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!
Listing Provided Courtesy of Lee Davies, ELEETE Real Estate
General Information
546932754
MixedUse
89
DOM
0.39 acres
RC
Washington
R638625
Terra Linda 5/10
Tumwater
Sunset 5/10
Land
MixedUse
MCGILL ACRES, LOT PT 39, ACRES 0.39
Listing Provided Courtesy of Lee Davies, ELEETE Real Estate
Krishna Realty data last checked: Mar 16, 2026 07:30 | Listing last modified Feb 09, 2026 20:41,
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Residence Information
No
Features and Utilities
Financial
5113.52
0
Conventional,FHA,VALoan
11-12-2025
No
No
Comparable Information
89
124
Conventional,FHA,VALoan
$575,000
$575,000
Feb 09, 2026 20:41
Schools
public Elementary : Terra Linda
5/10Ratings Middle : Tumwater N/ARatingspublic High : Sunset
5/10Ratings
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!
