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Prime Development Parcels on SE 82nd
For Sale
$1,600,000

218 & 322 SE 82nd Ave, Portland, OR 97216

Two combined tax parcels for development in Montavilla neighborhood.

Property Size24,671 SF
Lot Size0.57 Acres
Price / SF$64.85
Days on Market207

Property Features for 218 & 322 SE 82nd Ave

General Information

Standard status Active
Size 24,671 SF
Lot size 0.57 Acres
Property subtype Land

Building Details

Year Built 1927
Listing Agency: Capacity Commercial Group
Listed By: Riley Henderson · License #OR #201212905
Source: Corfac
Added: Jan 26 Changed: Aug 21 Last Checked: Aug 21 at 4:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

The property consists of approximately 24,671 square feet of prime development parcels located on SE 82nd Avenue. The site is comprised of two tax parcels: 218 SE 82nd, which is 10,421 square feet, and 322 SE 82nd, which is 14,250 square feet. The zoning is CM2 (Commercial/Mixed-Use 2), allowing for housing, retail, and office uses. The property is a highly visible corner lot development located in the Montavilla Neighborhood. 82nd Avenue is undergoing a significant infrastructure investment from the City of Portland. The site is situated in a growing and dynamic neighborhood.

Key Highlights

  • Prime development opportunity: ± 24,671 SF combined parcels.
  • CM2 zoning: Allows for housing, retail, and office uses.
  • Highly visible corner lot in the Montavilla neighborhood.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

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

1,037
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 - Two combined tax parcels for development in Montavilla neighborhood.
Where is this commercial land located?
The property is located at 218 & 322 SE 82nd Ave Portland, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Prime development opportunity: ± 24,671 SF combined parcels.; CM2 zoning: Allows for housing, retail, and office uses.; Highly visible corner lot in the Montavilla neighborhood.
More about this property
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