23680-23700 West Union Rd Hillsboro, OR 97124
- Land
- 9.76 lot acres
Current Use by Public Records
- Land
Property Details for 23680-23700 West Union Rd
- Lot size
- 9.76 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 9.76-acre industrial land parcel presents a rare development opportunity in Hillsboro, Oregon. Located at 23680-23700 NW West Union Rd, this property is zoned IS (Industrial Sanctuary) and boasts a usable area of approximately 8.0 to 8.5 acres, depending on future cut and fill determined by the buyer. The site is currently undergoing annexation into the City of Hillsboro, with completion expected in August 2024. All existing improvements have been removed. This is one of the last privately owned developable parcels in this highly sought-after location. The property's strategic position offers excellent access to major transportation routes and is adjacent to a 29-acre parcel owned by Portland General Electric (PGE). A recent appraisal supports the asking price of $6,850,000. This presents a unique chance to acquire a substantial industrial land holding in a thriving Oregon market. The property is situated in Washington County, Oregon, with a 97124 zip code. The precise usable acreage will be finalized following a buyer-determined cut and fill assessment.
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
- Hillsboro
- County
- Washington
- State
- Oregon
- Longitude
- -122.921
- Latitude
- 45.5748