Listing Agency: Windermere Realty Trust A***@gmail.com Show Phone

Listed By: Adam Bayer Show Phone

Source: Premierepropertygroup

Added: May 16, 2025 Changed: Aug 8 Last Checked: Jul 1 at 12:52AM

Report an Issue

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 Windermere Realty Trust

Investment Insights

Based on property information with market context.

This residential land offering features a flag lot configuration designed to provide flexibility for custom home planning. Buyers may choose to work with their own builder or coordinate with the current owner, who is described as an experienced professional ready to assist through the process. The property is positioned for those who want to bring a tailored design to life in an established setting.

Located in the Cedar Hills neighborhood, the parcel is set within a quiet, established community. Public remarks note convenient access to nearby parks and schools, along with proximity to westside amenities in Portland.

For buyers planning new construction, the flag lot layout can support a range of site and driveway concepts while keeping the home site within a residential neighborhood context. This is also a practical fit for owner-builders and developers seeking a straightforward path to custom design, with the added option to leverage support from the current owner during development planning. Please review site conditions and due diligence items with your preferred consultants to confirm fit for your intended design and timeline.

Key Highlights

• 0.35‑acre flag lot in Cedar Hills, ready for residential construction
• Gentle‑sloping lot with flag‑lot layout for flexible home placement
• Flag lot served by a private road under a road maintenance agreement

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Nail Salon Big Box & Wholesale Store HVAC Service Auto Repair Shop (Bike/Boat/Book/etc) Store Garden Center

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

513

Businesses Nearby

Explore this area Business Placement

Demographics for 97229, OR

73,602

Population

28,312

Households

2.6

Avg Household Size

38

Median Age

69%

College-Educated

98%

High-School Grad

19.7 sq mi

ZIP Area

3,736

Density / Sq Mi

$159,863

Median Household Income

$83,904

Median Earnings

$1,948

Median Rent

$728,800

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Mixed-Use Property with Storefronts

1218 N Killingsworth Street, Portland, OR 97217

$899,000

5,982 SF

View details

Historic Storefront Building

102 NW 4th Ave, Portland, OR 97209

$2,280,000

14,000 SF

View details

Freestanding Restaurant Building with Parking

1411 NE 82ND, Portland, OR 97220

$2,500,000

4,510 SF

View details

Renovated Multi-Tenant Office Building

555 SE 99th Ave, Portland, OR 97216

$1,950,000

7,100 SF

View details

Remodeled Office Building

2010 SE 182ND, Portland, OR 97233

$849,999

4,126 SF

View details

Detached Cottages Apartment Community with Patios

9213 N Seneca St, Portland, OR 97203

$2,719,900

7,864 SF

View details

Corner Retail Building with Parking

5287 N LOMBARD, Portland, OR 97203

$1,100,000

4,176 SF

View details

Side-by-Side Triplex Portfolio

2940 SE BROOKLYN St, Portland, OR 97202

$1,750,000

9,072 SF

View details

Maintained Triplex With Private Garages

2940 SE BROOKLYN St, Portland, OR 97202

$875,000

4,536 SF

View details

Restaurant Space with Parking

1818 SE 122nd Ave, Portland, OR 97233

$999,000

4,945 SF

View details

Two-Unit NNN Office Property

3511 SE MILWAUKIE, Portland, OR 97202

$700,000

2,480 SF

View details

Drive-Through Subway Restaurant

3103 Northeast 82nd Avenue, Portland, OR 97213

$790,000

1,853 SF

View details

Frequently Asked Questions

What type of property is this?

Residential land & home lot - Residential flag lot in Cedar Hills offers flexibility for a custom home build with multiple builder options.

Where is this residential land & home lot located?

The property is located at 10238 NW LEE ST Portland, OR.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: 0.35‑acre flag lot in Cedar Hills, ready for residential construction; Gentle‑sloping lot with flag‑lot layout for flexible home placement; Flag lot served by a private road under a road maintenance agreement