14187 SW 100th Ave - Senior Housing FOR SALE


Tigard, OR 97224- Bull Mountain
$1,300,000 USD
503-819-7898
14187 SW 100th Ave, Tigard, OR for Sale
$1,300,000 USD
Senior Housing - FOR SALE
1/11
null | Request Cap Rate

14187 SW 100th Ave
Tigard, OR 97224
Bull Mountain


HIGHLIGHTS

  • Total Solar Exposure and a perfect site for a LEED or other type of "Green" or "Sustainable" Features land development and build-out!
  • Current utilities along the frontage street (SW 100th Avenue) are properly sized for a complete build-out!
  • It's a Middle-to-Upper-Middle-Income neighborhood that's a progressive, economically & demographically diverse area, plus extensive commerce corridor!
  • The spectacular Mt. Hood and Cascade Foothills view-line!
  • The property is safe harbor with lots of upside and seller has done most, if not all, of the initial due diligence.

OVERVIEW

* Contact the Seller, or refer to COSTAR Listings #11710151 & 11707574, for addt'l info. * This is an extremely flexible "Res-D" Zoned parcel with a Mt. Hood view-line... The last undeveloped parcel with this Zoning (or greater density) that captures this magnificent view along State Hwy. 99W in the beautiful, progressive, and economically expanding South Tigard/King City area of SW Portland, Oregon! * Currently the planned business model and Oregon DHS approvals are staged to develop a 3-story "Senior Care" or "Rehabilitative Care" build-out for 82-125 Residential Care & Alzheimer/Memory Care occupants. Seller is seeking either a direct land purchase Buyer or also offers a direct land purchase + JV option to facilitate the necessary development and sequential build-out/full-occupancy activities to make this exceptional development opportunity a profitable reality. * Seller has an "Executive Brief", "Pro Forma", 'Financials", and much more readily available. With the City's Pre-application process completed, it's poised for formal Land Use Application. * The property is safe harbor with lots of upside and seller has done most, if not all, of the due diligence. * At 320' elevation this property has no known hazards such as landslide, flood, hurricane/tornado, drought, tsunami, or contaminated soil * GPS Coordinates are: Latitude 45.417395 & Longitude -122.781119 * What's to love most about the location is its LOCATION! Including the view-line of Mt. Hood and the fact that the property sits just 5-blocks from State Hwy. 99W arterial, 2 miles from Portland city limits, 3/4 mile from I-5 freeway, in a Middle-to-Upper-Class & Income area, within City Limits of Tigard (more specifically South Tigard), with all utilities at the property frontage, and it's ADA accessible between the site, its planned structure(s), and the State Hwy. 99W arterial. * This South Tigard neighborhood setting is quiet & peaceful, with virtually no traffic/rail or aviation noise, minimal wind, yet transit and commerce are nearby and readily accessible on foot or by bicycle, scooter, golf cart/EV, other personal transportation, or via public transportation. See Photo attachments for more on these above and below noted topics. * The area also enjoys long-term affordable and reliable Water, Power, Natural Gas, Public Transit, Public Safety, and other services. * Buyer to perform all needed due diligence prior to closing.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$14 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Venus Heights 3-Story Healthcare Site

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Senior Housing

ADD'L SUBTYPES

Assisted Living, Rehabilitation Center, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

RES-D Medium-High Density

APN/PARCEL ID

R0501905

ASK ABOUT THIS PROPERTY

Rob RuedyRob RuedyMore Info
503-819-7898

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Rob RuedyRob RuedyMore Info
503-819-7898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.