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For Sale

11780 SW 72ND AVE

11780 SW 72ND AVE | TIGARD,, or 97223

Property Details

Price$560,000
Available SF1,777
Property Size0.33 Acres

Supporting Documents

Description

  • Norris & Stevens, Inc., acting as the exclusive listing agent, is proud to present a standout investment and development opportunity located at 11780 SW 72nd Avenue, Tigard, Oregon 97223. Spanning 0.3283 acres (approx. 14,300 SF), this level and accessible parcel is strategically positioned within the highly sought-after Tigard Triangle. This isn't just a piece of land; it is a gateway to one of the region’s most ambitious urban transformations. As the city continues to invest in the Triangle’s evolution into a walkable, transit-oriented hub, this property sits at the epicenter of growth. Whether you envision a sophisticated multi-story mixed-use project, a steady-income rental property, or a uniquely located single-family residence, the flexible Triangle Mixed-Use (TMU) zoning provides the canvas to bring your vision to life. This is a rare chance to secure a footprint in a district defined by its connectivity, vibrant local economy, and future-forward planning.

Highlights

  • Zoning: Triangle Mixed-Use (TMU), a designation intended to create an active, urban, and pedestrian-oriented district
  • Development Potential: The TMU zone supports a variety of housing options and commercial uses, including mixed-use buildings up to 45 feet tall.
  • Strategic Location: Situated near major arterials including Highway 99W, Highway 217, and I-5, providing excellent regional connectivity.
  • Incentives: The site is located within a Vertical Housing Development Zone, which may offer a partial property tax exemption for qualified multi-story projects.
  • Shopping & Dining: Steps away from major retailers like Costco and WinCo Foods, with easy access to Washington Square Mall and local favorites like Hina’s Island Grindz and Beach Hut Deli.
  • Parks & Recreation: Proximity to the Fanno Creek Regional Trail for biking and walking, as well as the 79-acre Cook Family Park and Woodard Park.
  • Qualified Opportunity Zone

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