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Commercial Land Development Opportunity
For Sale
$339,900

4120 Northeast Cully Boulevard, Portland, OR 97218

CM2 zoned land suitable for retail and residential development.

Property Size6,098 SF
Lot Size0.28 Acres
Price / SF$55.74
Days on Market339

Property Features for 4120 Northeast Cully Boulevard

General Information

Standard status Active
Size 6,098 SF
Lot size 0.28 Acres
Property subtype Land / Mixed Use
Zoning CM2

Taxes and HOA fees

Annual Taxes $2,260
Listing Agency: MORE Realty
Listed By: Christine Bowdish
Source: Compass
Added: Oct 7, 2025 Changed: Sep 8 Last Checked: Sep 9 at 8:16PM

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 MORE Realty

Investment Insights

Based on property information with market context.

This property presents a development opportunity with CM2 zoning, suggesting potential uses such as retail sales and services at street level with residential units above. The zoning allows for construction of up to 4 stories. This is lot 1 of two available lots situated on the corner of NE Cully and NE Mason. The sellers prefer to sell both lots together and are open to terms. The total area for both lots is 12,162 square feet.

Key Highlights

  • Development opportunity with CM2 zoning.
  • Potential for retail/service on street level with living above.
  • Up to 4 stories allowed.

Property Analytics

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Current Use

Full Steam Ahead Carpet Cleaning Service

Suggested Use

Top Pick Law Firm Building Supply Accounting Firm HVAC Service Big Box & Wholesale Store Electrical 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

546
Businesses Nearby

Demographics for 97218, OR

14,748
Population
6,440
Households
2.3
Avg Household Size
38
Median Age
51%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
2,201
Density / Sq Mi
$81,367
Median Household Income
$45,830
Median Earnings
$1,440
Median Rent
$493,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - CM2 zoned land suitable for retail and residential development.
Where is this commercial land located?
The property is located at 4120 Northeast Cully Boulevard Portland, OR.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Development opportunity with CM2 zoning.; Potential for retail/service on street level with living above.; Up to 4 stories allowed.
More about this property
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