Listing Agency: Apex Real Estate Partners Show Phone

Listed By: Jordan Fezler · License #201225534 Show Phone

Source: Moodyscre

Added: Aug 7 Changed: Aug 29 Last Checked: Sep 7 at 10:38AM

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Investment Insights

Based on property information with market context.

This commercial land parcel encompasses approximately 20,026 SF, or 0.46 acres, within a Commercial Mixed Use 3 (CM3) zoning district. Development parameters include a maximum building height of 120 feet, a defined minimum height of 85 feet, and an FAR allocation of approximately 130,000 SF at roughly 6:1.

The comprehensive plan identifies the site for Mixed Use – Urban Center development. It is also located within the Sandy Boulevard Plan District (SD), providing additional planning context for future site evaluation.

Key Highlights

• Approximately 20,026 SF / 0.46 AC commercial land parcel
• Commercial Mixed Use 3 (CM3) zoning
• 120′ maximum height with a defined minimum of 85′

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Tanning Salon Grocery & Convenience Store Butcher 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

2,560

Businesses Nearby

Explore this area Business Placement

Demographics for 97232, OR

15,382

Population

9,594

Households

1.6

Avg Household Size

37

Median Age

65%

College-Educated

96%

High-School Grad

1.9 sq mi

ZIP Area

8,096

Density / Sq Mi

$71,278

Median Household Income

$49,794

Median Earnings

$1,584

Median Rent

$801,300

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Development site with CM3 zoning and urban-center mixed-use planning designation.

Where is this commercial land located?

The property is located at 990 NE 27th Ave Portland, OR.

What are key features of this property?

This property features: Approximately 20,026 SF / 0.46 AC commercial land parcel; Commercial Mixed Use 3 (CM3) zoning; 120′ maximum height with a defined minimum of 85′