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4202 Pacific Ave - Prime Development Opportunity 0.87 Acres of Commercial Land Offered at $1,243,011 CAD in Forest Grove, OR 97116
Investment Highlights
- Prime location
- Close to city services and major transportation routes
- Community Commercial zoning allows for a variety of uses, including retail, fast food, service, office, and multifamily
- Also available for ground lease
Executive Summary
Prime development opportunity in a fast-growing commercial corridor. Zoned CC, the property presents a unique opportunity for a variety of developments. Highly visible location with strong traffic counts and convenient access.
With Pacific University as a central institution, Forest Grove has seen positive spillover effects from the rapid expansion of commercial and industrial development in neighboring Hillsboro.
With Pacific University as a central institution, Forest Grove has seen positive spillover effects from the rapid expansion of commercial and industrial development in neighboring Hillsboro.
Property Facts
| Price | $1,243,011 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.87 AC |
| Property Type | Land | ||
| Zoning | CC - Community Commercial | ||
| Price | $1,243,011 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.87 AC |
| Zoning | CC - Community Commercial |
1 Lot Available
Lot
| Price | $1,243,011 CAD | Lot Size | 0.87 AC |
| Price Per AC | $1,428,748.16 CAD |
| Price | $1,243,011 CAD |
| Price Per AC | $1,428,748.16 CAD |
| Lot Size | 0.87 AC |
4202 Pacific Avenue in Forest Grove, Oregon, is a 0.87-acre parcel of vacant land situated along one of the city's primary commercial corridors.
Description
This location is part of a mixed-use area that blends residential, retail, and service-oriented businesses.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R0413369 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $471,349 CAD |
Property Taxes
Parcel Number
R0413369
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$471,349 CAD
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4202 Pacific Ave - Prime Development Opportunity
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