7601 SE Division St Portland, OR 97206
- Land
- 0.92 lot acres
Current Use by Public Records
- Land
Property Details for 7601 SE Division St
- Lot size
- 0.92 lot acres
- Property type
- Land
- Property subtype
- Commercial land
Description
This exceptional 0.92-acre development opportunity is located at 7601 SE Division Street in Portland, Oregon, within Multnomah County (zip code 97206). Zoned CM2 (Commercial/Mixed Use 2), this property offers significant potential for a variety of uses, including multifamily residential, retail, office, and medical facilities. The asking price is $5,000,000. Its strategic location is just one block from Portland Community College, ensuring high visibility and accessibility. Based on a 4:1 Floor Area Ratio (FAR) plus bonus potential, the buildable area could reach 160,300 square feet. A multifamily development could potentially accommodate up to 213 units, assuming an average unit size of 750 square feet
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.585
- Latitude
- 45.5054