Property profile

Land Site Rare Cor Hillsboro, OR 97124

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 49,223 square foot commercial land parcel presents a unique investment opportunity in Hillsboro, Oregon. Located on NE Cornell Rd, this rare corner lot boasts significant advantages for immediate development. The property is zoned I-P (Industrial Park) by the City of Hillsboro, offering a diverse range of permitted uses including eating and drinking establishments, office space, self-storage facilities, vehicle repair shops, and various industrial applications. A detailed list of permitted uses can be obtained from the City of Hillsboro. Infrastructure is already in place, with utilities conveniently connected to the site and a functioning storm water system. The lot has been recently graveled and compacted, minimizing site preparation costs and expediting the construction process. The property's convenient location and readily available infrastructure make it an ideal site for a wide variety of commercial ventures. The Assessor's Parcel Number (APN) is R2209974. This prime location in Washington County, Oregon, offers excellent access to transportation networks and a thriving business community. The asking price for this exceptional property is $2,250,000.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Land Site Rare Cor Hillsboro, OR 97124
Hillsboro metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Land Site Rare Cor?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message