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Listed by eXp Realty, LLC • 503-320-4554
$600,000
Est. payment /mo
Active
1275 NE CORNELL RD Hillsboro, OR 97124
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 256568445
Annual Tax Amount $4,418
Property Sub-Type Multi Family
Property Description
Seize this exceptional chance to develop nearly 1 acre of prime real estate in one of Hillsboro's most sought-after locations! One parcel with 2 homes, zoned MR-2 (Multi-Unit Residential), presents endless possibilities for builders, developers, and investors. Ideal for multi-family housing, townhomes, or multiple dwelling structures, possibly up to 21 units — buyer to verify and perform due diligence on development options. The property includes two existing buildings, providing immediate usability or rental income while planning future development. Positioned along a high-traffic corridor, this site offers outstanding visibility and accessibility with close proximity to major employers, including Intel, Nike, and Hillsboro's thriving tech hub. Additionally, upcoming infrastructure enhancements along Cornell Road will improve traffic flow and accessibility, further increasing the site's long-term value. Conveniently located just minutes from downtown Hillsboro, Orenco Station, and Tanasbourne, this property offers seamless access to shopping, dining, parks, and public transit, including the MAX Light Rail. Quick connections to Highways 26 & 217 make commuting a breeze, while nearby schools, hospitals, and recreational amenities add to the property's appeal. Opportunities like this are rare—don't miss your chance to invest in Hillsboro's booming real estate market!
Location
State OR
County Washington
Area _152
Zoning MR-2
Exterior
Utilities Available Other
Garage No
Schools
Elementary Schools Lincoln
Middle Schools Evergreen
High Schools Glencoe
Others
Acceptable Financing Cash, Conventional, Rehab
Listing Terms Cash, Conventional, Rehab
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