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240 NE Martin Luther King Jr Blvd - NE MLK Development Opportunity 0.13 Acres of Commercial Land Offered at $827,364 CAD in Portland, OR 97232



Investment Highlights
- Strong visibility located adjacent to I-84 and MLK Blvd!
- High density residential, commercial and light industrial uses
- EX Central Employment zoning - lots of flexibility
Executive Summary
Seize this rare opportunity to acquire a developable 5,949 SF lot currently improved as a parking lot, located adjacent to I-84 and MLK Boulevard. EX Central Employment zoning allows high density residential, commercial, and light industrial uses, offering exceptional flexibility for mixed use or employment focused development. Prime urban infill location with excellent freeway access and strong visibility, well positioned for developers seeking a strategic site with long term upside in a central Portland corridor.
Buyers to do all due diligence.
Email Admin@BradleyKingCRE.com for additional Buyer information including the Development package.
Buyers to do all due diligence.
Email Admin@BradleyKingCRE.com for additional Buyer information including the Development package.
Property Facts
| Price | $827,364 CAD | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 0.13 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | EX - Central Employment | ||
| Price | $827,364 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.13 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | EX - Central Employment |
1 Lot Available
Lot
| Price | $827,364 CAD | Lot Size | 0.13 AC |
| Price Per AC | $6,364,338.40 CAD |
| Price | $827,364 CAD |
| Price Per AC | $6,364,338.40 CAD |
| Lot Size | 0.13 AC |
Description
flat
1 1
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R150150 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $850,696 CAD |
Property Taxes
Parcel Number
R150150
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$850,696 CAD
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240 NE Martin Luther King Jr Blvd - NE MLK Development Opportunity
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