This Land Property is no longer advertised on LoopNet.com.

SW Dartmouth
Tigard, OR 97223
Tigard-Portland 150-200 Unit QOZ Development · Land For Sale · 1.27 AC

Investment Highlights

  • Fast track permitting
  • Intel, Salesforce, Genentech, Kaiser Permanete, Columbia Sportswear, et. nearby employers.
  • Growth area with strong rental demand.
  • Appraised Value $2,710,000 (2019)

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Hold For Development
Total Lot Size 1.27 AC
Cross Streets SW 69th Ave
Zoning TMU

Description

Sloping lot, ready for 150-205 residential units + ground floor retail. QOZ eligible. Opportunity Zone tax benefits! Vertical Housing Tax Credit eligible. 80% property tax abatement for 10 years. Fast Track Permitting. Break ground almost immediately. "TMU" enjoys an abbreviated land use approval-no public hearings/type 1 internal Staff review only. Doesn't get better than this! Located in the Tigard "TMU Zone", this site is a fast track development area precluding extensive permitting approvals. It is possible to submit plans and begin construction almost immediately. (see permitting process attachment). Residential and/or mixed use possible. Tigard Triangle is zoned for mixed use, high density, multiple levels, and bordered by Interstate 5 Freeway, Highway 217, and Route 99, all of which are highly traveled and connects Portlanders to many amenities in the “Triangle”. A local team of development professionals are in place to execute the project for an investor, including a Local/National builder, respected engineering firm, and an award winning design team. Our jurisdictional due diligence with City of Tigard, Clean Water Services, Tri-Met, affirm and assist the entitlement and permitting process. Or, bring your own team. The neighborhood is lacking housing, is upscale, is a live-work-walk area and offers many amenities / shopping including Costco, Wal-Mart, Lowe's, Regal Theaters, etc. Check the "Triangle" here https://goo.gl/maps/azxg8cWz9koLDHHP7 The Due Diligence process is complete, this project is ready to build!

Property Taxes

Property Taxes

Parcel Number
R0286586
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$95,750
  • Listing ID: 19689427

  • Date on Market: 5/27/2020

  • Last Updated:

  • Address: SW Dartmouth, Tigard, OR 97223

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