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SE Corner of SE 190th Drive & SW Knapp Drive - Sunset Village Corner/Commercial Lots 4.85 Acres of Residential Land Offered at $4,850,000 in Gresham, OR 97080
INVESTMENT HIGHLIGHTS
- Walking distance to several new residental subdivisions with new homes being built by Taylor Morrison Homes.
- Lots designed for effecient land ultilzation to serve the surrounding new home owners.
- High visablity with multiple access points to new home owners with sidewalk accessiblity.
EXECUTIVE SUMMARY
Pleasant Valley Transportation System Develoopment Credits ("SDC") of $250,047 may still be availble and included in sale if both lots sold together.
*All property uses, curb cuts and SDC credits are subject to specfic design, use and plan approval from the Urban Design & Planning at the City of Gresham.
Exact land or lot sizes are subject to buyers survey and verification, and not warranted by seller.
The information provided is not warrented by the Seller and must be independently verified by Buyer.
Seller is a licienced real estate broker in Kentucky and does not represent the Buyer.
The property is sold AS IS with no warrenty or guarentee the the land may be used for any intended purpose.
• State ID: 1S3E20BD 13100
• RNO: R993200770
• RNO6: R340811
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1
| Price | $4,850,000 | Lot Size | 4.85 AC |
| Price Per AC | $1,000,000.00 |
| Price | $4,850,000 |
| Price Per AC | $1,000,000.00 |
| Lot Size | 4.85 AC |
Two Pleasant Valley District coner lots approximatly 1.6 acre and 3.2 acre zoned High Density Residential (HDR-PV). This zoning accomodates 25-40 multifamily units and optional commercial uses. Utiilities in ajacent Public Utility Easment.
DESCRIPTION
Lots are on both sides of the intersection at SE 190th and SW Knopp Rd, the entrance to SUNSET VILLAGE and PIPER RIDGE, a planned 339 lot residential subdivision. Taylor Morrision Homes is currently building new homes in Piper Ridge and LGI Homes Inc. has completed most of the homes in Sunset Village. Multiple access points from neighborhood roads (SW Thomas Avenue, SW 42nd Terrace & SW 38th Street) lined with curbs and some side walks. The lots are designed to be visible, accessible, and adaptable for efficient development utilization. National home builders DR HORTON and LENNAR have recently built may of the homes directly across SW 190th Drive within sight and easy walking distance. ZONING: The HDR-PV sub-district is intended to accommodate the highest density housing in Pleasant Valley, with densities ranging from 25 to 40 units per acre. HDR-PV does allow some commercial development as part of that residential development as long as they are permitted per Table 4.1413 and meet the standards in 4.1414. Commercial uses are only permitted on lots with at least one dwelling unit and the floor area of commercial uses cannot exceed 4,000 square feet. City of Gresham | Urban Design + Planning Planner On Duty: POD@GreshamOregon.gov Both parcels are currently considered one tax lot by the City of Gresham. STATE ID: R1S3E20BD 13100 RNO: R993200770 RNO6: R340811 SITE CITY: GRESHAM SITE ZIP CODE: 97080 COUNTY: MULTNOMAH AREA (ACRES): 4.85 ZONING: HDR-PV (HIGH-DENSITY RESIDENTIAL - PLEASANT VALLEY) LEGAL DESC: SECTION 20 1S 3E, TL 13100 4.85 ACRES Pacel #2020-180243
PROPERTY TAXES
| Parcel Number | R340811 | Improvements Assessment | $0 |
| Land Assessment | $1,480,000 | Total Assessment | $1,480,000 |
PROPERTY TAXES
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SE Corner of SE 190th Drive & SW Knapp Drive - Sunset Village Corner/Commercial Lots
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