Listed by Capacity Commercial Group
$3,600,000
SE Division Development Land
Details
APN R332517
Property Type Land
Sub Type Commercial, Residential
Lot Size (SqFt) 40,075
Zoning CM2
NEW PRICING | 40,075 SF Development Lot on SE Division | CM2 Zoning
Marketing description
Development Opportunity on SE Division St
Multifamily - Retail - Office - Medical
One Block to Portland Community College
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Sale Price: $3,600,000 ($90/SF)
Land Area: 40,075 SF (0.92 AC)
Investment highlights
- Development Site at SE Division St. & SE 76th Ave
- Building Potential: Based on 4:1 FAR + Bonus Potential of 160,300 SF Buildable Area
- Multifamily Potential of up to 213 Units (Based on Avg. Unit Size of 750 SF) or Ideal for Micro Units at Even Higher Density
- Zoning: CM2 (Commercial/Mixed Use 2)
- Permitted Uses under CM2 Zoning Include: Multifamily, Residential, Retail, Office
Listing Contacts
Listed by Capacity Commercial Group
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