CM3 Commercial Development
For Sale
$295,000
9639 SE FOSTER Rd, Portland, OR 97266
Land, Portland, OR
Property SizeContact for details
Lot Size0.25 Acres
Days on Market203
Property Features for 9639 SE FOSTER Rd
General Information
Property type
Land
Property subtype
Other
Zoning
CM3
Elementary school
Lent
Middle school
Alice Ott
High school
Franklin
Directions
Between Hwy 205 and SE 97th-Foster one way
Subdivision
_143
Standard status
Active
APN
R335773
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
SECTION 16 1S 2E, TL 600 0.25 ACRES
Tax Annual Amount
2775
Legal Description
SECTION 16 1S 2E, TL 600 0.25 ACRES
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Lisa Mehlhoff · License #200603251
(503) 490-4888
Added: Mar 16
Changed: Sep 21
Last Checked: Oct 4 at 9:06PM
MLS# 641160883
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 0.25-acre commercial land parcel contains 10,722 square feet and is designated CM3 Commercial Mixed Use. The site is positioned for further evaluation of commercial, residential, or mixed-use development concepts, with preliminary concepts indicating potential for a 20-28-unit apartment or mixed-use project. Any development capacity, permitted uses, utilities, and approvals require independent buyer verification.
Located at 9639 SE Foster Rd in Portland, the property sits along the Foster Road corridor near Lents Town Center, the MAX Green Line, and I-205. The surrounding area includes the Springwater Corridor Trail, Mt. Scott Community Center, neighborhood parks, dining, and services. The seller will consider short-term financing for a qualified buyer while due diligence, design, and entitlement work are completed.
Located at 9639 SE Foster Rd in Portland, the property sits along the Foster Road corridor near Lents Town Center, the MAX Green Line, and I-205. The surrounding area includes the Springwater Corridor Trail, Mt. Scott Community Center, neighborhood parks, dining, and services. The seller will consider short-term financing for a qualified buyer while due diligence, design, and entitlement work are completed.
Key Highlights
- 10,722 SF CM3 Commercial Mixed Use development site
- 0.25‑acre parcel along Portland’s Foster Road corridor
- Preliminary concepts suggest potential for a 20‑28‑unit apartment or mixed‑use project
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
Demographics for 97266, OR
36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Quarter-acre parcel along Foster Road with CM3 zoning and access to transit, major routes, and nearby neighborhood services.
Where is this commercial land located?
The property is located at 9639 SE FOSTER Rd Portland, OR.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 10,722 SF CM3 Commercial Mixed Use development site; 0.25‑acre parcel along Portland’s Foster Road corridor; Preliminary concepts suggest potential for a 20‑28‑unit apartment or mixed‑use project
