$349,000

An exciting opportunity for builders, developers, and investors! This approximately 14,616-square-foot vacant parcel is zoned MR-1 (Medium Density Residential) in Clackamas County, offering potential for a variety of residential development options. Conveniently located just one block east of the TriMet Transit Center and Highway 99E, with excellent access to public transportation and surrounding amenities. Per Clackamas County, development possibilities are governed by Zoning and Development Ordinance (ZDO) Section 315, addressing multifamily residential uses; Section 845, addressing triplexes, quadplexes, and townhomes; and Section 1000, covering development standards and conditions. Potential uses may include triplexes, quadplexes, townhomes, or multifamily housing, subject to applicable County requirements and approvals. Water, sewer, and electrical services are available in the area but are not currently connected to the property. Buyers are encouraged to conduct their own due diligence with Clackamas County and utility providers regarding allowable density, development feasibility, access, utility connections, and associated costs. Bring your vision and explore the possibilities!