Technical
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Property profile

18701 Pacific Hwy Tualatin, OR 97062

OFF-MARKET
Land
2.6 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 2.6 ac (113,256 SF)

Cap rate & NOI

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

Location

18701 Pacific Hwy Tualatin, OR 97062
Tualatin metro
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Value estimations

Realmo proprietary · 4 methods
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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
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