18701 Pacific Hwy Tualatin, OR 97062
- Land
- 2.60 lot acres
Current Use by Public Records
- Land
Property Details for 18701 Pacific Hwy
- Lot size
- 2.60 lot acres
- Property type
- Land
Description
This exceptional 2.6-acre commercial land parcel, located at 18701-18829 SW Pacific Hwy in Tualatin, Oregon (zip code 97062), presents a compelling investment opportunity. Situated on a signalized corner with approximately 30,400 cars passing daily, this property boasts convenient access to SW Cipole Rd and Pacific Highway, a major thoroughfare connecting Portland to Sherwood, Newberg, and McMinnville. The site offers a unique blend of zoning classifications. Approximately 0.78 acres are zoned General Commercial (GC), permitting uses such as restaurants, offices, vehicle repair shops, transportation facilities, and commercial parking. The remaining approximately 1.82 acres fall under Rural Residential (RR-5) zoning, located outside Tualatin's jurisdictional and future planning boundaries. Permitted uses here could include RV storage, veterinary hospitals, wineries, and daycare facilities. This location benefits from its proximity to substantial residential and commercial areas, ensuring consistent activity throughout the day and week. Furthermore, the property is surrounded by approximately 3.5 million square feet of industrial buildings, strengthening the demand within the surrounding trade area. This presents a rare chance to develop a first-generation project in a highly desirable area just outside Portland's suburbs, offering substantial future upside potential for investors and developers. The asking price 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
- Tualatin
- County
- Washington
- State
- Oregon
- Longitude
- -122.817
- Latitude
- 45.3845
