4001 Cully, Portland, OR 97213

Portland
Local realty services provided by:Knipe Realty ERA Powered
4001 Cully,Portland, OR 97213
$1,000,000
  • 0.54 Acres
  • Lots / Land
  • Active
Listed by: parvaneh kalantari
Office: vitality home realty503-260-1003
MLS#:160464712
Source:PORTLAND

Price summary

  • Price:$1,000,000

About this home

±0.54 AC opportunity for developers seeking high-density CM2-zoned land in NE Portland.We are pleased to present a ±0.54-acre development opportunity along NE Cully Blvd in Portland’s established Cully neighborhood. Zoned CM2 (Commercial Mixed Use 2), the site is ideally suited for multifamily or mixed-use development, allowing 58,917–94,268 SF of potential building area through a 2.5:1 FAR, or up to 4:1 FAR with bonus provisions. The property includes two existing structures that are considered candidates for removal, offering a strong redevelopment opportunity. The site's development potential is further enhanced by the City's temporary suspension of System Development Charges (SDCs) for qualifying multifamily projects, creating a compelling opportunity to improve project economics.The property benefits from strong market fundamentals, including access to major transportation corridors, public transit, employment centers, neighborhood retail, and recreational amenities. The...

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Home facts

  • Listing ID #:160464712
  • Added:1 day(s) ago
  • Updated:August 20, 2026 at 01:24 PM

Structure and exterior

  • Lot area:0.54 Acres

Schools

  • High school:Jefferson
  • Middle school:Beaumont
  • Elementary school:Boise-Eliot

Finances and disclosures

  • Price:$1,000,000
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