For Sale
$750,000

Terrawood StForest Grove, OR 97116

Prime Oregon development land, R-7 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 9.69-acre commercial land parcel presents a compelling investment opportunity in Forest Grove, Oregon. Located in Washington County, with a 97116 zip code, this property is strategically positioned on the city border, within the urban growth boundary. The land comprises two tax lots totaling 9.69 acres, specifically 6.48 acres and 3.21 acres. The versatile R-7 zoning designation unlocks significant development potential, making it particularly attractive to residential developers seeking to contribute to the area's rapid growth. The substantial 6.5 acres of developable land offers ample space for a variety of projects. This offering includes both parcels sold together, providing a cohesive and sizable landholding ready for immediate development. The property's location at the edge of the city and within the urban growth boundary ensures access to existing infrastructure and future expansion possibilities. With its prime location and flexible zoning, this property represents a rare chance to capitalize on the thriving Forest Grove real estate market. The coordinates are 45.5235039 latitude and -123.1300872 longitude. The asking price for this exceptional property is $750,000.

Highlights

  • 9.69-acre commercial land parcel in Forest Grove, OR (97116), including approximately 6.5 acres of developable land.
  • Versatile R-7 zoning allows for significant development potential.
  • Opportunity for substantial expansion within the urban growth boundary.
  • Two tax lots (6.48 acres and 3.21 acres) sold together as a single offering.

Property Details for 0 Terrawood St

Property type
Land
Lot Size (sq. ft)
422,096 SF

Location Insight

City
Forest Grove
County
Washington
State
Oregon
Latitude
45.5235039
Longitude
-123.1300872
Terrawood St, Forest Grove, Oregon

FAQs

What type of property is this?
Land - Prime Oregon development land, R-7 zoning.
Where is the land located?
The property is located at Terrawood St Forest Grove, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 9.69-acre commercial land parcel in Forest Grove, OR (97116), including approximately 6.5 acres of developable land.; Versatile R-7 zoning allows for significant development potential.; Opportunity for substantial expansion within the urban growth boundary.
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0 Terrawood St
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