For Sale View Offering Memorandum

REDUCED! Multifamily Land

4525 NE MLK Blvd. , Portland, OR 97211

Property Stats

Acres0.24
TypeLand
SubtypeMultifamily (Land)
Price/Acre$5,416,666.67
Price/SF
Size/ShapeNot specified
MSAPortland-Vancouver-Beaverton

Property Details

Property Description

PRICE REDUCTION!! Business Owners Retiring & Closing. Prime redevelopment land for mixed use commercial with multi-family. 65' maximum height with possible increase to 75' with bonus provisions. 3:1 far increasing to 5:1 with bonus provisions.

Mixed Commercial (CM3) Zone. 10,392 sf.

Close in NE Portland neighborhood on major thoroughfare.
• Very Walkable Score of 82
• Biker's Paradise Score of 92
• Close to Restaurants, Retail, Coffee

Highlights

  • REDUCED!!!
  • Prime Multifamily/Mixed Development Land
  • Close to Restaurants, Retail, Coffee
  • Close in NE Portland major thoroughfare
  • Biker's Paradise Score of 92

Property Map

Additional Info

  • Wetland Acres: Not specified
  • Net Usable Acres: 0.24
  • Parcel ID: 000000000
  • Zoning: Mixed Commercial (CM3)
  • Future Land Use: Not specified
  • Zoning Restrictions: Not specified

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.