12295 NW CORNELL RD, Portland, OR 97229 | MLS #546932754 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of ELEETE Real EstateMLS# 546932754MLS Provider
  • 229 days on site
  • 3 views

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!

Source: Regional MLS, MLS#: 546932754

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  • Property Type
    Land
  • Lot
    0.39 acres

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  • Median Age
    39
  • Population Density
    3,477
  • College Educated
    73%
  • Estimated Median Income
    $123,522
  • Estimated Total Home Owners
    17,950
  • Estimated Total Renters
    7,854
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    71,529
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
11/13/2025Source: Regional MLS Added to Database
November 13, 2025