CM2 Commercial Development
For Sale
$350,000
7044 NE M L KING Blvd, Portland, OR 97211
Land, Portland, OR
Property SizeContact for details
Lot Size0.16 Acres
Days on Market567
Property Features for 7044 NE M L KING Blvd
General Information
Property type
Land
Property subtype
Other
Zoning
CM2
View
City
Elementary school
Woodlawn
Middle school
Ockley Green
High school
Jefferson
Directions
E SIDE MLK BETWEEN BRYANT AND MORGAN
Subdivision
_142
Standard status
Active
APN
R155333
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
EL TOVAR, BLOCK 9, LOT 7-9
Tax Annual Amount
5312
Legal Description
EL TOVAR, BLOCK 9, LOT 7-9
Listing Agency:
Rarebird Real Estate
(503) 451-0545
Listed By:
Sang Vu
(503) 908-4117
Added: Feb 20, 2025
Changed: Sep 5
Last Checked: Sep 10 at 6:06PM
MLS# 304605265
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 0.16-acre commercial land parcel is level, cleared, and ready for continued development. The site carries CM2 zoning, with permits already pulled for a food cart development and major infrastructure work completed during the development process. The 75-by-94-foot lot is also identified for apartment or retail development.
Located on NE M L KING Blvd in Portland, the property is positioned near transit, restaurants, parks, and shops. Its existing site preparation and permitted food cart concept provide a defined starting point for future development, subject to applicable approvals and requirements.
Located on NE M L KING Blvd in Portland, the property is positioned near transit, restaurants, parks, and shops. Its existing site preparation and permitted food cart concept provide a defined starting point for future development, subject to applicable approvals and requirements.
Key Highlights
- 0.16‑acre commercial land parcel
- CM2 zoning
- 75' x 94' cleared and leveled lot
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Cleared, level development site with permits pulled for food cart use and infrastructure work already completed.
Where is this commercial land located?
The property is located at 7044 NE M L KING Blvd Portland, OR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 0.16‑acre commercial land parcel; CM2 zoning; 75' x 94' cleared and leveled lot
