3030 Montara LoopPortland, OR 97229

This exceptional 15,773 square foot development site, located at 3030 NW Montara Loop in Portland, Oregon (Multnomah County, zip code 97229), presents a unique opportunity for building an eight-unit upscale condominium project. The property is offered fee simple and boasts an RM1 zoning designation, making it ideal for residential construction. The site has undergone significant pre-development work, including engineering, permitting, some earthwork, and a partially completed foundation. Detailed plans for the project are readily available to prospective buyers. This prime location in Portland's Forest Heights neighborhood offers unparalleled access to major employers such as Intel and Nike, as well as the city's thriving tech sector. Residents will enjoy proximity to scenic parks, open space, and a vibrant array of dining and entertainment options. The property's convenient location also provides easy access to transportation links. The site backs up to an open space corridor, offering residents a tranquil setting. This is a rare opportunity to acquire a nearly shovel-ready development site in a highly desirable Portland neighborhood. The APN numbers are R334825 & R334698. The asking price for this exceptional property is $1,250,000.