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12295 NW Cornell Rd, Portland, OR 97229
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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Nearby open houses (10)
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- OPEN SAT, 11AM TO 2PM3D WALKTHROUGH$650,0004 beds3 baths1,824 sq ft17128 NW Stoller Dr, Portland, OR 97229Vladimir Romano • Premiere Property Group, LLC
- OPEN SAT, 12PM TO 2PM$675,0003 beds2 baths1,432 sq ft2124 N Humboldt St, Portland, OR 97217Rushie Ellenwood • Neighborhood Works
- OPEN SAT, 12PM TO 2PMVIDEO TOUR$1,195,0005 beds4 baths4,623 sq ft5510 SW Sweetbriar St, Portland, OR 97221Patrick J. Henry, P.C. • Coldwell Banker Bain
- OPEN SAT, 1PM TO 3PM3D WALKTHROUGH$525,0003 beds3 baths2,026 sq ft512 SE Alder Ct, Hillsboro, OR 97123Patrick Robison • Weichert, Realtors on Main Street
- REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
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Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 0.9mi
Public 6-8 • Assigned • 0.3mi
Public 9-12 • Assigned • 1.0mi
Lifestyle
Provided by Walk Score and Local Logic
Property details
- Interior
- Exterior
- Finance
Interior features- No view reported
Heating & cooling- No heating
- No cooling
Exterior features- Level land
- Corner lot
- Road frontage
- Commercial/retail current use
- Other onsite structures include commercial building and sidewalk
Home design- Mixed-use land parcel
- Not attached
Construction- Parcel R638625
Utilities- Utilities: see remarks
Financial info- Land lease in place (expires November 12, 2026)
Other- Zoned RC
View estimated energy costs and solar savings for this home
Sale and tax history for 12295 NW Cornell Rd
- Sale History
- Tax History
As the MLS and public records start to fill up, we'll list the details here.
Public record
Climate risks
We're working on getting current and accurate flood risk information for this home.
We're working on getting current and accurate fire risk information for this home.
7 hot days expected this year, 14 days in 30 years
We're working on getting current and accurate wind risk information for this home.
12 unhealthy days expected this year, 12 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Redfin Estimate for 12295 NW Cornell Rd
Nearby homes have recently sold between $555,000 and $650,000.
- SOLD AUG 13, 2026
- SOLD FEB 13, 2026$588,000 Last sold price4 beds3 baths1,846 sq ft1360 NW 130th Ave, Portland, OR 97229
smaller lot finished basement - SOLD JUL 17, 2026
Local rules require you to be signed in1750 NW 136th Ave, Portland, OR 97229$650,000 Last sold price4 beds3 baths2,023 sq ft1750 NW 136th Ave, Portland, OR 97229Source: Public Records smaller lot- SOLD DEC 29, 2025$637,000 Last sold price3 beds3 baths1,848 sq ft1470 NW 136th Ave, Portland, OR 97229
finished basement - SOLD APR 30, 2026
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