6220 122Nd Ave, Portland, OR 97236
This exceptional 1.63-acre commercial land parcel, located at 6220 SE 122nd Avenue in Portland, Oregon, presents a compelling investment opportunity. The property, encompassing five tax lots, is zoned CM2, offering significant development potential. The asking price is $3,700,000. The site boasts convenient access from both SE 122nd Avenue and SE Foster Road, enhancing its accessibility and visibility. Currently, there is one improved residential dwelling on the site, which could be incorporated into future development plans or removed to maximize the land's potential. Situated in Multnomah County, with a 97236 zip code, this property offers a strategic location within Portland's dynamic commercial landscape. The expansive lot size provides ample space for a variety of commercial ventures, making it an attractive proposition for developers and investors seeking a prime location with significant upside. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable Portland location. Don't miss this chance to secure a valuable asset with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.