13330 Glenridge DrPortland, OR 97229

For Sale
$1,200,000

Portland development opportunity: 1.54 acres.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 1.54-acre (67,082 square foot) residential development site in Portland, Oregon, presents a unique investment opportunity. Located at 13330 NW Glenridge Dr, in Washington County, zip code 97229, this property is zoned R9-12 Transit Oriented Residential District, offering significant potential. The land is comprised of two lots: Lot A, measuring 1.12 acres (48,787 square feet), and Lot B, encompassing 0.42 acres (18,295 square feet). Previously approved for the construction of 18 attached houses, this site benefits from its convenient location, less than 20 minutes from downtown Portland and close to major employers such as Columbia Sportswear and Nike. The asking price for this combined parcel is $1,200,000, translating to approximately $17.89 per square foot. This presents a compelling opportunity for developers seeking to capitalize on Portland's thriving residential market. The property's prime location and existing approvals significantly reduce development hurdles, making it an attractive investment with considerable upside potential. Detailed zoning information and previous development plans are available upon request.

Highlights

  • Two residential development lots totaling 1.54 acres (67,082 sq ft).
  • Proximity to major employers including Columbia Sportswear and Nike.
  • Previously approved for 18 attached houses.
  • Less than 20-minute commute to Downtown Portland.

Property Details for 13330 Glenridge Dr

Property type
Other land, Land
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Portland
County
Washington
State
Oregon
Latitude
45.52287312453
Longitude
-122.81465543382
13330 Glenridge Dr, Portland, Oregon

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13330 Glenridge Dr
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