Portland Redevelopment Opportunity Near
12224 SE Ash, Portland, OR 97233
Prime land for multifamily or mixed-use development near transit.
Type:Land
Property size:
7,049 SFPrice / SF:
$85/SF- Added:
- Nov 25, 2025
- Days on Market:
- 177
- Last Refresh:
- Apr 5 at 8:25 pm
Property Features for 12224 SE Ash
General Information
- Standard status
- Active
- Size
- 7,049 SF
- Property subtype
- Land
Listing agent Denise Brohoski License #200508190 (503) 309-5106
Listing office Commercial Real Estate NW (503) 309-5106
Listing date Nov 25, 2025
Source Commercialrenw
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 Commercial Real Estate NW
HighLights
- Prime redevelopment opportunity: High‑density zoning allows for a 5:1 FAR (with bonus), 100' max building height, and potential for up to 68 apartment units.
- Excellent transit access: Located directly across from TriMet's Menlo Park Park & Ride and one block from MAX and bus stops.
- Strategic location: Right off 122nd Avenue with high daily traffic count (40,547).
- Convenient access to amenities: Minutes from Mall 205, big box stores, and I‑205.
- Proximity to schools and parks: Ventura Grade School is three blocks away, with several parks within walking distance.
- Close to dining and entertainment: Surrounded by a diverse selection of restaurants, pubs, and coffee shops.
Overview
This property presents a redevelopment opportunity in Southeast Portland, situated across from TriMet's Menlo Park Park & Ride. It is located one block from MAX Bus Stop ID 6621 and MAX Light Rail Stop ID 8349. The location is suitable for multi-family or mixed-use apartments. The surrounding area features a variety of restaurants, pubs, and coffee shops. Mall 205, with its associated big box stores, is located nearby, with access to I-205. Ventura Grade School is three blocks away, and several parks are within walking distance. The property is located off of 122nd Avenue in Portland, with daily traffic counts of 40,547. The property has a maximum Floor Area Ratio (FAR) of 5:1 with bonus, and a maximum building height of 100 feet, allowing for up to 68 apartment units. The property size is 7,049 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.537
- Latitude
- 45.521
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Prime land for multifamily or mixed-use development near transit.
Where is this land located?
The property is located at 12224 SE Ash Portland, OR.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime redevelopment opportunity: High‑density zoning allows for a 5:1 FAR (with bonus), 100' max building height, and potential for up to 68 apartment units.; Excellent transit access: Located directly across from TriMet's Menlo Park Park & Ride and one block from MAX and bus stops.; Strategic location: Right off 122nd Avenue with high daily traffic count (40,547).
