Neighborhood Mixed-Use Commercial
For Sale
$650,000
16948 SW 132ND Ter, King City, OR 97224
Land, KingCity, OR
Property SizeContact for details
Lot Size0.33 Acres
Days on Market250
Property Features for 16948 SW 132ND Ter
General Information
Property type
Land
Property subtype
Other
Zoning
NMU
Subdivision
SUMMA VILLAGE
Elementary school
Deer Creek
Middle school
Twality
High school
Tualatin
Directions
Head east on Pacifc Hwy toward Old State Hwy 99W. Turn left onto SW Fischer Rd.
Standard status
Active
APN
R2231683
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
SUMMA VILLAGE, LOT 17, ACRES 0.33
Tax Annual Amount
3989
Legal Description
SUMMA VILLAGE, LOT 17, ACRES 0.33
Listing Agency:
Summa Real Estate Group
(503) 906-2606
Listed By:
Tyler Horst · License #201218421
(503) 956-8104
Added: Jan 6
Changed: Aug 19
Last Checked: Sep 13 at 11:06PM
MLS# 427686839
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.33-acre commercial land parcel is level, graded, fully developed, and connected to water, sewer, stormwater, natural gas, electricity, and fiber optics. NMU zoning supports a range of neighborhood mixed-use development, including retail, professional office, medical space, multifamily, condominiums, townhomes, live/work units, hospitality, personal services, religious assembly, and adult care facilities. The site can accommodate up to 22,000 SF of combined commercial and residential space, with development up to three stories and as many as 20 residential or commercial units.
The corner parcel is situated near King City Community Park, Bull Mountain, and the Tualatin River, with access to amenities along Pacific Hwy and Roy Rogers Rd. It is also positioned at the entrance to the Kingston Terrace Master Plan expansion.
The corner parcel is situated near King City Community Park, Bull Mountain, and the Tualatin River, with access to amenities along Pacific Hwy and Roy Rogers Rd. It is also positioned at the entrance to the Kingston Terrace Master Plan expansion.
Key Highlights
- 1/3‑acre finished commercial lot with NMU zoning
- Up to 22,000 SF of mixed‑use commercial and residential development
- Development permitted up to three stories
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 97224, OR
37,365
Population
15,938
Households
2.3
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
4,152
Density / Sq Mi
$94,456
Median Household Income
$55,802
Median Earnings
$1,693
Median Rent
$579,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Level, developed corner parcel with NMU zoning and connections to water, sewer, power, gas, stormwater, and fiber.
Where is this commercial land located?
The property is located at 16948 SW 132ND Ter King City, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1/3‑acre finished commercial lot with NMU zoning; Up to 22,000 SF of mixed‑use commercial and residential development; Development permitted up to three stories
