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Two-Parcel Commercial Land
For Sale
$700,000

4121 NE GRAND Ave, Portland, OR 97211

Land, Portland, OR

Property SizeContact for details
Lot Size0.11 Acres
Days on Market53

Property Features for 4121 NE GRAND Ave

General Information

Property type Land
Property subtype Other
Zoning RM4D
Elementary school Sabin
High school Jefferson
Directions E side of MLK between Skidmore and Mason
Subdivision _142
Standard status Active
APN R207401
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description LINCOLN PK ANX, BLOCK 14, LOT 11 EXC W 7' & EXC PT IN ST
Tax Annual Amount 644
Legal Description LINCOLN PK ANX, BLOCK 14, LOT 11 EXC W 7' & EXC PT IN ST
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Oksana Tsarenko
Added: Aug 13 Changed: Aug 19 Last Checked: Oct 4 at 8:06PM
MLS# 220432303

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 combines two adjoining tax parcels totaling 0.11 acres. The properties are being conveyed together and are not available for separate purchase. The site carries RM4D zoning and has frontage and access on both NE Martin Luther King Jr Blvd and NE Grand Ave.

The property is positioned in Portland near public transportation, restaurants, shopping, neighborhood amenities, major employment centers, and downtown access. The surrounding area includes residential and mixed-use development. Zoning, allowable uses, utilities, permits, and development requirements are subject to verification with the City of Portland and other appropriate agencies.

Key Highlights

  • Two adjacent tax parcels offered together
  • 0.11 acres combined
  • RM4D zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store Home Appliance Store Storage Facility Tanning Salon

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

1,895
Businesses Nearby

Demographics for 97211, OR

33,762
Population
15,106
Households
2.2
Avg Household Size
38
Median Age
56%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
4,755
Density / Sq Mi
$109,604
Median Household Income
$59,171
Median Earnings
$1,818
Median Rent
$616,800
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 - Adjacent parcels offer access from both NE Martin Luther King Jr Blvd and NE Grand Ave.
Where is this commercial land located?
The property is located at 4121 NE GRAND Ave 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: Two adjacent tax parcels offered together; 0.11 acres combined; RM4D zoning
More about this property
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