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Development Parcel in Orenco Area
For Sale
$1,600,000
Pending

6342 NE OELRICH, Hillsboro, OR 97124

Large development property with existing home and shops in Orenco.

Property SizeContact for details
Lot Size2.27 Acres
Days on Market406

Property Features for 6342 NE OELRICH

General Information

Standard status Pending
Lot size 2.27 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $6,149

Amenities

Cleared
Private
Seasonal
Listing Agency: RE/MAX EQUITY GROUP
Listed By: KENT BOUNDS · License #709009155
Source: Corcoran
Added: Jul 11, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:47AM

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 RE/MAX EQUITY GROUP

Investment Insights

Based on property information with market context.

This is an outstanding development parcel, representing one of the last large development properties available in the Orenco area. The property includes an existing home and shops. Buyers are advised to conduct their own feasibility studies to explore the endless possibilities this site offers. Nearby developments on 60th are selling homes for prices ranging from $850,000 to over $1 million.

Key Highlights

  • Large development parcel in the Orenco area.
  • One of the last large development properties available.
  • High potential resale value based on nearby comparable properties selling for $850k - over $1 million.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Pharmacy Butcher Grocery & Convenience Store Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 97124, OR

53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Large development property with existing home and shops in Orenco.
Where is this land located?
The property is located at 6342 NE OELRICH Hillsboro, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Large development parcel in the Orenco area.; One of the last large development properties available.; High potential resale value based on nearby comparable properties selling for $850k - over $1 million.
More about this property
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