High Visibility Development Land
For Sale
$700,000
3620 NE M L KING, Portland, OR 97212
9,000 SF development land along NE Martin Luther King Jr. Blvd.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market179
Property Features for 3620 NE M L KING
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
KELLER WILLIAMS REALTY PORTLAND PREMIERE
(503) 597-2444
Listed By:
EDUARDO REYES · License #201225020
Source:
Corcoran
Added: Feb 25
Changed: Aug 22
Last Checked: Aug 22 at 7:36AM
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 KELLER WILLIAMS REALTY PORTLAND PREMIERE
Investment Insights
Based on property information with market context.
This is an opportunity to acquire 9,000 square feet of high visibility development land along the NE Martin Luther King Jr. Boulevard corridor. The site is comprised of three separate tax lots and zoned CM2. It supports potential for a wide range of higher density residential, retail, office, and mixed use development. The property has strong street presence and consistent daily traffic exposure, making it well positioned for a mixed use concept featuring active ground floor retail with residential above. The location offers convenient access to major arterials and public transit. It is approximately one mile from Legacy Emanuel Hospital. Surrounding development activity, neighborhood amenities, and proximity to central Portland employment hubs reinforce the long term fundamentals of this location. The buyer is responsible for performing all due diligence with the City regarding development capacity.
Key Highlights
- 9,000 sq ft of HIGH VISIBILITY development land on NE Martin Luther King Jr. Boulevard.
- Zoned CM2, supporting higher density residential, retail, office, and mixed‑use development.
- Strong street presence and consistent daily traffic exposure.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,037
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 9,000 SF development land along NE Martin Luther King Jr. Blvd.
Where is this commercial land located?
The property is located at 3620 NE M L KING 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 sq ft of HIGH VISIBILITY development land on NE Martin Luther King Jr. Boulevard.; Zoned CM2, supporting higher density residential, retail, office, and mixed‑use development.; Strong street presence and consistent daily traffic exposure.
