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Division Street Development Opportunity
For Sale
$3,600,000

7601 SE Division Street, Portland, OR 97206

Prime development site near Portland Community College with mixed-use potential.

Property SizeContact for details
Lot Size0.92 Acres
Days on Market208

Property Features for 7601 SE Division Street

General Information

Standard status Active
Lot size 0.92 Acres
Property subtype Land
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Corfac
Added: Jan 26 Changed: Aug 21 Last Checked: Aug 22 at 3:41AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This 0.92-acre (40,075 SF) development opportunity is located on SE Division Street near I-205 and 82nd Ave, which sees over 18,000 vehicles per day. The site is one block from Portland Community College Southeast Campus, which has 11,000 students. Nearby are major retail centers on SE 82nd Ave, Warner Pacific College, Pioneer Special School, Bridger Elementary, and Mt. Tabor Nature Park. Located at SE Division St. & SE 76th Ave, the property has a building potential of 160,300 SF buildable area based on a 4:1 FAR plus bonus potential. The CM2 (Commercial/Mixed Use 2) zoning permits multifamily, residential, retail, and office uses. The site has multifamily potential of up to 213 units based on an average unit size of 750 SF, and is ideal for micro units at an even higher density.

Key Highlights

  • High‑Density Development Potential: Build up to 213 units on a 160,300 SF buildable area.
  • Prime Location on SE Division St: Benefit from high visibility with over 18,000 vehicles per day.
  • CM2 Zoning: Allows for diverse development options including multifamily, residential, retail, and office.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Kitchen & Bath Showroom Barber Shop (Bike/Boat/Book/etc) Store

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

843
Businesses Nearby

Demographics for 97206, OR

51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime development site near Portland Community College with mixed-use potential.
Where is this commercial land located?
The property is located at 7601 SE Division Street Portland, OR.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: High‑Density Development Potential: Build up to 213 units on a 160,300 SF buildable area.; Prime Location on SE Division St: Benefit from high visibility with over 18,000 vehicles per day.; CM2 Zoning: Allows for diverse development options including multifamily, residential, retail, and office.
More about this property
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