12390 Knoll DrTigard, OR 97223

For Sale
$2,750,000

182 Units, QOZ, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 123,441 square foot development site presents a unique investment opportunity in Tigard, Oregon. Zoned Station Area MU, the property offers the potential for a 182-unit multifamily development, perfectly positioned to capitalize on the area's robust growth. The site boasts a total of 113,934 square feet of buildable area, making it ideal for a large-scale project. Its strategic location is a key advantage, offering residents convenient access to downtown Tigard, the Westside Commuter Rail (WES), and the future light rail station. This translates to unparalleled convenience and high desirability for potential tenants. Furthermore, the property's designation as a Qualified Opportunity Zone (QOZ) provides significant tax advantages for investors seeking both strong returns and tax benefits. This is a rare chance to acquire a substantial development site in a thriving Oregon community with exceptional transit access and significant potential for future appreciation. The asking price for this prime development opportunity is $2,750,000. Don't miss this chance to secure a piece of Tigard's vibrant future. The address is 12390 SW Knoll Dr, Tigard, OR 97223, located in Washington County.

Highlights

  • 123,441 SF development site in Tigard, OR, zoned Station Area MU, offering 113,934 SF of buildable area for a potential 182-unit multifamily development.
  • Qualified Opportunity Zone (QOZ) designation.
  • Walking distance to downtown Tigard.
  • Close proximity to the WES Commuter Rail Station and a future light rail station.
  • Asking price: $2,750,000.

Property Details for 12390 Knoll Dr

Property type
Multifamily properties, Apartment buildings
Square Feet
113,934 SF
Units
182

Location Insight

City
Tigard
County
Washington
State
Oregon
Latitude
45.4307145
Longitude
-122.7628813
12390 Knoll Dr, Tigard, Oregon

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12390 Knoll Dr
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