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CM1 Zoned Development Land Opportunity
For Sale
$699,000

6838 SE BELMONT ST, Portland, OR 97215

Land lot zoned CM1, offering potential for commercial development and residential row houses or apartments.

Days on Market832

Property Features for 6838 SE BELMONT ST

General Information

Standard status Active
Property subtype Land
Zoning CM1
Listing Agency: Mount Tabor Realty
Listed By: Alder Bellevie
Source: Premierepropertygroup
Added: Apr 24, 2024 Changed: Jul 24 Last Checked: Aug 2 at 4:11AM

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 Mount Tabor Realty

Investment Insights

Based on property information with market context.

This offering presents a land opportunity with a 12,000+ SF lot zoned CM1. The property is positioned for development, with stated potential for commercial use along with the ability to build row houses and apartments.

The site is described as being located between an award-winning restaurant and an iconic park, providing a built-in surrounding context for future use.

Value is being presented primarily in the land, with zoning CM1 supporting the proposed development directions outlined in the remarks.

Key Highlights

  • Zoned CM1, allowing for commercial development and residential row houses or apartments
  • Corner lot with 100 x 124 dimensions and 0.29 acres
  • Level lot with 12,000+ SF land area

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 - Land lot zoned CM1, offering potential for commercial development and residential row houses or apartments.
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: Zoned CM1, allowing for commercial development and residential row houses or apartments; Corner lot with 100 x 124 dimensions and 0.29 acres; Level lot with 12,000+ SF land area
More about this property
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