Description
This lucrative development site spans street to street between SE Crystal Springs Blvd and SEHarney St offering direct access from each street and maximizing layout options for roads, utilities,and building orientation. The expansive offering includes six individual tax lots, providing astrategic opportunity for subdivision developers, multifamily builders, or infill investors.The property is zoned RM1, which can support multi-dwelling residential use, including townhomes,apartments, and other middle housing types and allows for a potential density of up to 150 units(buyer to request specifics from the City of Portland/Multnomah County) So whether you're building apartments, condos, or subdividing into smaller residential lots, this site is positioned for success in one of Portland's emerging residential corridors. Per seller, the City of Portland may waive SDC charges for larger-scale developments, significantly reducing your cost basis (buyer to request specifics from the city of Portland). Owner financing is available, offering flexibility for qualified buyers.Reach out today to schedule a walk-through and explore the development potential!
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0BEDS
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2.36ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This lucrative development site spans street to street between SE Crystal Springs Blvd and SEHarney St offering direct access from each street and maximizing layout options for roads, utilities,and building orientation. The expansive offering includes six individual tax lots, providing astrategic opportunity for subdivision developers, multifamily builders, or infill investors.The property is zoned RM1, which can support multi-dwelling residential use, including townhomes,apartments, and other middle housing types and allows for a potential density of up to 150 units(buyer to request specifics from the City of Portland/Multnomah County) So whether you're building apartments, condos, or subdividing into smaller residential lots, this site is positioned for success in one of Portland's emerging residential corridors. Per seller, the City of Portland may waive SDC charges for larger-scale developments, significantly reducing your cost basis (buyer to request specifics from the city of Portland). Owner financing is available, offering flexibility for qualified buyers.Reach out today to schedule a walk-through and explore the development potential!
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