Tigard Development Site in Opportunity
12390 Southwest Knoll Drive Tigard, OR 97223
12390 Southwest Knoll Drive, Tigard, OR, 97223
Contact for pricing
For Sale
Contact for pricing
Planned 182-unit workforce housing site near future light rail.
Property Size113,934 SF
Lot Size2.62 Acres
Price / SF$24.14
Days on Market950
Property Features for 12390 Southwest Knoll Drive
General Information
- Standard status
- Active
- Size
- 113,934 SF
- Lot size
- 2.62 Acres
- Property subtype
- Land, Multifamily
Listing agency
Macadam Forbes
(503) 227-2500
Listed by
Skip Rotticci · License #OR 200204348
Source
Crexi
Added: Dec 15, 2023 Updated: Jul 6 at 7:45AM Checked: Jul 19 at 6:28AM
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.
This site is planned for a 182-unit workforce housing development and is located in Tigard's Qualified Opportunity Zone. The property, with a size of 113934 square feet, is within walking distance of Main Street and the Westside Commuter Rail. It is also adjacent to a future light rail station. The proposed Knoll Apartments at 12390 SW Knoll Drive in Tigard, Oregon, are designed to offer modern living in a serene suburban setting. The Knoll Apartment site is located in a Qualified Opportunity Zone, potentially allowing substantial tax benefits to the developer. The development will feature contemporary architecture, blending with the surrounding landscape of well-maintained streets and green spaces. A variety of floor plans are anticipated, catering to different lifestyles, from studios to multi-bedroom units. These residences are expected to offer open-concept layouts, abundant natural light, and thoughtfully designed interiors featuring modern fixtures and finishes. Residents can look forward to amenities designed to enhance their lifestyle, such as a community clubhouse or gathering space for social events, and an extensive outdoor plaza. The apartments' location is likely to offer convenient access to shopping centers, dining options, entertainment venues, and outdoor recreational areas. Residents may also benefit from proximity to major transportation routes, providing easy commuting options.
Key Highlights
- Located in a Qualified Opportunity Zone, offering substantial tax benefits to the developer.
- Planned 182‑unit workforce housing development site.
- Adjacent to future Tigard Light Rail Station and walking distance to the current WES Commuter Rail Station.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Commercial land - Planned 182-unit workforce housing site near future light rail.
Where is this commercial land located?
The property is located at 12390 Southwest Knoll Drive Tigard, OR.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Located in a Qualified Opportunity Zone, offering substantial tax benefits to the developer.; Planned 182‑unit workforce housing development site.; Adjacent to future Tigard Light Rail Station and walking distance to the current WES Commuter Rail Station.