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14185 SW 100th Ave - 3-Story SF/MF Primary Dwelling w/ADU Income
1.14 Acres of Residential Land Offered at $1,300,000 in Tigard, OR 97224
Investment Highlights
- The spectacular Mt. Hood and Cascade Foothills view-line!
- Current utilities along the frontage street (SW 100th Avenue) are properly sized for a complete build-out!
- The property is safe harbor with lots of upside and seller has done most, if not all, of the initial due diligence.
- Total Solar Exposure and a perfect site for a LEED or other type of "Green" or "Sustainable" Features land development and build-out!
- It's a Middle-to-Upper-Middle-Income neighborhood that is progressive, economically & demographically diverse area, plus extensive commerce corridor!
Executive Summary
* This is an extremely flexible Res-D Zoned parcel with a Mt. Hood and Cascade Foothills view-line... The last undeveloped parcel with this Zoning (or greater density) that captures this magnificent view along State Hwy. 99W in the beautiful, progressive, and economically expanding South Tigard/King City area of SW Portland, Oregon! (A haven for some 70,000+ young professionals, seniors, & baby boomers).
* Currently the planned SF/MF business model and approvals are staged to develop 3-story residential units, attached or detached. Seller is seeking either a direct land purchase Buyer or also offers a direct land purchase + JV option to facilitate the necessary development activities to make this exceptional development opportunity a reality.
* Seller has an "Executive Brief", "Pro Forma", 'Financials", and much more readily available. With the City's Pre-application process completed, it's poised for formal Land Use Application.
* Buyers can opt to buy the whole 1.14-acre property identified as "Option A" being shown on the "Current Property Comps Summary", or the south and west portion of the property as "Option B" which is a little over .86 acres.
* The property is safe harbor with lots of upside and seller has done most, if not all, of the due diligence.
* At 320' elevation this property has no known hazards such as landslide, flood, hurricane/tornado, drought, tsunami, or contaminated soil
* GPS Coordinates: Latitude 45.417395 & Longitude -122.781119
* What's to love most about the location is its LOCATION! Including the view-line of Mt. Hood and the fact that the property sits just 5-blocks from the State Hwy. 99W arterial & Commerce Corridor, 2 miles from Portland city limits, 3/4 mile from I-5 freeway, in a Middle-to-Upper-Class & Income area, within City Limits of Tigard (more specifically South Tigard), with all utilities at the property frontage, and it's readily accessible at roughly 5 blocks distance between the site, its planned structure(s), and that 24/7 Public Transit Corridor within the State Hwy. 99W arterial.
* This South Tigard neighborhood setting is quiet & peaceful, with virtually no traffic/rail or aviation noise, minimal wind, yet transit and commerce are nearby and readily accessible on foot or by bicycle, scooter, EV, other personal transportation, or via public transportation. See Photo attachments, narrative, and other documents for more on these above and below noted topics.
* The area also enjoys long-term affordable and reliable Water, Power, Natural Gas, Public Transit, Public Safety, and other services.
* Buyer to perform all needed due diligence prior to closing.
Property Facts
Price | $1,300,000 | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Residential |
Sale Conditions | Build to Suit | Total Lot Size | 1.14 AC |
No. Lots | 1 |
Price | $1,300,000 |
Sale Type | Investment or Owner User |
Sale Conditions | Build to Suit |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 1.14 AC |
1 Lot Available
Lot 500
Price | $1,300,000 | Lot Size | 1.14 AC |
Price Per AC | $1,140,351 |
Price | $1,300,000 |
Price Per AC | $1,140,351 |
Lot Size | 1.14 AC |
All utilities at curb, currently zoned RES-D (14 Units per acre), 3-story (35'), SF/MF (15-16 Primary Dwelling plus 15-16 ADU) housing, and 4 or 6-Plex Senior Independent Living, Group Living, Adult Foster Care, CCRC for up to 60 occupants, and more!
Description
167.48' x 295.15' Raw Land with an Existing residence that may or may not be a part of a future development. The property is about the size of a football or soccer field. See Aerial photo provided, along with other photos, documents and narrative. The property, on a knoll, gently slopes to the northeast and city street frontage. Great drainage, with no sump pump or other type drainage pumps required to accommodate a full property development. A comprehensive Electrical distribution and potable water system exists throughout the currently secured property.
zoning
Zoning Code | Res-D (15-30 units/ac.) (This Res-D Zoning is the most flexible Residential & Commercial Zoning within the City of Tigard. I'm readied to send you the specifics upon request.) |
Res-D (15-30 units/ac.) (This Res-D Zoning is the most flexible Residential & Commercial Zoning within the City of Tigard. I'm readied to send you the specifics upon request.) |
Presented by
Rob Ruedy
14185 SW 100th Ave - 3-Story SF/MF Primary Dwelling w/ADU Income
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