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Office Building with Redevelopment Potential
For Sale
Contact for pricing
Pending

1010 NE Cornell Rd, Hillsboro, OR 97124

Existing office configuration with zoning supporting commercial, retail, multifamily, office, and education uses.

Property SizeContact for details
Days on Market141

Property Features for 1010 NE Cornell Rd

General Information

Standard status Pending
Property subtype Office
Zoning Scc-dt

Additional Details

Road Access Yes
Land Use office

Amenities

Reception
Kitchenette
Bathrooms

Building Details

Tenancy Single
Listing Agency: Macadam Forbes
Listed By: Joe Kappler · License #OR 200605069
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes

Investment Insights

Based on property information with market context.

Located at 1010 NE Cornell Rd in Hillsboro, this office property includes approximately 5 offices, a reception area, kitchenette, and 2 bathrooms. The building has a new heat pump and some newer windows, with an existing month-to-month tenant in place.

The property is zoned SCC-DT, or Station Community Commercial-Downtown, a City of Hillsboro designation that allows commercial, retail, multifamily, office, and education uses. It also lies within the Residential Compatibility Area. The neighboring property is being redeveloped for small multifamily units, adding relevant surrounding development context.

Key Highlights

  • Approximately 5 offices with reception area, kitchenette, and 2 bathrooms
  • Existing month‑to‑month tenant in place
  • New heat pump and some newer windows

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Garden Center Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,386
Businesses Nearby

Demographics for 97124, OR

53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Existing office configuration with zoning supporting commercial, retail, multifamily, office, and education uses.
Where is this office building located?
The property is located at 1010 NE Cornell Rd Hillsboro, OR.
What are key features of this property?
This property features: Approximately 5 offices with reception area, kitchenette, and 2 bathrooms; Existing month‑to‑month tenant in place; New heat pump and some newer windows
(503) 972-7294 Call to check price and availability
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