Description
Exceptional development opportunity in the heart of Orenco! Build your dream home or invest and hold in one of Hillsboro's most sought-after communities. Nearly one-half acre with desirable SCR-OTC zoning offers a variety of potential residential development or Middle Housing Land Division options - subject to applicable approvals and requirements. Prime location at the corner of Chestnut and 66th yielding 2 ½ underlying historic Old Orenco 50’x150’ lots. Close proximity to Orenco Station, MAX, parks, shopping, dining, Intel, and other major employers. Rare chance to acquire one of the larger redevelopment parcels in the Orenco area with compelling long-term upside. Home is likely a tear-down and is not financeable. Value is in the land. Dwelling information has been approximated from tax records and may not be accurate. Buyer to perform all due diligence and verify uses to buyer’s satisfaction. Preliminary site development research and feasibility study have been completed; documents available. Call for more information. (Property is occupied. Please do not walk property without an appointment.) [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249047]
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2BEDS
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0.45ACRES
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1BATHS
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01/2 BATHS
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2,840SQFT
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$211$/SQFT
School Information
Description
Exceptional development opportunity in the heart of Orenco! Build your dream home or invest and hold in one of Hillsboro's most sought-after communities. Nearly one-half acre with desirable SCR-OTC zoning offers a variety of potential residential development or Middle Housing Land Division options - subject to applicable approvals and requirements. Prime location at the corner of Chestnut and 66th yielding 2 ½ underlying historic Old Orenco 50’x150’ lots. Close proximity to Orenco Station, MAX, parks, shopping, dining, Intel, and other major employers. Rare chance to acquire one of the larger redevelopment parcels in the Orenco area with compelling long-term upside. Home is likely a tear-down and is not financeable. Value is in the land. Dwelling information has been approximated from tax records and may not be accurate. Buyer to perform all due diligence and verify uses to buyer’s satisfaction. Preliminary site development research and feasibility study have been completed; documents available. Call for more information. (Property is occupied. Please do not walk property without an appointment.) [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249047]
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