12295 NW Cornell Rd, Portland, OR 97229

Local realty services provided by:CENTURY 21 Northstar
12295 NW Cornell Rd,Portland, OR 97229
$575,000
  • 0.39 Acres
  • Lots / Land
  • Active
Listed by: lee davies, michael davies
Office: eleete real estate
MLS#:546932754
Source:PORTLAND

Price summary

  • Price:$575,000

About this home

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!

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Home facts

  • Listing ID #:546932754
  • Added:73 day(s) ago
  • Updated:January 27, 2026 at 12:18 PM

Structure and exterior

  • Lot area:0.39 Acres

Schools

  • High school:Sunset
  • Middle school:Tumwater
  • Elementary school:Terra Linda

Finances and disclosures

  • Price:$575,000
  • Tax amount:$5,114 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Northstar are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: January 27, 2026