16948 SW 132nd Ter - Residential LAND FOR SALE


Tigard, OR 97224- Bull Mountain13,939 SF
$650,000 USD
503-956-8104
16948 SW 132nd Ter, Tigard, OR for Sale
$650,000 USD
Residential LAND - FOR SALE
1/23
13,939 SF

16948 SW 132nd Ter
Tigard, OR 97224
Bull Mountain


HIGHLIGHTS

  • Finished and ready-to-build 1/3-acre mixed-use commercial lot zoned NMU in a desirable location at the corner of SW 131st Ave and Fischer Rd.
  • The property is level-graded, fully developed, and connected to all utilities, including water, sewer, storm, natural gas, electricity & fiber optics.
  • Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of commercial and/or residential uses.
  • Great potential for mixed use retail & residential building, adult care facility, multi-family apartment building, condos, medical or office space.
  • Build up to 22,000 SF of mixed-use commercial & residential space, up to three stories tall, allowing up to 20 residential or commercial units.
  • High visibility and traffic exposure on Fischer Rd, which is expected to become a major thoroughfare upon the completion of the Fischer Rd extension.

OVERVIEW

Attention all multifamily/retail and adult care investors & developers! Finished and ready-to-build 1/3-acre mixed-use commercial lot zoned NMU in a desirable location at the corner of SW 131st Ave and Fischer Rd in rapidly growing King City. Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of residential and/or commercial uses. Great potential for a mixed use retail & residential building, adult care facility, multi-family apartment building, condominiums, medical or office space. Build up to 22,000 SF of mixed-use commercial & residential space, up to three stories tall, allowing up to 20 residential or commercial units. The property is level-graded, fully developed, and connected to all utilities, including water, sewer, stormwater, natural gas, electricity, and fiber optics. Located near King City Community Park, Bull Mountain, and the Tualatin River, and nestled between Pacific Hwy amenities and Roy Rogers Rd. This corner lot benefits from high visibility and traffic exposure on Fischer Rd, which is expected to become a major thoroughfare following the completion of the Fischer Rd extension. The property is also positioned at the entrance of the Kingston Terrace Master Plan expansion. Zoning also allows for live/work units, townhomes, hospitality, religious assembly, and personal service space, in addition to retail, professional office, and multifamily uses. King City continues to experience strong population growth, supported by highly rated schools, walkable neighborhoods, urban amenities and a robust park system—creating sustained demand for neighborhood-serving commercial and residential development. Developer Packet, Offering Memorandum, Civi Engineering Plans, Recorded Plat Map & Due Diligence Docs available upon request.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/ACRE

$2,031,279/AC

PRICE/SF

$47 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1/3 Acre Build Ready Mixed Use Commercial Lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Auto Dealership, Auto Repair, Bank, Car Wash, Community Center, Convenience Store, Day Care Center, Department Store, Drug Store, Fast Food, Health Care, Health Club, Hold for Development, Hold for Investment, Hospital, Hotel, Medical, Motel, Movie Theater, Neighborhood Center, Office Park, Outlet Center, Rehabilitation Center, Restaurant, Schools, Single Family Development, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Supermarket, Theater/Concert Hall, Veterinarian/Kennel

LAND ACRES

0.32 AC

LAND SF

13,939 SF

OFFSITE IMPROVEMENTS

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

ZONING

NMU

APN/PARCEL ID

R2231683

ASK ABOUT THIS PROPERTY

Tyler HorstSumma Real Estate GroupMore Info
503-956-8104

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Tyler HorstSumma Real Estate GroupMore Info
503-956-8104

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