Terrawood St Forest Grove, OR 97116
- Land
- 9.69 lot acres
Current Use by Public Records
- Land
Property Details for 0 Terrawood St
- Lot size
- 9.69 lot acres
- Property type
- Land
Description
This exceptional 9.69-acre commercial land parcel presents a compelling investment opportunity in Forest Grove, Oregon. Located in Washington County, with a 97116 zip code, this property is strategically positioned on the city border, within the urban growth boundary. The land comprises two tax lots totaling 9.69 acres, specifically 6.48 acres and 3.21 acres. The versatile R-7 zoning designation unlocks significant development potential, making it particularly attractive to residential developers seeking to contribute to the area's rapid growth. The substantial 6.5 acres of developable land offers ample space for a variety of projects. This offering includes both parcels sold together, providing a cohesive and sizable landholding ready for immediate development. The property's location at the edge of the city and within the urban growth boundary ensures access to existing infrastructure and future expansion possibilities. With its prime location and flexible zoning, this property represents a rare chance to capitalize on the thriving Forest Grove real estate market. The coordinates are 45.5235039 latitude and -123.1300872 longitude. The asking price for this exceptional property is $750,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Forest Grove
- County
- Washington
- State
- Oregon
- Longitude
- -123.13
- Latitude
- 45.5235
