James & Angie Smith

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Listing provided courtesy of ELEETE Real Estate- MLS# 546932754MLS Provider

12295 NW CORNELL RDPortland, OR 97229

Vacant Land · 0.39 Acres
$575,000 Active

12295 NW CORNELL RD Overview

Time on Site:
228 days
Visits:
3

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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12295 NW CORNELL RD Facts & Features

  • Type Vacant Land
  • Lot 0.39 Acres

Details

General

School Information

  • Elementary School: Terra Linda
  • Middle Or Junior School: Tumwater
  • High School: Sunset

Business Information

  • Current Use: Commercial,Retail

Location/Region

  • Country: US
  • County Or Parish: Washington
  • MLS Area Major: 149 - NW Washington Co or Sauvie Island
  • Subdivision Name: McGill Acres

Tax Information

  • Tax Annual Amount: 5113.52
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Conventional,FHA,VA Loan
  • Parcel Number: R638625
  • Property Sub Type: Mixed Use
  • Property Type: Land
  • Zoning: RC

Interior

Exterior

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.39
  • Lot Size Dimensions: 100' x 150'
  • Lot Size Square Feet: 16988.0

General Information

  • Other Structures: Commercial,Sidewalk
  • Utilities: See Remarks

12295 NW CORNELL RD Neighborhood

Community

97229 (PORTLAND) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12295 NW CORNELL RD Monthly Cost

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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.

12295 NW CORNELL RD Market Data

Based on the last 30 days in this zip code

$860,888
Average List Price
$316
Average Price per Square Foot
77
Properties Sold
84
Average Days on Market
470
Properties for Sale
Calculations provided by Reliance Network

12295 NW CORNELL RD History

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