$4,999,000
$1M PRICE DROP

Estimated payment $27,260/month

Total Views 33,004
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

  • 36,590 Sq Ft 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

0.84 Acres

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
  • Disclosures: Disclosure
  • 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 Year: 2024
  • Tax Annual Amount: 2157.81

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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)
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