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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $887,913 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 13,500.00 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $887,913 CAD
Price Per AC $65.77 CAD
Lot Size 13,500.00 AC

Situated in the thriving Portland area, this property offers an exceptional investment opportunity thanks to its highly desirable Triangle Mixed-Use zoning.

Description

Located in Tigard, Oregon, the property is surrounded by convenient access to the dynamic Portland market. Situated amidst a thriving business community, the location provides excellent connectivity to major highways (I-5 and Hwy 217) and public transportation, making it an ideal choice for multifamily development or office space investment. Nearby attractions such as Bridgeport Village, Washington Square Mall, and the expansive Cook Park offer leisure and recreational opportunities for residents, employees, and visitors. With its blend of urban amenities and natural beauty, the location presents an attractive prospect for developers seeking a prime Tigard Triangle site.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 41145202

  • Date on Market: 2026-07-02

  • Last Updated:

  • Address: 11540 SW 70th Ave, Tigard, OR 97223

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