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CM1 Zoned Development Land
For Sale
$699,000

6838 SE BELMONT St, Portland, OR 97215

LAND - Portland, OR

Lot Size0.29 Acres
Days on Market832

Property Features for 6838 SE BELMONT St

General Information

Property type Land
Property subtype Other
Zoning CM1
View Territorial
Elementary school Glencoe
Middle school Mt Tabor
High school Franklin
Directions SW Corner of SE 69th & Belmont
Subdivision _143
Standard status Active
APN R283095
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description TABOR HTS, BLOCK Q, S OF BELMONT ST LOT 4, LOT 5
Tax Annual Amount 4371
Legal Description TABOR HTS, BLOCK Q, S OF BELMONT ST LOT 4, LOT 5
Listing Agency: Mount Tabor Realty
Listed By: Isabelle Zifcak
Added: Apr 24, 2024 Changed: Jul 21 Last Checked: Aug 3 at 4:06AM
MLS# 24551612

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 offering presents commercial development land on a 12,000+ SF lot zoned CM1. The property is positioned as a land opportunity with value focused on future development.

The parcel is located in Portland’s Mt Tabor neighborhood, between a restaurant and an iconic park. The listing area supports commercial development considerations under CM1 zoning.

Given its zoning and lot size, the land may be appropriate for a range of development plans, subject to CM1 requirements and any applicable approvals.

Key Highlights

  • 12,000+ SF lot in the highly desirable Mt Tabor neighborhood
  • Zoned CM1 for commercial development and/or housing projects
  • Opportunity to build commercial, row houses, and apartments

Property Analytics

Current Use

Mt Tabor Realty Real Estate Agency

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Plumbing Service

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

658
Businesses Nearby

Demographics for 97215, OR

18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Buildable commercial land offered for sale on a 12,000+ SF lot zoned CM1 in Portland’s Mt. Tabor area.
Where is this commercial land located?
The property is located at 6838 SE BELMONT St Portland, OR.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 12,000+ SF lot in the highly desirable Mt Tabor neighborhood; Zoned CM1 for commercial development and/or housing projects; Opportunity to build commercial, row houses, and apartments
More about this property
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