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12295 NW CORNELL RD Portland, OR $ 575,000
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$ 575,000 Get more info
12295 NW CORNELL RD
$ 575,000
Back to search
Share Save

12295 NW CORNELL RD

Portland, OR, 97229
$ 575,000
Baths0.0

Monthly Estimate*

$ 3,587

12295 NW CORNELL RD, Portland, OR 97229 - Image 1
12295 NW CORNELL RD, Portland, OR 97229 - Image 2
12295 NW CORNELL RD, Portland, OR 97229 - Image 3
12295 NW CORNELL RD, Portland, OR 97229 - Image 4
12295 NW CORNELL RD, Portland, OR 97229 - Image 5
Studio

Lots and Land for sale in Portland, OR

for $575,000. The lot size is 0.39.

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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Lots and Land Active

Price

$ 575,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,113

Style

MixedUse

Lot Size

0.39

Town/City

Portland

County/Region

Washington

MLS | Web ID

546932754
Features
General
Utilities SeeRemarks
Zoning RC
Property Subtype MixedUse
Tax Year 2025
Current Use Commercial Retail
Parcel Number R638625
County Washington
Property Type Land
HOA N
Subdivision Name McGill Acres
Other Structures Commercial Sidewalk
Status Active
Directions NW Dale St x NW Cornell Rd
High School Sunset
City Portland
Disclosures Disclosure
MLS Area _149
Lot Size Square Feet 16988.0
Listing Terms Conventional FHA VALoan
Elementary School Terra Linda
Tax Annual Amount 5113.52
Middle/Junior High School Tumwater
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description MCGILL ACRES LOT PT 39 ACRES 0.39
Land Lease Expiration Date 2026-11-12
ADU False
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Exterior
Lot Features CornerLot
Lot Dimensions 100' x 150'
Lot Size Acres 0.39
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Internal Only
Street Number 1 12295
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* Excluded Features
List By
Eleete Real Estate

Broker

Lee@LeeDavies.com

Email

Affordability Calculator

$4,013
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,587
Monthly Property Taxes
$426
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949959 Elementary School
3491742 Middle School
Sunset High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2025$575,000 Listed Price

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12295 NW CORNELL RD, Portland, OR, 97229 is a Lots and Land for sale at $575,000 with a lot size of 0.39. 12295 NW CORNELL RD is a studio with 0.0 baths. The property's zip code is 97229 which is in Portland, OR

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