- CM
- Property type
- Other commercial real estate
- APN
- 1S1E15BD 01500
- APU
- 1S1E15BD01500
Description
This exceptional 1-acre redevelopment opportunity in Portland, Oregon's desirable Johns Landing neighborhood presents 43,500 square feet of level land zoned CM2. The property comprises ten parcels, offering significant flexibility for various development projects, including multifamily, mixed-use, retail, and office spaces. Its strategic location provides easy access to downtown Portland, Lake Oswego, Sellwood, and Southwest Portland via Macadam Avenue and I-5. The rarity of this large, level CM2-zoned parcel is underscored by the scarcity of comparable properties within a three-mile radius
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,248,214
- Hospitality
- $1,143,358
- Educational
- $951,260
- Medical
- $983,975
- Retail
- $1,479,738
5511 Hood Ave, Portland, Oregon
Location Insight
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Latitude
- 45.4837
- Longitude
- -122.675
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,071
-
-
$191,550
-
$435,000
$422,510
$857,510
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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