For Sale View Offering Memorandum

Redevelopment Land

4525 Ne MLK Blvd. , Portland, OR 97211

Property Stats

Acres0.24
TypeLand
SubtypeMultifamily (Land)
Price/Acre$6,645,833.33
Price/SF
Size/ShapeNot specified
MSAPortland-Vancouver-Beaverton

Property Details

Property Description

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. Adjoining 11,761 SF to 15,681 SF of land currently available. (Buyer to verify if active.)

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

Highlights

  • Very Walkable Score of 82
  • Biker's Paradise Score of 92
  • Close to Rest, Retail, Coffee
  • Mixed Commercial (CM3) Zone
  • 10,392 SF

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.