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7601 SE Division St - SE Division Development Land 0.92 Acres of Commercial Land Offered at $3,600,000 in Portland, OR 97206
Investment Highlights
- Development Site at SE Division St. & SE 76th Ave
- Multifamily Potential of up to 213 Units (Based on Avg. Unit Size of 750 SF) or Ideal for Micro Units at Even Higher Density
- Permitted Uses under CM2 Zoning Include: Multifamily, Residential, Retail, Office
- Building Potential: Based on 4:1 FAR + Bonus Potential of 160,300 SF Buildable Area
- Zoning: CM2 (Commercial/Mixed Use 2)
Executive Summary
Development Opportunity on SE Division St
Multifamily - Retail - Office - Medical
One Block to Portland Community College
--------------------
Sale Price: $3,600,000 ($90/SF)
Land Area: 40,075 SF (0.92 AC)
Multifamily - Retail - Office - Medical
One Block to Portland Community College
--------------------
Sale Price: $3,600,000 ($90/SF)
Land Area: 40,075 SF (0.92 AC)
Property Facts
| Price | $3,600,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.92 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | CM2 - Commercial/Mixed Use 2 | ||
| Price | $3,600,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.92 AC |
| No. Stories | 1 |
| Zoning | CM2 - Commercial/Mixed Use 2 |
1 Lot Available
Lot
| Price | $3,600,000 | Lot Size | 0.92 AC |
| Price Per AC | $3,913,064.74 |
| Price | $3,600,000 |
| Price Per AC | $3,913,064.74 |
| Lot Size | 0.92 AC |
SE Division Street Near I-205 and 82nd Ave: Over 18,000 VPD One Block to Portland Community College Southeast Campus - 11,000 Students Nearby Major Retail Centers on SE 82nd Ave, Warner Pacific College, Pioneer Special School, and Bridger Elementary
Walk Score®
Very Walkable (74)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | R332517 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $468,530 |
Property Taxes
Parcel Number
R332517
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$468,530
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7601 SE Division St - SE Division Development Land
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