se tv highway & 70th ave land d l 3,082,294 · se t v h se 70 a, h or se tv highway & 70th...

SE Tualatin Valley HWY & SE 70th Ave, Hillsboro OR

SE TV Highway& 70th Ave Land

For Sale2.44 Acres

COMMERCIAL

LAND

Development Land

$3,082,294

0 7 . 0 8 . 2 0 1 9

Commercial Development Opportunity • Hillsboro, Oregon

4 Contiguous Parcels • C-G General Commercial Zoned • Central Location on TV Highway

George N. [email protected]

0 7 . 0 8 . 2 0 1 9© 2019 Real Estate Investment Group Inc. | 2839 SW 2nd Avenue, Portland OR 97201 | 503.222.1655 | www.reig.com

Licensed in OR & WA

COMMERCIAL OPPORTUNITY

Nicholas G. [email protected]

NE 30th Ave

SE TUALATIN VALLEY HWY

35,000+ VPD

RETAILRESTAURANTOFFICESELF STORAGEHOTEL& MORE

SE CEN

TURY

BLVD

CENTURY HIGH SCHOOLROSEWOOD PARKSENIOR LIVING

SOLD - FUTUREDEVELOPMENT

SOLD - KAADYCAR WASH

REED’S CROSSINGMASTER-PLANNED COMMUNITY463 ACRE DEVELOPMENT

SUBJECT

KAADY CAR WASHKAADY CAR WASH

The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

SE TV Hwy & 70th Ave Land SE Tualatin Valley Hwy & SE 70th Ave, Hillsboro OR

COMMERCIAL DEVELOPMENT OPPORTUNITYPresented Exclusively by Real Estate Investment Group

Sale Offering

SALE HIGHLIGHTS

George N. Diamond503.222.2178

[email protected]

Property Features• 2.44 Total Acres Commercial Development Lots with Frontage on SE Tualatin Valley Hwy in Hillsboro• 4 Contiguous Tax Lots (Sold Together)• C-G (Commercial-General) Zoning Allows Retail Sales, Restaurant, Office, Self-Storage, Hospitality, Event/Recreation, Parking Lot, Vehicle Service and More - See Full Table• Graded Lots with All Utilies Stubbed to Site

Asset Description• DEVELOPMENT Land: 4 CONTIGUOUS PARCELS 2.44 Gross Acres

Sale Price• $3,082,294 ($29/Sq. Ft.)

Location Features• Tualatin Valley Highway Location - Major Route with Over 35,000 Vehicles Per Day Near Intersection• Immediately Across from the 463-Acre Reed’s Crossing Development - South Hillsboro Master Plan• 1/2 Block to Fred Meyer Shopping Plaza and Other National Retailers• Nearby Highlights Include Fred Meyer, Kaady Car Wash, Regal Cinemas, KeyBank, Goodwill Outlet, Extra Space Storage, Camping World, Walgreens, Taco Bell, 24 Hour Fitness, Century High School, Park LanesFamily Entertainment Center, Dutch Bros, Starbucks

Nicholas G. Diamond503.222.2655

[email protected]

Nikki Diamond503.946.1959

[email protected]

HIGH-VISIBLITY COMMERCIAL SITE

DEVELOPMENT OPPORTUNITY ON SE TV HIGHWAY

SE TUALATIN VALLEY HWY

FLEXIBLEC-G ZONING

https://www.newlandco.com/communities/reeds-crossing/

https://www.hillsboro-oregon.gov/Home/ShowDocument?id=4491



DEVELOPMENT OPPORTUNITY2.44 Total Acres Commercial Land (4 Parcels)C-G Commercial Zoning Allows Retail, Restaurant, Office, Self Storage, Hotel & More

PARCEL AND LOCAL MAP

0 60

feet

This information is deemed reliablebut is not guaranteed.

Aerial

Taxlot

Subject

Ü

Prepared By:Prepared By:

Date: 03/11/2013Date: 03/11/2013

SE Tualatin Valley Highway

SOLD - FUTUREDEVELOPMENT

SOLD - KAADYCAR WASH

KAADY CAR WASH



463-acre project size

Approved for approximately 2,800 single family homes

Over 1,000 multifamily units

36.6-acre Town Center (commercial/retail development/light industrial)

23-acre greenway with multiple trails for walking, biking and running

21-acre BPA trail corridor

Two to three schools are planned within Reed’s Crossing

On the Portland Metro’s west side, economic opportunities abound. Reed’s Crossing puts you in the heart of the Silicon Forest, with leaders in technology and growing industries right at your doorstep.Reed’s Crossing seamlessly integrates the natural and built environments for the people who will one day call it home. The community’s walking-friendly design brings people out of their homes, and a full calendar of events will bring them together. The proposed mixed-use town center, the wide array of home designs built with environmental sustainability in mind, the future schools, and a robust and diverse network of trails and pathways make Reed’s Crossing a fully integrat-ed, sustainable lifestyle community for generations to come.

REED’S CROSSING

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Source: Esri, DigitalGlobe, GeoEye, i-cubed, USDA, USGS, AEX, Getmapping, Aerogrid, IGN, IGP, swisstopo, and the GIS User Community

N0 2.5 51.25

Miles

South Hillsboro Master Plan MAP TITLE

Date: 11/6/2013

Disclaimer: This map is intended for informational purposes only. It is not intended for legal, engineering, or surveying purposes. While this map represents the best data available atthe time of publication, the City of Hillsboro makes no claims, representations, or warranties as to its accuracy or completeness. Metadata available upon request.

RIVER

RIVER

RIVER

RIVER

South Hillsboro Master PlanOpen House #3

South Hillsboro Vicinity

South Hillsboro

ACROSS FROM PROPERTY



Draft Composite Plan

South Hillsboro Master PlanOpen House #3

LOW DENSITY RESIDENTIALMEDIUM DENSITY RESIDENTIALHIGH DENSITY RESIDENTIALSENIOR HOUSINGCOMMERCIAL/MIXED USESCHOOL SITE/EXISTING SCHOOLPOTENTIAL PARKSPOTENTIAL NATURAL OPEN SPACEFLOOD PLAINBPA EASEMENT

SITE BOUNDARY

LEGEND

ARTERIAL/COLLECTOR STREETSNEIGHBORHOOD STREETSCONCEPTUAL NEIGHBORHOOD STREETSCONCEPTUAL LOCAL STREETSCONCEPTUAL TRAILSGATEWAYTRAILHEAD

0 200 400 600 800ft100

N

June 2014

G

6 acNeighborhood Park

(Location TBD)

6 acNeighborhood Park

(Location TBD)

AlternativeSite for Community Park

(incl Community Rec Ctr)

RosedaleES

LifeChristian

School

Proposed

ES/MS

(20-25ac)

TOWN

CENTER

B U T T E R N U T C R E E K

R E E D’ S C R O S S I N G

B P

A

C O

R R

I D

O R

VILLAGE

CENTERProposed

ES (10ac)

Civic

RegionalTrail

RegionalTrail

Use (tbd)

Proposed

ES (7-10ac)

Proposed

ES (7-10ac) NeighborhoodPark (6ac)

Neighborhood

Park (6ac)

Neighborhood Park (6ac)

Rosedale

Rosa

209th

229th

229th

234th

Corn

elius

P

ass

Murphy

McInnis

Tualatin Valley Highway

Railroad

SE Davis

SE Alexander

Reserve GC

Blanton

Parker

toFarmingtonRoad

Industrial

Kinnaman

Deline

Alternative

Butternut Creek Boundary

Reed’s Crossing Boundary

Butternut Creek Boundary

Site for

Community Park (incl Community Rec Ctr)

B u t t e

r n u t

C r e e k (f l o o d p l a i n)

Neighborhood Park (Location TBD)

6 ac

G

G

SOUTH HILLSBORO MASTER PLAN



Pass

South Hillsboro Master PlanSouth Hillsboro Master PlanSouth Hillsboro Master PlanOpen House #3

Schools, Trails, Parks and Open Spaces

Alternative Sitefor Community Park


Alternative Sitefor Community Park


School Site/Existing School

Potential Natural Area

Potential Park/Open Space

RosedaleES

LEGEND

LifeChristianSchool

ProposedES/MS

(20-25ac)

Proposed ES(7-10ac)

ProposedES (10ac)

Civic Use(TBD)

ProposedES (7-10ac)





Proposed Trails

Proposed Roads with Pedestrian and Bicycle Improvements

6acNeighborhood Park

(Location TBD)


(Location TBD)


(Location TBD)

BP

A C

OR

RI D

OR

Rosedale

Rosa

Regional Trail

Reserve GC

SE Davis

209th

209th

229th

229th

234th

Corn

elius

Murphy

McInnis

Tualatin Valley Highway

SE Alexander

Blanton

Parker

Industrial

Kinnaman

Deline

Railroad

B u t t e r n

u t C r e e k (f l o o d p l a i n)

0 300’ 600’

SOUTH HILLSBORO MASTER PLAN

BUTTERNUT CREEK

REED’S CROSSING



1s2w10

1s2w15

1s2w03

1s2w

09

1s2w

11

1s2w

16

1s2w

02

SE 6

7TH

AV

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SE DAVIS ROAD

SE DRAKE STREET

SE ALEXANDER STREET

SE IM

LAY

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SE 7

3RD

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SE TUALATIN VALLEY HIGHWAY

SE B

RO

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SE 6

1ST

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IVE

SE GOLDEN ROAD

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3RD

AV

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SE BLANTON STREETSE LONE OAK STREET

SE PUEBLO STREET

SE RANCHO STREET

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0TH

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SE 5

2ND

AV

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SE PROVENCE STREET

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3RD

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4TH

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0TH

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SE 5

5TH

AV

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I-P

SFR-7

MFR-1

C-G

SFR-7SFR-6

SFR-6

I-G

SFR-4.5

SFR-10

MFR-1

MFR-2

MFR-2

MFR-3

MU-C

SFR-4.5

CO

SFR-7

MU-VTC

SFR-7

MFR-2

C-G

SFR-6

MFR-1MFR-2

MFR-2

CO

SFR-8.5

SFR-6

MFR-1

SFR-6

MFR-1MFR-1

MU-N

I-P

SFR-4.5

MFR-2

SFR-10MFR-1

SFR-7

SFR-6

ANX

SFR-7 SFR-6

SFR-8.5

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

PUD

Plot Date: June 3, 2019

This product is for informational purposes and may not have been preparedfor, or be suitable for legal, engineering, or surveying purposes. Users ofthis information should review or consult the primary data and informationsources to ascertain the usability of the information.

1 inch = 1,000 feet

Guide to Map Features

Zoning Designations:

ANX Recent AnnexationPUD Planned Unit Development OverlayUrban Growth Boundary

Township Range Section (TRS)Light Rail Buffer:Light Rail: Stations Line

2600'kj

0 600 1,200 1,800300Feet

1300'

SCR-OTC Station Community Residential - Orenco Townsite Conservation

SCR-LDSCR-DNC Station Community Residential -

Downtown Neighborhood Conservation

Station Community Residential - Low Density

SCR-HD Station Community Residential - High DensitySCR-MD Station Community Residential - Medium Density

SCR-V Station Community Residential - VillageUC-RM Urban Center - Residential Medium Density

SSID Shute Road Special Industrial DistrictSID I-P Special Industrial DistrictI-G Industrial - GeneralI-PI-S Industrial Sanctuary

Industrial Park

UC-MU Urban Center - Mixed-Use Urban Density

SFR-10SFR-8.5SFR-7SFR-6SFR-4.5

MFR-1MFR-2MFR-3

ESIDHSID

SC-BPSCIC-GC-NSCC-DTSCC-MMSCC-SCUC-ORUC-ACUC-NCMU-N

MU-C

SCFIUC-RP

Single Family ResidentialSingle Family ResidentialSingle Family ResidentialSingle Family ResidentialSingle Family Residential

Multi-Family ResidentialMulti-Family ResidentialMulti-Family Residential

Evergreen Special Industrial DistrictHelvetia Special Industrial District

Station Community Business ParkStation Community IndustrialCommercial - GeneralCommercial - NeighborhoodStation Community Commercial - DowntownStation Community Commercial - Multi ModalStation Community Commercial - Station CommercialUrban Center - Office / ResearchUrban Center - Activity Center

Urban Center - Research ParkStation Community Fair Complex Institutional

Mixed-Use - Commercial

Mixed-Use - NeighborhoodUrban Center - Neighborhood Center

150 E. Main Street, Fouth Floor, Hillsboro, Oregon 97123-4028 503-681-6153 503-581-6245 www.hillsboro-oregon.govMail Phone Fax Web

ZONING ATLAS TRS1s2w10

MU-VTC Mixed-Use - Village Town Center

ZONING DETAIL



ZONING DETAIL



DEMOGRAPHICS

FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.499/-122.9107

SE TV Hwy & SE 70th Ave1 mi radius 3 mi radius 5 mi radius

Hillsboro, OR 97123

POPU

LATI

ON

2019 Estimated Population 0 T 12,621 131,629 266,1412024 Projected Population 0 T 13,194 137,634 278,6432010 Census Population 0 T 10,799 110,122 233,1502000 Census Population 0 T 9,624 84,803 193,317Projected Annual Growth 2019 to 2024 - 0.9% 0.9% 0.9%Historical Annual Growth 2000 to 2019 - 1.6% 2.9% 2.0%

HO

USE

HO

LDS

2019 Estimated Households 0 T 4,282 48,156 99,8282024 Projected Households 0 T 4,545 51,237 106,3012010 Census Households 0 T 3,627 39,395 86,1842000 Census Households 0 T 3,244 29,933 70,761Projected Annual Growth 2019 to 2024 - 1.2% 1.3% 1.3%Historical Annual Growth 2000 to 2019 - 1.7% 3.2% 2.2%

AG

E

2019 Est. Population Under 10 Years - 13.4% 13.4% 12.9%2019 Est. Population 10 to 19 Years - 15.2% 13.1% 12.8%2019 Est. Population 20 to 29 Years - 11.7% 15.1% 14.8%2019 Est. Population 30 to 44 Years - 24.5% 24.4% 23.9%2019 Est. Population 45 to 59 Years - 19.3% 18.0% 18.6%2019 Est. Population 60 to 74 Years - 11.1% 12.0% 12.5%2019 Est. Population 75 Years or Over - 4.7% 4.0% 4.5%2019 Est. Median Age 34.8 34.0 35.1

MA

RIT

AL

STA

TUS

& G

END

ER

2019 Est. Male Population - 50.2% 49.9% 49.8%2019 Est. Female Population - 49.8% 50.1% 50.2%

2019 Est. Never Married - 26.2% 31.2% 31.5%2019 Est. Now Married - 55.5% 50.1% 50.3%2019 Est. Separated or Divorced - 15.1% 15.4% 15.1%2019 Est. Widowed - 3.2% 3.3% 3.1%

INC

OM

E

2019 Est. HH Income $200,000 or More - 6.7% 6.3% 7.0%2019 Est. HH Income $150,000 to $199,999 - 10.0% 9.0% 10.2%2019 Est. HH Income $100,000 to $149,999 - 21.5% 20.6% 19.5%2019 Est. HH Income $75,000 to $99,999 - 19.4% 19.2% 18.3%2019 Est. HH Income $50,000 to $74,999 - 17.6% 19.0% 18.2%2019 Est. HH Income $35,000 to $49,999 - 9.6% 9.8% 10.1%2019 Est. HH Income $25,000 to $34,999 - 5.1% 5.8% 6.0%2019 Est. HH Income $15,000 to $24,999 - 3.6% 5.4% 5.3%2019 Est. HH Income Under $15,000 - 6.6% 5.0% 5.3%2019 Est. Average Household Income $0 T $99,977 $95,075 $96,6322019 Est. Median Household Income $0 T $86,928 $82,299 $83,7852019 Est. Per Capita Income $0 T $33,965 $34,859 $36,386

2019 Est. Total Businesses 0 T 334 2,774 7,6282019 Est. Total Employees 0 T 3,259 32,739 97,499


Lat/Lon: 45.499/-122.9107


Hillsboro, OR 97123

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*Demographic Information, Traffic Counts, and Merchant Locations are Provided by REGIS Online at SitesUSA.com

SOUTH

HILLSBORO

MASTER

PLAN

SUBJECT

REED’S CROSSINGMASTER-PLANNED COMMUNITY463 ACRE DEVELOPMENT

BUTTERNUT CREEKMASTER-PLANNED COMMUNITY

REEDVILLE

MEADOW OAKS

PORTLAND AREA JOB GROWTHT H E P O R T L A N D - V A N C O U V E R - H I L L S B O R O A R E AR E C O R D E D A T O T A L E M P L O Y M E N T S T A T I S T I CO F O V E R 1 , 2 7 3 , 0 0 0 J O B S F I L L E D A S O F J A N u a r y2 0 1 9 , A C H A N G E O F + 1 9 . 1 % F R O M 1 0 Y E A R S P R I O R .

JAN 2009: 1 ,069,533 | JAN 2019: 1 ,273,796Figures Provided by Bureau of Labor Statistics and Department of Numbers

Bureau ofLabor

Statistics 1/09 1/10 1/11 1/12 1/13 1/14 1/15 1/16 1/17 1/18 1/19

1,300,000

1,200,000

1,100,000

E M P L OY M E N T P O R T L A N D -VA N C O U V E R - H I L L S B O R O

se tv highway & 70th ave land d l 3,082,294 · se t v h se 70 a, h or se tv highway & 70th...

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