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12295 NW Cornell Rd, Portland
$475,000
Save- Lot size
- 16,988 sqft
- Property type
- Land
- Days on market
- 304
Overview
Create Something Exceptional in Cedar Mill.Calling all entrepreneurs, first-time investors, developers, and business owners seeking a rare opportunity to create, build, and invest in one of Portland's most desirable communities. This level 0.39-acre commercial parcel offers the flexibility to bring your vision to life while building long-term equity in the heart of Cedar Mill.Zoned RC (Transit-Oriented Retail Commercial District), the property supports a wide range of uses, including professional offices, retail, medical and service businesses, clinics, multifamily housing, and mixed-use development. Build your own freestanding office with prominent signage, develop an income-producing investment property, or create a live-work project with retail or office space below and apartments above. Current zoning allows for improvements of up to approximately 5,950 square feet.Ideally situated along a high-visibility corridor near St. Pius X Catholic Church and School, Cedar Mill Bible Church, and the revitalized Cedar Mill Town Center, the property benefits from strong traffic exposure, established neighborhoods, and an affluent customer base. Whether you're an attorney, dentist, optometrist, insurance professional, financial advisor, consultant, or entrepreneur looking to stop paying rent and start building wealth, this property presents a unique opportunity to establish a lasting presence in a thriving community.Cedar Mill continues to evolve into a vibrant, walkable town center. Opportunities to develop a commercial parcel with this combination of location, flexibility, and visibility are increasingly rare. Bring your ideas, create something meaningful, and become part of Cedar Mill's exciting future.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 16,988 sqft
- Lot features
- Corner Lot
- View
- No
Schools
- High school
- Sunset
- Middle school
- Tumwater
- Elementary school
- Terra Linda
Location
- City
- Portland
- County
- Washington
- Zoning
- RC
- Subdivision
- McGill Acres
Taxes and dues
- Annual taxes
- $5,114 (2025)
Location
12295 NW Cornell Rd, Portland, OR 97229

Monthly payment estimate
$2,954 /mo
- Principal and interest
- $2,528
- Property tax (2025)
- $426
- Total
- $2,954
Estimate only, and not an offer of credit. Assumes 20% down ($95,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.













