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Listed by ELEETE Real Estate
$ 575,000
Est. payment /mo
New
12295 NW CORNELL RD Portland, OR 97229
0.39 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Mcgill Acres
MLS Listing ID 546932754
HOA Y/N No
Annual Tax Amount $5,113
Tax Year 2025
Lot Size 0.390 Acres
Property Sub-Type Mixed Use
Property Description
Prime Cedar Mill development opportunity! This level 0.39-acre parcel is ideally located in Portland's highly desirable 97229 zip code—home to executives from Nike and Intel. Zoned RC (Transit-Oriented Retail Commercial District), this property offers exceptional flexibility for future development. Current zoning allows for improvements up to 5,950 sq. ft. and supports a wide range of permitted uses, including retail businesses, professional offices, clinics, service establishments, and multi-family housing.Situated on a high-traffic corridor in the heart of Cedar Mill, this rare parcel is perfect for investors, developers, or business owners ready to stop paying rent and start building equity. Cedar Mill is growing and evolving into a vibrant, walkable town center community—don't miss your chance to be part of it!
Location
State OR
County Washington
Area _149
Zoning RC
Exterior
Utilities Available SeeRemarks
Garage No
Building
Lot Description Corner Lot
Schools
Elementary Schools Terra Linda
Middle Schools Tumwater
High Schools Sunset
Others
Acceptable Financing Conventional, FHA, VALoan
Listing Terms Conventional, FHA, VALoan
