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Commercial Land with Mixed-Use Potential
For Sale
$700,000

3620 NE M L KING Blvd, Portland, OR 97212

Land, Portland, OR

Property SizeContact for details
Lot Size0.21 Acres
Days on Market177

Property Features for 3620 NE M L KING Blvd

General Information

Property type Land
Property subtype Other
Zoning CM2
Elementary school Sabin
Middle school Harriet Tubman
High school Jefferson
Directions NE Beech St to NE LMK
Subdivision _142
Standard status Active
APN R207200
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description LINCOLN PK, BLOCK 22, LOT 3 EXC PT IN ST
Legal Description LINCOLN PK, BLOCK 22, LOT 3 EXC PT IN ST
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Eduardo Reyes · License #201225020
Added: Feb 24 Changed: Aug 19 Last Checked: Aug 20 at 2:06AM
MLS# 556474921

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering comprises 9,000 square feet across three separate tax lots. The property carries CM2 zoning and is identified for potential higher-density residential, retail, office, and mixed-use development. A mixed-use concept with ground-floor retail and residential space above is specifically contemplated in the property information.

The site is located at 3620 NE M L KING Blvd in Portland, with street presence along the NE Martin Luther King Jr. Boulevard corridor. Major arterials and public transit provide access, while Legacy Emanuel Hospital is approximately one mile away. The surrounding area includes development activity, neighborhood amenities, and proximity to central Portland employment hubs.

The parcel contains 0.206 acres and is offered for sale. Development capacity and other site considerations require buyer due diligence with the City.

Key Highlights

  • 9,000 square feet of commercial land across three separate tax lots
  • CM2 zoning with potential for higher‑density residential, retail, office, and mixed‑use development
  • Located along the NE Martin Luther King Jr. Boulevard corridor

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Home Appliance Store Nursing Home Supermarket Butcher

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

3,037
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - CM2-zoned land along NE Martin Luther King Jr. Boulevard with access to major arterials and public transit.
Where is this commercial land located?
The property is located at 3620 NE M L KING Blvd Portland, OR.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 9,000 square feet of commercial land across three separate tax lots; CM2 zoning with potential for higher‑density residential, retail, office, and mixed‑use development; Located along the NE Martin Luther King Jr. Boulevard corridor
More about this property
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