11540 SW 70th Ave - Commercial LAND FOR SALE


Tigard, OR 97223- Tigard Triangle13,499 SF
$625,000 USD
503-314-0527
11540 SW 70th Ave, Tigard, OR for Sale
$625,000 USD
Commercial LAND - FOR SALE
1/3
13,499 SF

11540 SW 70th Ave
Tigard, OR 97223
Tigard Triangle


HIGHLIGHTS

  • Zoned Triangle Mixed Use
  • Qualified Opportunity Zone (potential for significant capital gains tax benefits)
  • Vertical Housing Development Zone (potential for significant property tax benefits)
  • Tax Increment Financing Area (grants available for qualified entities)
  • Versatile development options (four to six stories)
  • Can be acquired with neighboring site to create a 1.23 acre site

OVERVIEW

Boasting a prime location, this versatile property is well-suited for a range of development options, including multifamily residences. The favorable zoning allows for flexibility and potential for mixed-use development, making it an appealing choice for forward-thinking investors. With its strategic location and zoning designation, this property offers the chance to capitalize on the dynamic real estate market in the Portland area, making it a lucrative prospect for multifamily development.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/ACRE

$2,016,669/AC

PRICE/SF

$46 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

SW 7th & SW Baylor St

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.31 AC

LAND SF

13,500 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

TMU

APN/PARCEL ID

R0285952

ASK ABOUT THIS PROPERTY

Skip RotticciMacadam Forbes, Inc.More Info
503-314-0527

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Skip RotticciMacadam Forbes, Inc.More Info
503-314-0527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.