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16948 SW 132nd Ter - 1/3 Acre Build Ready Mixed Use Commercial Lot 0.32 Acres of Residential Land Offered at $650,000 in Tigard, OR 97224

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INVESTMENT HIGHLIGHTS

Finished and ready-to-build 1/3-acre mixed-use commercial lot zoned NMU in a desirable location at the corner of SW 131st Ave and Fischer Rd.
Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of commercial and/or residential uses.
Build up to 22,000 SF of mixed-use commercial and/or residential space, up to three stories tall.

The property is level-graded, fully developed, and connected to all utilities, including water, sewer, storm, natural gas, electricity & fiber optics.
Great potential for an adult care facility, retail, residential, medical, professional office, or mixed-use development with retail and apartments.
High visibility and traffic exposure on Fischer Rd, which is expected to become a major thoroughfare upon the completion of the Fischer Rd extension.

EXECUTIVE SUMMARY

Attention all adult care & multifamily/retail investors & developers! Finished and ready-to-build 1/3-acre mixed-use commercial lot zoned NMU in a desirable location at the corner of SW 131st Ave and Fischer Rd in rapidly growing King City. The property is level-graded, fully developed, and connected to all utilities, including water, sewer, stormwater, natural gas, electricity, and fiber optics. Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of commercial and/or residential uses. Great potential for an adult care facility, retail, residential, medical, professional office, or mixed-use development with retail and apartments (multifamily), or commercial space combined. Build up to 22,000 SF of mixed-use commercial and/or residential space, up to three stories tall. Zoning allows for up to 10 residential units with no cap on commercial use. Located near King City Community Park, Bull Mountain, and the Tualatin River, and nestled between Pacific Hwy amenities and Roy Rogers Rd. This corner lot benefits from high visibility and traffic exposure on Fischer Rd, which is expected to become a major thoroughfare following the completion of the Fischer Rd extension. The property is also positioned at the entrance of the Kingston Terrace Master Plan expansion. Zoning also allows for live/work units, row-homes, condominiums, hospitality, religious assembly, and personal service space, in addition to retail, professional office, and multifamily uses. King City continues to experience strong population growth, supported by highly rated schools, walkable neighborhoods, urban amenities and a robust park system—creating sustained demand for neighborhood-serving commercial and residential development. Contact listing agent for the development packet, offering memorandum, civil engineering plans, recorded plat map and due diligence documents.

PROPERTY FACTS

Price	$650,000	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Bank Carwash Community Center Convenience Store Daycare Center Department Store Drugstore Fast Food Healthcare Health Club Hold For Development Hold For Investment Hospital Hotel Medical Motel Movie Theater Neighborhood Center Office Park Outlet Center Rehabilitation Center Restaurant Schools Single Family Development Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Theater or Concert Hall Veterinarian or Kennel
No. Lots	1	Total Lot Size	0.32 AC
Property Type	Land
Zoning	NMU - Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of commercial and/or residential uses.

Price	$650,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Auto Repair Bank Carwash Community Center Convenience Store Daycare Center Department Store Drugstore Fast Food Healthcare Health Club Hold For Development Hold For Investment Hospital Hotel Medical Motel Movie Theater Neighborhood Center Office Park Outlet Center Rehabilitation Center Restaurant Schools Single Family Development Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center Supermarket Theater or Concert Hall Veterinarian or Kennel
Total Lot Size	0.32 AC
Zoning	NMU - Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of commercial and/or residential uses.

1 LOT AVAILABLE

Lot 17

Price	$650,000	Lot Size	0.32 AC
Price Per AC	$2,031,250.00

Price	$650,000
Price Per AC	$2,031,250.00
Lot Size	0.32 AC

Finished and ready-to-build 1/3-acre mixed-use commercial lot zoned NMU. This corner-lot property is level-graded, fully developed, and connected to all utilities, including water, sewer, stormwater, natural gas, electricity, and fiber optics.

DESCRIPTION

Finished and ready-to-build 1/3-acre mixed-use commercial lot zoned NMU in a desirable location at the corner of SW 131st Ave and Fischer Rd in rapidly growing King City. The property is level-graded, fully developed, and connected to all utilities, including water, sewer, stormwater, natural gas, electricity, and fiber optics. Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of commercial and/or residential uses. Great potential for an adult care facility, retail, residential, medical, professional office, or mixed-use development with retail and apartments (multifamily), or commercial space combined. Build up to 22,000 SF of mixed-use commercial and/or residential space, up to three stories tall. Zoning allows for up to 10 residential units with no cap on commercial use. Located near King City Community Park, Bull Mountain, and the Tualatin River, and nestled between Pacific Hwy amenities and Roy Rogers Rd. This corner lot benefits from high visibility and traffic exposure on Fischer Rd, which is expected to become a major thoroughfare following the completion of the Fischer Rd extension. The property is also positioned at the entrance of the Kingston Terrace Master Plan expansion. Zoning also allows for live/work units, row-homes, condominiums, hospitality, religious assembly, and personal service space, in addition to retail, professional office, and multifamily uses. King City continues to experience strong population growth, supported by highly rated schools, walkable neighborhoods, urban amenities and a robust park system—creating sustained demand for neighborhood-serving commercial and residential development. Contact listing agent for the development packet, offering memorandum, civil engineering plans, and due diligence documents.

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