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Home + Sea Realty
2.48 Acres

12400 SW Beef Bend Rd, Portland

$1,500,000

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ActiveMLS®: 759642497Listing held by another brokerage, marked RMLS
Lot size
2.48 acres
Property type
Land
Days on market
24

Overview

Bring your vision to 2.48 acres of development potential in the heart of Tigard! Zoned R-9 and conveniently located within the Portland metro area, this property offers a rare opportunity for builders, developers or investors looking for a sizable parcel in an established area. The value is in the land, with the existing home considered of no value and the property best suited for removal of the current structure and future redevelopment. The expansive acreage provides an exciting blank canvas for what could come next, subject to buyer verification and approval of intended uses. A substantial 46-by-20-foot detached, open-sided covered structure is also located on the property and may provide useful space during planning or development. Enjoy a location that combines development possibilities with convenient access to everyday amenities. Nearby Cook Family Park features riverfront trails, sports fields, playgrounds, picnic areas and access to the Tualatin River. Shopping, dining and services throughout Tigard, King City and the greater Tualatin area are within easy reach, along with connections to the rest of the Portland metro.Opportunities to acquire 2.48 acres in Tigard are increasingly hard to find. Whether you're considering residential development or another use permitted under the zoning, this property is ready for a fresh start. Existing home has no value; value is in the land. Buyer to perform all due diligence regarding R-9 zoning, density, utilities, development potential, demolition requirements and permitted uses.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
2.48 acres
Lot features
Hilly, Private, Secluded, Trees
View
No

Schools

High school
Tualatin
Middle school
Twality
Elementary school
Alberta Rider

Location

City
Portland
County
Washington
Zoning
R-9

Taxes and dues

Annual taxes
$7,456

Location

12400 SW Beef Bend Rd, Portland, OR 97224

Map showing the location of 12400 SW Beef Bend Rd, Portland, OR 97224
© Mapbox © OpenStreetMap

Monthly payment estimate

$8,605 /mo

20% · $300,000
7.00%
Principal and interest
$7,984
Property tax
$621
Total
$8,605

Estimate only, and not an offer of credit. Assumes 20% down ($300,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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