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CM2-Zoned Commercial Land
For Sale
$700,000

3620 NE M L KING Blvd, Portland, OR 97212

Land, Portland, OR

Property SizeContact for details
Lot Size0.21 Acres
Days on Market198

Property Features for 3620 NE M L KING Blvd

General Information

Property type Land
Property subtype Other
Zoning CM2
Elementary school Sabin
Middle school Harriet Tubman
High school Jefferson
Directions NE Beech St to NE MLK
Subdivision _142
Standard status Active
APN R207200
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description LINCOLN PK, BLOCK 22, LOT 3 EXC PT IN ST
Legal Description LINCOLN PK, BLOCK 22, LOT 3 EXC PT IN ST
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Bradley King · License #201235429
Added: Feb 24 Changed: Sep 4 Last Checked: Sep 10 at 2:06PM
MLS# 556474921

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9,000-square-foot commercial land site comprises three separate tax lots at 3620 NE M L KING Blvd in Portland. The property carries CM2 zoning and is positioned along the NE Martin Luther King Jr. Boulevard corridor, with access to major arterials and public transit.

The site is approximately one mile from Legacy Emanuel Hospital and is located near neighborhood amenities, central Portland employment hubs, and ongoing surrounding development. The property information identifies potential applications including higher-density residential, retail, office, and mixed-use development, subject to buyer verification with the City regarding development capacity.

Key Highlights

  • 9,000‑square‑foot commercial land site
  • Three separate tax lots
  • CM2 zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Home Appliance Store Nursing Home Supermarket Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,037
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Three tax lots create a development site along NE Martin Luther King Jr. Boulevard.
Where is this commercial land located?
The property is located at 3620 NE M L KING Blvd Portland, OR.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 9,000‑square‑foot commercial land site; Three separate tax lots; CM2 zoning
More about this property
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