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18701-18829 SW Pacific Hwy - SW Pacific Hwy Commercial Land

2.6 Acres of Commercial Land Offered at $750,000 in Tualatin, OR 97062

Executive Summary

- Substantial Future Upside – 18701-18829 SW Pacific Hwy presents a unique opportunity for investors, developers or owners/users to curate a first-generation project just outside of Portland, Oregon’s most desirable suburbs
- ±0.78 Acres Zoned General Commercial (GC) – Where permitted, uses include Eating and Drinking Establishments, Office, Vehicle Repair, Transportation Facilities, Commercial Parking, and more
- ±1.82 Acres Zoned Rural Residential (RR-5) – Outside of Tualatin’s jurisdictional boundary and future planning boundary. Possible uses include Storage for Recreational Vehicles, Veterinary Hospital, Winery, and Day Care Facilities
- Thoroughfare Location on Signalized Corner – Located at a signalized corner on the Pacific Highway (±30,400 CPD) and SW Cipole Rd, allowing for convenient access off the primary thoroughfare for those traveling from Portland to points West, including the towns of Sherwood, Newberg, and McMinnville with combined populations of over 80,000
- Significant Frontage and Visibility – The property benefits from over 1,200 feet of frontage along both the Pacific Highway and Old State Highway 99
- Residential and Commercial Proximity – Proximity to both residential and commercial density keeps the area busy during all day parts, all days of the week
- Strong Industrial Complex – 18701-18829 SW Pacific Hwy is surrounded by ±3.5 million SF of industrial buildings, fortifying the demand in the surrounding trade area

APN #’s SF (±) Acres (±) Zoning
2S121B0-01000 33,977 0.78 CG (General Commercial)
2S121B0-00800 79,279 1.82 RR-5 (Rural Residential)
Total 113,256 2.60

Property Facts

Price $750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.60 AC

1 Lot Available

Lot

Price $750,000
Price Per AC $288,462
Lot Size 2.60 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0529609
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$81,530

zoning

Zoning Code GC & RR-5
GC & RR-5
  • Listing ID: 33804720

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 18701-18829 SW Pacific Hwy, Tualatin, OR 97062

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