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14900 SE Stark St 0.85 Acres of Industrial Land Offered at $2,600,000 in Portland, OR 97233
Investment Highlights
- CM2-zoned parcel with plans for 178 units plus retail space.
- Positioned near MAX Blue Line and major freeway access.
- Engineering and entitlement work approximately 70% complete.
- Surrounded by retail, dining, and neighborhood amenities.
Executive Summary
This 36,960 SF parcel offers a significant development opportunity in Portland’s Centennial neighborhood. Engineered and entitled for a 4-story, 178-unit mixed-use apartment project with ground-floor retail, this site is approximately 70% through the entitlement process, providing a head start for developers. The CM2 zoning allows flexibility for multifamily and commercial use, making it ideal for creating a high-demand residential and retail destination. Located along SE Stark Street, the property benefits from excellent connectivity with direct access to I-205 and the TriMet MAX Blue Line. Surrounding amenities include major retailers, dining, and services, ensuring strong consumer and renter appeal. Offered at $2,600,000, this parcel is positioned to leverage East Portland’s growth and strong rental demand.
Property Facts
| Price | $2,600,000 | Property Subtype | Industrial |
| Sale Type | Investment | Total Lot Size | 0.85 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | CN1 | ||
| Price | $2,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 0.85 AC |
| Opportunity Zone |
Yes |
| Zoning | CN1 |
1 Lot Available
Lot
| Price | $2,600,000 | Lot Size | 0.85 AC |
| Price Per AC | $3,058,823.53 |
| Price | $2,600,000 |
| Price Per AC | $3,058,823.53 |
| Lot Size | 0.85 AC |
This 36,960 SF parcel presents a rare development opportunity in Portland’s Centennial neighborhood, with plans for a 4-story, 178-unit mixed-use apartment project featuring ground floor retail. The prior owner has advanced the project through engine
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Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R208254 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $507,180 |
Property Taxes
Parcel Number
R208254
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$507,180
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14900 SE Stark St
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