PBOT Excess Property: N Loring and N Albina lots

Information

The City of Portland, through the Bureau of Transportation, owns the properties at N Loring and N Albina. This property is no longer needed for ongoing operations.

Property Details

Address:

Portland Maps

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PortlandMaps: SEC/ LEWIS & N LORING ST [Vacant Lot]
PortlandMaps: NWC/ RIVER & N ALBINA AVE [Vacant Lot]

Property Description

Site Details: Located below the N Tillamook Overcrossing are two vacant, paved lots
Reason for Intent to Dispose: This property is no longer needed for ongoing operations and is excess to PBOTs needs.
Square footage: R102697 – 12,385 sq.ft and R532607 – 4,459 sq.ft.
Acres: 0.39 [16,844 sf]
Tax ID #: R102697 and R532607
County: Multnomah
Zone: IG1 (General Industrial 1)
Elevation: 34 FT (approximate)
Neighborhood: ELIOT
City Council: District 2

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Property Status

Appraisal: None conducted
Conditions of Sale: PBOT will enter into a long-term lease with new owner for the area under the N Tillamook Overcrossing
Sales Price: To be determined
Sales Date: To be determined

Disclosures

Easement and Equitable Servitude: Document#2004-1333563, Recorded July 7, 2004, Multnomah County Deed Records.

Surplus Property Status

Facilities Services will update this page as the property moves through the process.

Updated: June 2, 2025

Stage	Start Date	Completion Date	Actions
1	1/7/25	1/28/25	Property Declared Excess. PBOT determined the property is no longer needed for on-going operations and is excess to the bureau’s needs.
2	4/30/25	5/29/25	Inter-bureau Transfer or Sale. PBOT property staff notifies and sends specific details to the Real Property Coordinator that a specific property is excess and no longer needed for bureau use. Within seven calendar days, written notification on its potential availability is sent to other City bureaus, offices, and Council offices. Each City bureau, office and Council office may provide a written response within 21 calendar days indicating whether or not the bureau or office is interested in the property.
3	TBD	TBD	Extension Opportunity. Request for extension by a City Bureau.
4	TBD	TBD	Website Announcement The available surplus property for sale is identified on Citywide Surplus Real Property Page
5	TBD	TBD	External Notification. If no City bureau or office indicates interest in acquiring the real property and the originating bureau wishes to proceed with the deposition process, a minimum 60 calendar-day notification period to invite public comment begins. The Real Property Coordinator shall provide written notice of the proposed disposition to the Neighborhood Coalition, Neighborhood Association, and Office of Community and Civic Life of the bureau’s intent to dispose of the property. At this time, the property will be listed on the citywide Excess Real Property webpage. The Real Property Coordinator, in conjunction with the originating bureau, will notify Prosper Portland, Metro, TriMet, the Port of Portland, the county in which the real property is located, the State of Oregon, and any other jurisdictions that have expressed interest in being notified.
6	TBD	TBD	Signage. PBOT will place an informational sign on the property identifying it as excess, available for acquisition, and listed for sale to the public if not acquired by a public agency. The sign is posted for a minimum of 60 days.
7	TBD	TBD	Printed Notification. Notification of proposed disposition mailed to those living within 200' feet of the property by the Real Property Coordinator.
8	TBD	TBD	Proposed City Council Date. This is the date planned for action to go to council.
9	TBD	TBD	City Council Declares Property Surplus. If, after the informational sign has been posted for a minimum of 60 days, the public comment period has ended, and no public agency has expressed interest in acquiring the property, PBOT prepares an ordinance to be placed on the regular City Council agenda. The ordinance asks council to declare the property surplus and authorize PBOT to proceed with a public sale. The Real Property Coordinator will update this page.
10	TBD	TBD	Notice to Sale. Upon the effective date of a council ordinance authorizing the sale PBOT may proceed to sell the property, with or without a real estate agent, for an asking price determined to be reasonable by the bureau's property manager.
11	TBD	TBD	Property Listed. The surplus property becomes available for sale as directed by Council ordinance and with guidance of the bureau's portfolio manager.
12	TBD	TBD	Property Sale. Offers received during the listing phase are reviewed for the best price, terms and conditions.