Development opportunity with CM2 zoning! Suggested uses include retail sales & services on main with living above. Up to 4 stories allowed. There are 2 lots available on the corner of NE Cully & NE Mason with a total of 12,162sf for both lots. See MLS 797323931 & 299354823. Sellers prefer to sell both lots together and open to terms. Lender available for bare land financing. Call for details.
Community Acres, located between NE Sandy Blvd and NE Glisan St, is a residential and commercial Portland neighborhood with mid-century ranch homes and a low-slung, tree-lined streetscape. The neighborhood’s character concentrates around NE 122nd Ave near NE Glisan St, where small storefronts, taquerias, and everyday services keep the sidewalks active. Parkrose Hardware stands out as a long-running local anchor for tools, garden supplies, and neighborly know-how. The Grotto’s cliffside gardens and chapel bring a quiet, contemplative landmark close by. Gateway Green adds a rugged outdoor counterpoint with bike trails tucked into the freeway interchange. Streets feel practical and lived-in, with a mix of single-story houses and modest apartment courts.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
No view
Heating & cooling
No heating
No cooling
Exterior features
Level, cleared land
Corner lot on a paved public road
Road frontage
Two lots included (additional parcel numbers R139075 and R139076)
Home design
Mixed-use land (not attached)
Raw land
Construction
Land property (no structures)
Utilities
Cable available
Electricity available
Natural gas available
Water available
Financial info
Zoning: CM2
Other
Tax legal description: COMMUNITY AC, BLOCK 3, N 62.5' OF LOT 1 EXC E 200'
Located at the corner of NE Cully & NE Mason (NE Cully and NE Mason Blvd, Portland, OR 97218)
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for NE Cully And NE Mason Blvd
Sale History
Tax History
Date
Event
Price
RMLS #584209199
Mar 26, 2026
Contingent
—
Dec 9, 2025
Price Changed
$665,000
Oct 7, 2025
Listed
$679,800
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Multnomah County
APN
R139075
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2025.
CM2
H
Commercial/Mixed Use 2
The Commercial/Mixed Use 2 (CM2) zone is a medium scale zone intended for sites in a variety of centers, along corridors, and in other mixed use areas that have frequent transit service. The zone allows a wide range and mix of commercial and residential uses, as well as employment uses that have limited off-site impacts. Buildings in this zone will generally be up to four stories tall unless height and floor area bonuses are used, or plan district provisions specify other height limits. Development is intended to be pedestrian-oriented, provide a strong relationship between buildings and sidewalks, and complement the scale of surrounding residentially zoned areas.
Zone overlays
Aircraft Landing Zone
Permitted uses
Include but are not limited to:
Religious facility
Automotive repair garage
Day care facility
General retail
Hospital / medical center
Housing
Office
Educational / school
Recreation-Other
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
20 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Portland, OR • 97218
Average low and high temperatures (°F)
48
36
50
38
58
43
66
45
71
51
77
55
83
58
83
61
77
57
64
48
54
44
51
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for NE Cully And NE Mason Blvd
$612,732
$52K under list price of $665K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $523K to $690K.