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Investment Highlights

  • This property stands out for its exceptional development potential, driven by its MUE zoning.
  • Positioned between I-5 and Highway 217, it offers unmatched access to major corridors, employment hubs, and retail centers
  • Opportunity Zone designation, and strategic location next to a new light rail project

Executive Summary

Prime 10,000 sq. ft. development opportunity in an exceptional Tigard Triangle location with territorial views. Ideally positioned between I-5 and Highway 217, and adjacent to the expanding light rail corridor, this property offers outstanding long-term redevelopment potential in one of the area’s fastest-growing urban corridors.
Zoned MUE (Mixed-Use Employment), the property supports a broad range of permitted uses including mixed-use, multifamily, residential, office, commercial, light industrial, and high-density employment development. The site’s strategic location provides exceptional access to major transportation routes, key employment centers, Washington Square, and a newly developed major hotel nearby.
The property includes an existing 2,012 sq. ft. tenant-occupied home featuring 3 bedrooms and 2 bathrooms, providing immediate income and potential office or holding-use opportunity while planning future development. The primary value remains in the land, zoning flexibility, and future redevelopment potential.
Located within a designated Opportunity Zone, this property may offer additional long-term investment advantages for qualified buyers. The home is being sold as-is. Seller may participate in a 1031 exchange.2% courtesy to brokers

Property Facts

Price $685,000
Price Per SF $340.46
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.23 AC
Building Size 2,012 SF
No. Stories 2
Year Built 1945
Opportunity Zone Yes
Zoning MUE (Mixed-Use Employment - MUE (Mixed-Use Employment) — a highly sought-after zoning allowing flexible development including residential, commercial, office, and employment uses

Amenities

  • Air Conditioning
  • Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R0285916
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$167,660
  • Listing ID: 39907666

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 11600 SW 69th Ave, Portland, OR 97223

Contact the Sale Advisor

11600 SW 69th Ave - Baylor Property

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