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    Land

    Land Site Rare Cor, Hillsboro, OR 97124

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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