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    14025 150 Ave Tigard, OR 97224

    Sponsored
    For Sale
    $2,500,000

    3.95 Acres, R-6 Zoning, $2.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.95-acre (172,062 sq ft) residential development opportunity is located in Washington County, Oregon, at 14025 SW 150th Ave, Tigard, 97224. The property features R-6 zoning and is comprised of two lots: Lot A (2.59 acres or 112,820 sq ft) includes a single-family residence, and Lot B encompasses 1.36 acres (59,242 sq ft). The asking price is $2,500,000, translating to approximately $14.53 per square foot. This price is subject to a mutually agreed-upon allowance for sewer connection to the property. The land is conveniently situated adjacent to Sunrise Park. It's important to note that the property is currently located within Washington County and not the City of Tigard. Should a buyer choose to annex the property into the City of Tigard, all associated costs and responsibilities will fall solely on the buyer. This presents a unique chance to develop a significant residential project in a desirable location. The property's size and zoning offer considerable potential for various residential development projects.

    Property Features for 14025 150 Ave

    General Information

    Property type
    Land
    Lot Size
    172,062 SF

    HighLights

    • 3.95‑acre (172,062 sq ft) residential development site in Tigard, OR.
    • Includes a single‑family home on one of two lots (Lot A: 2.59 acres, Lot B: 1.36 acres).
    • Located in Washington County; annexation to City of Tigard is buyer's responsibility and expense.
    • $2,500,000 asking price; approximately $14.53/sq ft (sewer connection allowance negotiable).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tigard
    County
    Washington
    State
    Oregon
    Longitude
    -122.83139691724
    Latitude
    45.418323437055

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    FAQs

    What type of property is this?
    Land - 3.95 Acres, R-6 Zoning, $2.5M
    Where is this land located?
    The property is located at 14025 150 Ave Tigard, OR.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 3.95-acre (172,062 sq ft) residential development site in Tigard, OR.; Includes a single-family home on one of two lots (Lot A: 2.59 acres, Lot B: 1.36 acres).; Located in Washington County; annexation to City of Tigard is buyer's responsibility and expense.
    (503) 222-2655
    Request Owner's contact information
    14025 150 Ave Tigard, OR 97224
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    Tigard, OR 97224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14025 150 Ave Tigard, OR 97224
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