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Tigard Development Site in Opportunity Zone

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
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

Suggested Use

Locksmith Florist Tanning Salon Tattoo & Piercing Shop Hotel & Motel Wine and Liquor Store Butcher (Bike/Boat/Book/etc) Store Supermarket Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
(503) 227-2500 Call to check price and availability
More about this property
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