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Investment Highlights

  • Prime Tigard Triangle location with strong connectivity to I-5 and Hwy 217.
  • Located in a Qualified Opportunity Zone for tax benefits.
  • Proximity to retail, parks, and major employment centers in Portland metro
  • Zoned Triangle Mixed-Use with development options up to six stories.
  • Combine with neighboring parcel for a total of 1.23 acres.

Executive Summary

This Tigard Triangle development site offers an exceptional investment opportunity in one of Portland’s most dynamic growth markets. The property includes 40,170 square feet and is zoned for Triangle Mixed-Use, supporting versatile development options up to six stories. Investors can maximize potential through multifamily or mixed-use projects, leveraging demand from the region’s expanding population and thriving employment base. Positioned within a Qualified Opportunity Zone and a Tax Increment Finance Area, the site delivers significant financial advantages for long-term returns. Optional lot combination expands the project footprint to over an acre, creating additional design flexibility and scale. With proximity to major highways, retail hubs, and business centers, this property stands out as a well-placed platform for urban, residential, or commercial development.

Property Facts

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.92 AC
Opportunity Zone Yes
Zoning TMU

1 Lot Available

Lot

Price $1,500,000
Price Per AC $1,626,587.55
Lot Size 0.92 AC

40,170 SF development site in Tigard Triangle, ideal for mixed-use projects with zoning flexibility and strong growth potential.

Description

Located at SW 69th and SW Baylor, this site occupies a prime position within the Tigard Triangle—a highly accessible and active development corridor. The property spans approximately 40,170 square feet and benefits from Triangle Mixed-Use zoning, enabling multiple paths for future development including multifamily, retail, or office components. The surrounding area offers strong connectivity via I-5, Hwy 217, and public transit, ensuring ease of access for residents and businesses. Nearby amenities include Bridgeport Village, Washington Square Mall, and Cook Park, providing retail, dining, and recreational options. With financial incentives such as Opportunity Zone designation and eligibility for Tax Increment Financing, the site is uniquely positioned to attract developers seeking long-term growth potential. Its blend of location, zoning flexibility, and transport links makes the property an ideal choice for impactful projects.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 41189564

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: 11570 SW 69th Ave, Portland, OR 97223

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