Developable Lot in Central
240 NE M L KING Blvd Portland, OR 97232
For Sale
$600,000
LAND - Portland, OR
Lot Size0.14 Acres
Days on Market201
Property Features for 240 NE M L KING Blvd
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- EX
- Standard status
- Active
- APN
- R150150
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- EAST PORTLAND, BLOCK 109, LOT 1 EXC PT IN ST, N 15' OF LOT 2 EXC
- Tax Annual Amount
- 16221
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Eduardo Reyes · License #201225020
(971) 282-1806
Added: Jan 7
Changed: May 19
Last Checked: Jul 27 at 4:06AM
MLS# 448098199
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Investment Insights
Based on property information with market context.
This is a 5,949 square foot lot improved as a parking lot. The property is located adjacent to I-84 and MLK Boulevard. It is zoned EX Central Employment, which allows for high-density residential, commercial, and light industrial uses. This zoning provides flexibility for mixed-use or employment-focused development. The property is located in an urban infill location with freeway access and visibility. It is positioned for developers seeking a strategic site with long-term upside in a central Portland corridor.
Key Highlights
- EX Central Employment zoning allows high density residential, commercial, and light industrial uses.
- Prime urban infill location in central Portland corridor.
- Excellent freeway access via adjacent I‑84.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - 5,949 SF lot with development potential near I-84.
Where is this commercial land located?
The property is located at 240 NE M L KING Blvd 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: EX Central Employment zoning allows high density residential, commercial, and light industrial uses.; Prime urban infill location in central Portland corridor.; Excellent freeway access via adjacent I‑84.
