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    Lots SW Pacific Hwy Tigard, OR 97223

    For Sale
    $3,600,000

    1.9 acres ideal for commercial or mixed-use development.

    Property size:
    1 SF
    Lot size:
    1.91 Acres

    Property Features for Lots SW Pacific Hwy

    General Information

    Size
    1 SF
    Lot size
    1.91 Acres

    Building Details

    Year built
    1963

    Source: Denise Brohoski Agent Denise Brohoski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land on Hwy 99W

    This 1.9-acre land parcel is available for sale at the intersection of Hwy 99W and SW Hall Blvd. The location is suitable for redevelopment, offering opportunities for commercial, residential, or mixed-use buildings. An adjacent 2.69-acre lot is also for sale and can be combined with this parcel. Situated at the intersection of Hwy 217 and Hwy 99W, the site benefits from high traffic volume, with over 40,000 average daily traffic, and is located 1.3 miles from I-5. The property is located within an Opportunity Zone, Enterprise Zone, and Vertical Housing Development Zone, and it is part of the Pacific Highway Gateway subdistrict of the Downtown Tigard Reimagined Project. Several big box retailers, including Costco, WinCo, Walmart, Lowe's, PetSmart, Car Toys, Fred Meyer, Auto Zone, McDonald's, and Dutch Bros, are located nearby. Public transportation is accessible via TriMet bus 12 and the WES commuter train, both within walking distance.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Tigard
    County
    Washington
    State
    Oregon
    Longitude
    -122.745206
    Latitude
    45.442368

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    FAQs

    What type of property is this?
    Land - 1.9 acres ideal for commercial or mixed-use development.
    Where is this land located?
    The property is located at Lots SW Pacific Hwy Tigard, OR.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - Ideal location for redevelopment: options for commercial, residential, or mixed-use buildings.; - Located at the intersection of Hwy 217 and Hwy 99W with high traffic volume (over 40,000 ADT) and proximity to I-5 (1.3 miles).; - Located in Opportunity Zone, Enterprise Zone, and Vertical Housing Development Zone.
    (503) 309-5106
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    Lots SW Pacific Hwy Tigard, OR 97223
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    Tigard, OR 97223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lots SW Pacific Hwy Tigard, OR 97223
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