Jones Lang LaSalle Capital Markets ("JLL") is pleased to present the 1925 SE Scott land site ("the Site"). At approximately 0.48 acres (20,694 SF), the Site provides a rare opportunity for high-density apartment development within the supply-constrained and highly demanded submarket of Milwaukie, Oregon. Located 0.7 miles south of Portland city limits, the Site offers exceptional connectivity to the urban core and greater Portland MSA with no inclusionary housing requirement, allowing for fully market-rate multi-housing development. There are multiple highly accretive zoning benefits to this Site, including the availability of additional density through the development of a parking garage, an 80 percent abatement on residential improvements for developments with ground floor commercial space due to being located in a Vertical Housing Development Zone and having the city’s Downtown Mixed-use Zoning designation. The Site also benefits from its central location in Milwaukie’s historic town center. Residents are a five-minute walk to over 50 retail destinations, a food cart pod, public parks, and the Willamette River. Moreover, the Site is a short walk to the recently implemented MAX light rail orange line which provides residents in Milwaukie with a direct connection to downtown Portland in 20 minutes.