Commercial Land
115 Northeast 10th Drive Gresham, OR 97030
Details & Description
Price: $2,400,000
    The available 1.04 acres of land lies within both the Gresham downtown Opportunity Zone and the Vertical Housing Development Zone (VHDZ), offering many tax incentives for developers. Eligible mixed use projects receive 10 years of up to 80% property tax abatement on buildings that include residential and commercial space. Many other incentives exist for this property including: possible affordable housing income with both state and federal tax incentives, Oregon Strategic Investment Program (SIP), E-Commerce Zone, and Enterprise Zone. There is also the possibility of a Metro Housing Bond and transportation incentives.
    Property Highlights
     Numerous state and federal tax incentives including affordable housing income
     Directly on the Max light rail with the transit center only 12 block away
    Listing Agents
    Jim Farris
    KW Commercial
    O: 503-381-0771
    M: 503-381-0771
    farrisgroup@gmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    115 Northeast 10th Drive

    Gresham, OR 97030

    Listing ID: 267518
    115 Northeast 10th Drive Gresham, OR 97030 | for Sale | Photo 1
    Building Size: --
    Lot Size: 1.040 AC
    Land Size: 45,302 SF
    Building $/SF:
    Land $/SF: $52.98
    Price
    $2,400,000
    Property Highlights
    Directly on the Max light rail with the transit center only 12 block away
    Within walking distance of Gresham High School
    Numerous state and federal tax incentives including affordable housing income
    Many retail shops, restaurants and coffee shops are nearby
    Description

    The available 1.04 acres of land lies within both the Gresham downtown Opportunity Zone and the Vertical Housing Development Zone (VHDZ), offering many tax incentives for developers. Eligible mixed use projects receive 10 years of up to 80% property tax abatement on buildings that include residential and commercial space. Many other incentives exist for this property including: possible affordable housing income with both state and federal tax incentives, Oregon Strategic Investment Program (SIP), E-Commerce Zone, and Enterprise Zone. There is also the possibility of a Metro Housing Bond and transportation incentives.

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    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Portland History of Commercial Land for Sale

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    Gresham Area Market Trends

    Listing Demographics for 115 Northeast 10th Drive Gresham, OR 97030

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population18,457123,547214,920
    Population Median Age383738
    Population by Age0-9 Yrs2547 (13%)17249 (13%)28509 (13%)
    10-19 Yrs1946 (10%)16191 (13%)27758 (12%)
    20-29 Yrs2813 (15%)17232 (13%)29031 (13%)
    30-39 Yrs2874 (15%)18233 (14%)32293 (15%)
    40-49 Yrs2126 (11%)16096 (13%)27549 (12%)
    50-59 Yrs2065 (11%)15116 (12%)27607 (12%)
    60-69 Yrs2098 (11%)12968 (10%)23204 (10%)
    70+ Yrs1989 (10%)10463 (8%)18968 (8%)
    Median HH Income$46,980$56,883$57,316
    Total Household Income< 24K1856 (25%)8425 (19%)14915 (19%)
    25-49K2002 (27%)10616 (24%)18305 (24%)
    50-74K1261 (17%)8839 (20%)14325 (18%)
    75-99K928 (12%)5900 (13%)10025 (13%)
    100-199K1133 (15%)8980 (20%)16008 (21%)
    200K+131 (1%)1246 (2%)2645 (3%)
    Highest Education LevelNo Diploma18951158621117
    Diploma or GED32732198838614
    Some College31772276739853
    Assoc. Degree1416823414102
    Bachelors Degree18801180121429
    Higher Degree975562110229
    Total Housing Units7,81846,74280,970
    --Owner-Occupied3,22424,34344,596
    --Renter-Occupied4,08619,66331,628
    Owner-Occupied Values< 100K17321813529
    100-199K59528715139
    200-299K1273858214696
    300-399K833749613513
    400-499K25721904479
    500K+9310213240
    Total Working Age Population14,79695,990168,630
    In Work Force9,61364,120109,764
    Not In Work Force5,18331,87058,866
    Workforce Employed8,96760,225103,181
    Workforce Unemployed6423,8676,437
    Civlian Workforce9,60964,091109,619
    Military Workforce429145
    Total Households7,31044,00676,224
    Family Households4,08629,17650,877
    Non-Family Households3,22414,83025,347
    Married Couple2,69420,19235,616
    Other Family1,3928,98415,261
    Married w/Child1,1538,99914,903
    Single Male w/Child2691,3802,201
    Single Female w/Child4803,5546,290

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Oregon3,421,399+123,831,074+114,264,810+114,727,438
    Clackamas County338,391+11375,992+14428,860+14490,011
    Multnomah County660,486+11735,334+12822,675+10906,904
    Washington5,894,121+146,724,540+147,638,415+118,503,178
    Clark County345,238+23425,363+17499,400+16576,879

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 115 Northeast 10th Drive in Gresham?
    The asking price for 115 Northeast 10th Drive is $2,400,000
    How much land does the Gresham, OR property at 115 Northeast 10th Drive include?
    115 Northeast 10th Drive in Gresham includes 1.040 acres of land
    What kind of Land is the propery at 115 Northeast 10th Drive?
    The property at 115 Northeast 10th Drive Gresham, OR 97030 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 115 Northeast 10th Drive in Gresham?
    The population within 1 mile of 115 Northeast 10th Drive Gresham, OR 97030 is 18,457 people.
    Who do I contact for questions about 115 Northeast 10th Drive?
    You should contact the listing agent, Jim Farris, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Portland International Airport (PDX) 10
    Seattle Tacoma International Airport (SEA) 135
    Boeing Field King County International Airport (BFI) 140