5511 Hood AvePortland, OR 97239

For Sale
$4,500,000

1-Acre CM2 Zoned Land, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 1-acre redevelopment opportunity in Portland, Oregon's desirable Johns Landing neighborhood presents 43,500 square feet of level land zoned CM2. The property comprises ten parcels, offering significant flexibility for various development projects, including multifamily, mixed-use, retail, and office spaces. Its strategic location provides easy access to downtown Portland, Lake Oswego, Sellwood, and Southwest Portland via Macadam Avenue and I-5. The rarity of this large, level CM2-zoned parcel is underscored by the scarcity of comparable properties within a three-mile radius

Highlights

  • 1-Acre, level, CM2-zoned redevelopment site in Portland's Johns Landing.
  • Ten tax lots offer development flexibility.
  • Five income-producing properties with month-to-month leases.
  • Excellent location near amenities, including shopping, dining, and recreation.

Property Details for 5511 Hood Ave

Property type
Other mixed-use properties, Other land
Square Feet
43,500 SF
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.4836677
Longitude
-122.6750246
5511 Hood Ave, Portland, Oregon

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5511 Hood Ave
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