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$3,500,000
258454436 MLS
Exceptional opportunity to acquire a highly visible downtown Portland parcel currently operating as an income-generating surface parking lot. Located in the heart of the city at SW 2nd Ave & Salmon St, this site offers outstanding foot traffic, accessibility, and urban exposure.The current owner is almost through the permitting process to develop the un-used side of the parcel into a food cart pod — one of Portland's most iconic and profitable commercial formats. Food cart pods have become a cornerstone of Portland's culinary culture, drawing consistent local and tourist traffic. The parcel's flexibility allows for various development directions for the right buyer or investor.Whether you execute the food cart pod vision or explore alternative development possibilities, this downtown location offers rare flexibility in one of Oregon's most dynamic urban markets. •Currently operating as surface parking (existing cash flow)•Conceptual plans for food cart pod•Prime SW Portland address with high visibility & foot traffic•Located in the center of Downtown Portland right next to the Court House, walking distance to the river front. •Strong surrounding daytime & evening pedestrian activity

969 SW 2nd AVE Unit #4000, Portland

$507,000
224799951 MLS
10.13-acre EFU-zoned parcel situated just outside the Urban Growth Boundary along the NW Germantown Road corridor, right outside the Bethany neighborhood. Utilities are available at the road frontage.For the investor, this parcel offers an attractive covered land play if you were to farm part of the property or harvest timber. Historically, EFU properties on the UGB fringe are among the first considered during Metro's boundary expansion evaluations. Hold the land in agricultural use near-term while positioning for significant upside if and when the parcel is brought into the UGB. Or, farm the land, meet the EFU farm dwelling permit requirements and apply for a farm dwelling permit and build your dream home on an expansive 10 acre estate

NW Germantown RD, Portland

$895,000
166030785 MLS
Discover a once in a lifetime chance to own 30 breathtaking acres with stunning territorial views—all under $1 million and just minutes from Intel, Nike, and Portland. This rare heirloom property offers endless possibilities to create your dream estate and retreat. Watch unforgettable sunsets to the west and enjoy sweeping views to the north and east, including glimpses of Mt. Adams, Mt. St. Helens, and, on the right nights, dazzling meteor showers and even the Northern Lights. The level, upper section of the property provides an ideal homesite to build your custom dream home, while the remaining acreage offers the perfect canvas for your own private outdoor wonderland for recreation, privacy, and enjoying the natural beauty that surrounds you. Set among an area known for high end estates and luxury rural properties, this land offers the rare chance to join a community of exceptional homes while still enjoying a tranquil setting with room to breathe. Fruit trees, sunny garden spaces, and substantial acreage make this a truly special find. The existing home can be renovated to suit your vision or used as a comfortable place to live while you build your home. The county allows one residence on the property. Recent improvements include a new 1,000 gallon septic tank and drainfield.

13130 NW SKYLINE BLVD, Portland

$359,900
447583813 MLS
Build your dream home in the highly sought after community of Forest Heights! This .24 acre lot offers a rare opportunity to create a custom residence in one of the most desirable neighborhoods in the Portland metro area. Nestled among established homes and surrounded by lush Pacific Northwest greenery, the property provides a peaceful setting while remaining close to everyday conveniences.Enjoy nearby parks, scenic walking trails, and easy access to neighborhood shops, dining, and top rated schools. With its generous size and prime location, this lot is ideal for designing a home that takes advantage of the natural surroundings while still being just minutes from the heart of the city.A wonderful opportunity to secure land in beautiful Forest Heights and bring your vision to life.

78 NW DEVOTO LN, Portland

$345,000
641160883 MLS
CM3 Development Opportunity | 10,722 SF Mixed-Use Site on Foster Corridor. Investor and developer opportunity in Portland’s Foster Corridor and Lents Town Center district. This 10,722 sq ft property is zoned CM3 – Commercial Mixed Use offers potential for multifamily or mixed-use development along one of Southeast Portland’s designated urban corridors. The lot size could potentially support a 20–28 unit apartment or mixed-use project with potential for ground-floor retail, live/work space, or neighborhood commercial uses with residential units above (buyer to verify development capacity and permitted uses). CM3 zoning allows a wide range of uses including multifamily housing, apartments, commercial services, office space, and mixed-use residential projects, creating flexibility for builders and investors seeking long-term redevelopment potential.Located minutes from Lents Town Center, the MAX Green Line station, and I-205, the property benefits from easy connectivity due to proximity transit lines and I-205. The Foster corridor has seen streets improvements, pedestrian upgrades, and new mixed-use housing projects that continue to bring activity and redevelopment to the neighborhood. Future residents would be close to Springwater Corridor Trail, Mt. Scott Community Center, neighborhood parks, and local dining, while remaining connected to downtown Portland. Development opportunities with CM3 zoning and over 10,000 sq ft of land are increasingly rare along the Foster corridor, making this a an opportunity for developers and investors looking to participate in Portland’s next phase of corridor housing and mixed-use growth.Buyer to perform due diligence regarding zoning and development.

9639 SE FOSTER RD, Portland

$875,000
487259976 MLS
An extraordinary development opportunity awaits at 2737 SE 115th Ave, Portland, OR! Combination of two tax lots. Currently, only one structure stands, offering the choice to either demolish or maintain for rental income, generating $1,800 per month on a flexible month-to-month lease. You have the option to retain the tenant, securing income while finalizing permits or begin fresh with your vision. Seller can deliver the property vacant if requested. What sets this property apart is the substantial groundwork that's already been completed, saving you valuable time and financial resources. However, the potential doesn't stop there; this property offers more than one avenue for development, with possibilities ranging from 16 to 36 units. Location is key, and this property enjoys a prime position close to Division Street and the Trimet Bus line, ensuring accessibility and convenience. Moreover, the area has seen a surge in new residential infill projects, highlighting its desirability and growth potential.Buyers are encouraged to conduct their due diligence, exploring the many opportunities this property offers. Seller participating in a 1031 exchange at no expense to the buyer. Whether you're an experienced developer or a newcomer to the real estate scene, this property's pre-established groundwork, versatility, and flexible terms make it a rare find. Seize the chance to shape your vision into reality!

2737 SE 115TH AVE, Portland

$449,900
145251130 MLS
Exceptional opportunity to build on a .26 acre corner lot in the desirable Sylvan-Highlands neighborhood of Southwest Portland. Zoned R10, this property offers generous space, exceptional street frontage, and flexibility for a custom home in one of SW Portland’s most sought after residential pockets. As a pre-RIP (Residential Infill Project) site, it benefits from the ability to allot for much more square feet to be developed when compared to newer developments. Positioned with very few neighbors and lots of added backyard privacy, the setting offers a unique sense of separation while remaining close to everyday amenities. Sylvan-Highlands is known for its quiet, established setting, larger lots, and close proximity to both nature and city amenities. Enjoy easy access to the Marquam Nature Park trail system and nearby Council Crest, along with Washington Park attractions including Hoyt Arboretum, the International Rose Test Garden, and the Portland Japanese Garden, all just minutes away. The neighborhood’s elevated setting, mature surroundings, and strong residential character make it especially attractive for buyers seeking privacy with connectivity to Downtown Portland, Highway 26, shopping, dining, and everyday conveniences. Water, sewer, and electrical are available to the site; buyer to verify utility locations and connection requirements. Proposed building plans available upon request to help visualize future possibilities. Buyer to perform all due diligence regarding development potential.

5830 SW SALMON ST, Portland

$4,500,000
508452690 MLS
This rare nine-lot assemblage presents a significant multifamily development opportunity in a highly desirable transit-oriented location. The combined parcels total approximately 100,190 square feet and are zoned RM3, allowing for substantial residential density and long-term upside potential. Under current zoning, the site supports development of approximately 100 market-rate units. By utilizing the 3:1 FAR base ratio and taking advantage of available density bonuses for affordable housing, the development potential increases dramatically to a higher number of units. Qualifying projects may also benefit from no minimum parking requirements, providing greater flexibility in site planning and improved project efficiency. The property is ideally situated with excellent access to light rail, multiple bus lines, parks, shopping, and restaurants. This strong connectivity enhances long-term rental demand and positions the site well for both market-rate and affordable housing development. In addition to its development potential, the property currently generates rental income, helping offset holding costs while development plans, entitlements, and permitting are pursued. This income component provides strategic flexibility during the planning phase. Opportunities of this scale, density, and transit accessibility are increasingly rare. This assemblage offers a compelling combination of current income, zoning flexibility, and substantial future development capacity in a growing corridor. Buyer to perform their own due diligence regarding development capacity, FAR bonuses, affordable housing incentives, and all zoning requirements.

E Burnside ST, Portland

$700,000
556474921 MLS
Seize a rare opportunity to acquire 9,000 square feet of high visibility development land along the NE Martin Luther King Jr. Boulevard corridor. Comprised of three separate tax lots and zoned CM2, the site supports potential for a wide range of higher density residential, retail, office, and mixed use development potential. With strong street presence and consistent daily traffic exposure, the property is well positioned for a mixed use concept featuring active ground floor retail with residential above. Strategically located with convenient access to major arterials, public transit, and approximately one mile from Legacy Emanuel Hospital. Surrounding development activity, neighborhood amenities, and proximity to central Portland employment hubs further reinforce the long term fundamentals of this location. Buyer to perform all due diligence with the City regarding development capacity.

3620 NE M L KING BLVD, Portland

$1,695,000
455511701 MLS
An exceptional opportunity awaits in beloved Dunthorpe accessing Oregon's top-rated Riverdale Schools on a park-like almost 2 acre private parcel nestled along a no-through road lined with handsome estate homes. Bring your vision to life on one of the last large lots available in this coveted neighborhood convenient to both Portland and Lake Oswego amenities, minutes from miles of prime Pacific Northwest hiking trails, championship golf courses, leading healthcare, including OHSU, and just a quick trip to renowned Oregon wine country or the spectacular Oregon Coast! Enjoy sweeping lawns, mature trees and plantings, and option to restore the classic revival residence 3,500 sf home or begin anew with your dream team architect/builder. The possibilities are endless and the quality of life unmatched!

11385 S RIVERWOOD RD, Portland

$179,000
393285981 MLS
Price Reduced for Quick Sale!Incredible opportunity on a prime 50' x 100' lot with an existing foundation, ideally located near the highly sought-after Woodstock neighborhood in Portland. This property offers exceptional potential to build your dream home or a high-performing investment in one of Portland’s most desirable communities. Envision creating a custom residence tailored to your lifestyle, all while enjoying the charm, convenience, and vibrant local culture that Woodstock is known for—just moments from your doorstep. Whether you’re a homeowner ready to design your perfect space or an investor looking to capitalize on Portland’s strong housing demand, this lot is the ideal canvas. Added value comes with original permits and plans already in place for a multi-family triplex. The existing basement/foundation also offers the potential for an ADU, opening the door to additional income or flexible living arrangements. Don’t miss this rare chance to secure a build-ready property in a beloved Portland neighborhood with outstanding upside potential.

8040 SE KNIGHT ST, Portland

$599,000
277045500 MLS
Prime development opportunity in NE Portland with strong infill potential. This property is being offered as a land value/development play with a preliminary fit test suggesting the potential for a 14-unit townhome project (8 smaller units and 6 larger units). Ideal for builders or investors looking for their next infill project in a growing area with strong resale demand.The existing structure on site is considered functionally obsolete and the property is best suited for redevelopment or rehab. Preliminary architectural concepts and fit test available for review to help illustrate the potential vision for the site. Buyer to perform all due diligence regarding zoning, density, utilities, and development feasibility.Conveniently located with access to major commuter routes, shopping, and amenities, this site presents a compelling opportunity for a developer to capitalize on new construction demand in the Portland market. Rare chance to acquire a project-ready site where much of the initial visioning work has already been completed. Bring your builder, investor, or development team — opportunities like this are limited.

425 NE 146TH AVE, Portland

$1,895,000
151640876 MLS
A rare opportunity in North Bethany Area 93 / Bonny Slope to secure one of the last remaining R6-zoned parcels in Washington County. Preliminary planning and conceptual layouts illustrate multiple development paths, including a middle housing configuration of approximately 14–16 Lots, a boutique Executive community of ~6 home Lots, or 2 custom estate home Lots on separate tax lots, all subject to jurisdictional approvals and buyer due diligence The setting offers a unique blend of privacy, preserved natural corridors, and proximity to major employers, schools, and future park and trail connections, as outlined in the attached development materials and exhibits Property access is by appointment only. Contact Agent for full development documentation, studies, and concept plans. Buyer to perform all due diligence.**Must schedule an appt to walk the property**

12440 NW LAIDLAW RD, Portland

$1,400,000
130516453 MLS
NO SIGN ON PROPERTY, DO NOT WALK PROPERTY WITHOUT PERMISSION AND DO NOT DISTURB TENANT. Value is in the land + entitlements. Project is SHOVEL READY, you could be moving dirt this spring! Property has approval for the development of a 20-unit cottage cluster development from the City of Tigard. Peaceful setting, walkable to mass transit, access to commercial services and solid proximity to employment centers. Includes all third party work completed to date, including; architectural, civil engineering, geotechnical engineering, electrical engineering, arborist reports, and traffic analysis completed to date. Perfect project for build to rent or build for sale product. Competitive 2-Bed, 1.5-Bath floorplans at roughly 1,100 sq.ft. per cottage. Land Use Approval and Construction Documents Available for Review,

9270 SW EDGEWOOD ST, Portland

$1,595,000
378371258 MLS
Rare West Hills view opportunity. Elevated homesite capturing sweeping vistas of downtown Portland, the Willamette River, and four iconic mountains — Hood, Adams, St. Helens, and Rainier. Generous lot size and premier positioning create exceptional potential for redevelopment, reimagining, or renovation. Existing residence included in sale. Ideal opportunity to build a custom luxury estate or update the current home to maximize scale, views, and value. Properties of this size and view orientation rarely become available at this price point. Renderings and imagery are conceptual only and provided for illustrative purposes. Proposed designs are not included in the sale price. Buyer to perform due diligence regarding development potential, design feasibility, and permitting. Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10227370

1235 SW MYRTLE CT, Portland

$820,000
257351644 MLS
Exceptional CM2 mixed-use redevelopment opportunity in Montavilla with two parcels on a prominent corner site and dual access points. Zoning supports a wide range of commercial and mixed-use development concepts, including residential units and retail/residential combinations, subject to buyer verification.The property is being marketed primarily for land value and future development potential. Existing improvements are present and may be considered non-contributory. Billboard lease in place. Utilities available at the street; gas meter has been removed.Strategically located with visibility and access near major arterials and freeway routes, offering long-term redevelopment potential in an established East Portland corridor. Seller may consider partial seller carry financing, subject to terms. Interior access by appointment only.

8523 SE STARK ST, Portland

$250,000
626147283 MLS
Tucked into the iconic West Hills of Portland, four rare, buildable lots are offered within an intimate enclave of approximately 90,000 square feet of privately held, forested acreage. This is a setting defined by stillness and scale where towering trees surround and insulate the community, creating a living landscape that feels both deeply secluded and remarkably connected. Each future home is envisioned to engage the forest vertically, with views that evolve from the shaded forest floor through layered branches and up into the open canopy above, revealing light, movement, and seasonal change at every level.Set amid the lush green of an ancient woodland, the lots are fully prepared for development. All utilities are located in the street, with each individual lot already connected to the city sewer line, streamlining the building process. Notably, no city design review is required, offering an uncommon opportunity to move from concept to construction with clarity and efficiency.Despite its quiet, protected setting, the location is exceptionally convenient. The surrounding forested views are environmentally protected and will remain undeveloped, preserving the natural backdrop indefinitely. Portland International Airport is just 30 minutes away, downtown Portland is reached in approximately 12 minutes, and Nike World Headquarters in Beaverton is a 13-minute drive. This is a singular opportunity to build within a living forest—where architecture, nature, and thoughtful planning converge in one of Portland’s most coveted hillside neighborhoods.

NW ROYAL - Lot 3 BLVD, Portland

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