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4120 NE Cully Blvd - NE Cully 0.14 - 0.14 Acre Commercial Land Lots Offered at $339,900 - $339,900 Per Lot in Portland, OR 97218

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INVESTMENT HIGHLIGHTS

  • Mixed use - retail, residential
  • on bus line
  • vacant, level

EXECUTIVE SUMMARY

Development opportunity with CM2 zoning. Suggested uses include retail sales & services on street level with living above. Up to 4 stories allowed. This is lot 1 of 2 lots available on the corner of NE Cully & NE Mason with a total of 12,162sf for both lots. Sellers prefer to sell both lots together and open to terms.
Total price for the property as a whole would be: $679,800.

PROPERTY FACTS

Price $339,900 - $679,800
Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Community Center
  • Neighborhood Center
  • Planned Unit Development
  • Self Storage
  • Storefront, Retail or Residential
Total Lot Size 0.28 AC
Zoning CM2 - Medium scale, commercial mixed use zone intended for sites well served by frequent transit. Up to 4 stories allowed with bonuses up to 5 stories

2 LOTS AVAILABLE

Lot 1

Price $339,900
Price Per AC $2,442,442.01
Lot Size 0.14 AC

Level, corner lot when combined with 5819 NE Mason. Zoning is CM2

Lot 2

Price $339,900
Price Per AC $2,427,215.66
Lot Size 0.14 AC

Level, corner lot when combined with 4120 NE Cully BLVD. Zoning is CM2

DESCRIPTION

Development opportunity with CM2 zoning. Suggested uses include retail sales & services on street level with living above. Up to 4 stories allowed. This is lot 1 of 2 lots available on the corner of NE Cully & NE Mason with a total of 12,162sf for both lots. Sellers prefer to sell both lots together and open to terms.

Walk Score®
Very Walkable (80)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R139076
  • R139075
Land Assessment
$149,110
Improvements Assessment
$0
Total Assessment
$149,110
  • Listing ID: 37972429

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 4120 NE Cully Blvd, Portland, OR 97218

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