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Executive Summary

The property is situation in the Tigard Triangle, which is a Qualified Opportunity Zone (QOZ).
The QOZ program has been extended indefinitely. Originally set to expire for new investments on December 31, 2026, the Federal One Big Beautiful Bill Act removes that sunset and establishes a rolling 10-year designation cycle.

Property Facts

Price $810,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.49 AC
Opportunity Zone Yes
Zoning TMU - Tigard Mixed Use - allowed uses include apartments, office, retail/commercial sales, and civic services

1 Lot Available

Lot R957366

Price $810,000
Price Per AC $1,653,061.22
Lot Size 0.49 AC

• Level lot with flat topography • Utilities available at SW Beveland Rd • Highly desirable submarket • Proximity to I-5, Hwy 217, and Hwy 99W

Description

This ± 0.488-acre multi-family development site sits within one of Tigard's fastest-growing areas, with strong access to transit, shopping, and downtown Portland. Zoning allows for higher density residential, making it ideal for developers targeting continued demand for quality housing. Surrounded by existing amenities and supported by a city vision for walkable growth, the property is well-positioned for near-term development. The Tigard Triangle is gaining traction as a strategic location for new apartment projects, offering convenient access to west and south metro employment hubs at a more attainable price point than inner Portland. Ongoing redevelopment momentum and city backing support long-term growth.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 40897519

  • Date on Market: 6/12/2026

  • Last Updated:

  • Address: 7085 SW Beveland Rd, Tigard, OR 97223

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