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Mixed-Use Redevelopment Land
For Sale
$820,000

8523 SE STARK St, Portland, OR 97216

LAND - Portland, OR

Property SizeContact for details
Lot Size0.29 Acres
Days on Market182

Property Features for 8523 SE STARK St

General Information

Property type Land
Property subtype Single Family Residence
Zoning CM2
Subdivision Montevilla
Elementary school Vestal
Middle school Harrison Park
High school Leodis McDaniel
Directions SE 86th and SE Stark.
Standard status Active
APN R284602
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description TERRACE PK, BLOCK 4, E 1/2 OF LOT 2, LOT 3
Tax Annual Amount 10371
Legal Description TERRACE PK, BLOCK 4, E 1/2 OF LOT 2, LOT 3
Listing Agency: Rose Country Realty
Listed By: Annie Wrucke · License #960800173
Added: Feb 11 Changed: Jul 24 Last Checked: Aug 12 at 3:06AM
MLS# 257351644

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 mixed-use redevelopment land offering consists of two parcels on a prominent corner site with dual access points. The property includes existing improvements that may be considered non-contributory, and it is being marketed primarily for land value and future development potential. Utilities are available at the street, and the gas meter has been removed. A billboard lease is in place, subject to the terms of that lease.

The property is zoned CM2, which supports a wide range of commercial and mixed-use development concepts, including residential units and retail/residential combinations, subject to buyer verification. Interior access is by appointment only.

Billboard lease execution, existing improvements status, and utility details should be reviewed directly as part of buyer due diligence before development planning.

Key Highlights

  • CM2 mixed‑use zoning allows for diverse development options.
  • Prominent corner lot location with dual access points.
  • Excellent visibility and access to major arterials and freeway routes.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Pet Grooming 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.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby

Demographics for 97216, OR

17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
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 - CM2-zoned corner site with two parcels, dual access points, and a billboard lease in place.
Where is this commercial land located?
The property is located at 8523 SE STARK St Portland, OR.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: CM2 mixed‑use zoning allows for diverse development options.; Prominent corner lot location with dual access points.; Excellent visibility and access to major arterials and freeway routes.
More about this property
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