$4,999,000
$1M PRICE DROP

Estimated payment $26,139/month

Total Views 14,811
0.84 Acre
$5,951,190 Price per Acre
36,590 Sq Ft Lot

Highlights

  • 0.84 Acre Lot
  • Corner Lot
  • Separate Outdoor Workshop
  • Glencoe Elementary School Rated A-
  • No HOA
  • Garage

About This Lot

Located directly on the Montavilla Strip, one of the hottest locations in Portland: Six adjacent CM2 zoned lots are available at the bustling corner of Stark & 76th - currently the site of the Montavilla Farmer's Market. Such a prime location with .84 acres of heavy foot traffic. Alleyway serves as a desirable buffer, separating the residential area from the commercial zone. Incredible potential for commercial mixed-use development, including retail, office, and multi-family housing. All 6 lots to be sold together - seize this rare chance to shape Montavilla's future!

Listing Agent

Kevin Levy

Premiere Property Group, LLC License #200602422 Listed on: 09/17/2025

Premiere Property Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,158

Lot Details

  • 0.84 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • 6 Lots in the community
  • Additional Parcels
  • Land Lease expires 7/30/27
  • Property is zoned CM2

Parking

  • Garage

Home Design

  • Mixed Use

Schools

  • Bridger Elementary And Middle School
  • Franklin High School

Listing and Financial Details

  • Assessor Parcel Number R516504

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$2,158

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: MixedUse
  • Property Attached Yn: No
  • Current Price For Status: 4999000.0
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Road Frontage: Yes
  • Lot Features: Cleared, CornerLot, PublicRoad
  • Road Surface Type: Concrete
  • Other Structures: Garage, Workshop

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, NaturalGasAvailable, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bridger
  • High School: Franklin
  • Middle Or Junior School: Bridger

Lot Info

  • Zoning: CM2
  • Present Use: RawLand
  • Additional Parcels: Yes
  • Soil Condition: Unknown
  • Land Description: Level
  • Land Lease Expiration Date: 2027-07-30
  • Land Lease: Yes
  • Lot Size Acres: 0.84
  • Lot Size Sq Ft: 36590.0
  • Number Of Lots: 6
  • Parcel #: R516504

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2157.81

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 Price Changed $4,999,000 -16.7% --
09/17/2025 09/17/25 For Sale $5,999,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 647025177

Regional Multiple Listing Service (RMLS)