General Commercial Zoned Development
For Sale
$1,175,000
2075 NE 240TH Ave, Wood Village, OR 97060
LAND - WoodVillage, OR
Lot Size0.76 Acres
Days on Market440
Property Features for 2075 NE 240TH Ave
General Information
Property type
Land
Property subtype
Other
Zoning
GC
View
Territorial
Elementary school
Salish Ponds
Middle school
Reynolds
High school
Reynolds
Directions
Halsey and 240th
Subdivision
_144
Standard status
Active
APN
R311020
Lot size
0.76 Acres
Taxes and HOA fees
Tax Description
WOOD VILLAGE LIGHT INDUSTRIAL PARK, LOT 1
Tax Annual Amount
4311
Legal Description
WOOD VILLAGE LIGHT INDUSTRIAL PARK, LOT 1
Listing Agency:
All Professionals Real Estate
(503) 259-2100
Listed By:
Eric Squires · License #201102006
(503) 807-3899
Added: May 20, 2025
Changed: Jul 14
Last Checked: Aug 2 at 4:06PM
MLS# 742872710
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 is a commercial land listing in an Opportunity Zone with GC (General Commercial) zoning. The property is located at 2075 NE 240TH Ave in WoodVillage, Oregon (97060) and totals 0.76 acres. Public remarks note that substantial due diligence has already been completed and that the site may support residential and office development, with a possible plan for up to 61 apartments and one office space.
The property is described as having a bus stop at the lot corner, which can support transit accessibility for future occupants. The listing also references Oregon affordable housing subsidies in connection with Opportunity Zone status.
For buyers and brokers evaluating development feasibility, the practical starting point is the GC zoning and the documented development concept noted in the remarks, along with the Opportunity Zone designation and the transit stop identified at the property frontage.
The property is described as having a bus stop at the lot corner, which can support transit accessibility for future occupants. The listing also references Oregon affordable housing subsidies in connection with Opportunity Zone status.
For buyers and brokers evaluating development feasibility, the practical starting point is the GC zoning and the documented development concept noted in the remarks, along with the Opportunity Zone designation and the transit stop identified at the property frontage.
Key Highlights
- Opportunity Zone designation
- General Commercial Zoning
- Potential for affordable housing subsidies
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
61
Residential units
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 97060, OR
21,792
Population
7,823
Households
2.8
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
17.5 sq mi
ZIP Area
1,245
Density / Sq Mi
$84,164
Median Household Income
$42,162
Median Earnings
$1,560
Median Rent
$425,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Opportunity Zone land in general commercial zoning with a bus stop at the lot corner and noted multi-unit development potential.
Where is this commercial land located?
The property is located at 2075 NE 240TH Ave Wood Village, OR.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Opportunity Zone designation; General Commercial Zoning; Potential for affordable housing subsidies
