MAJ Development Corporation recently completed the $1,006,550 purchase of approximately 1.85 acres of land, located at 4905 NE 122nd Avenue in Vancouver, Washington.
The land is located in a neighborhood commercial zone. It is flat with utilities to the site. The property is an ideal development site with visibility from both NE 49th Street and NE 122nd Avenue. The buyer intends to improve the site.
Todd VanDomelen with Portland-based Norris & Stevens, Inc. represented the Seller, Creekside Commercial Investment, LLC, in the transaction. Brandi Ho with MAJ Commercial Real Estate represented the Buyer in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 6 million square feet of commercial space and 9,100 apartment units.