Hillsboro, OR 97124,1275 NE CORNELL RD
Hillsboro, OR 97124,1275 NE CORNELL RD
Hillsboro, OR 97124,1275 NE CORNELL RD
Listed by eXp Realty, LLC • 503-320-4554
Bought with Keller Williams Realty Professionals
$565,000
Est. payment /mo
$585,000
3.4%
Est.Price: ?

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SOLD DATE : 07/08/2025

Key Details

Sold Price $565,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 256568445

Sold Date 07/08/25

Annual Tax Amount $4,418

Property Sub-Type Multi Family

Property Description

Seize this exceptional chance to develop nearly 1 acre of prime real estate in one of Hillsboro's most sought-after locations! One parcel with 2 homes, zoned MR-2 (Multi-Unit Residential), presents endless possibilities for builders, developers, and investors. Ideal for multi-family housing, townhomes, or multiple dwelling structures, possibly up to 21 units — buyer to verify and perform due diligence on development options. The property includes two existing buildings, providing immediate usability or rental income while planning future development. Positioned along a high-traffic corridor, this site offers outstanding visibility and accessibility with close proximity to major employers, including Intel, Nike, and Hillsboro's thriving tech hub. Additionally, upcoming infrastructure enhancements along Cornell Road will improve traffic flow and accessibility, further increasing the site's long-term value. Conveniently located just minutes from downtown Hillsboro, Orenco Station, and Tanasbourne, this property offers seamless access to shopping, dining, parks, and public transit, including the MAX Light Rail. Quick connections to Highways 26 & 217 make commuting a breeze, while nearby schools, hospitals, and recreational amenities add to the property's appeal. Opportunities like this are rare—don't miss your chance to invest in Hillsboro's booming real estate market!

Location

State OR

County Washington

Area _152

Zoning MR-2

Exterior

Utilities Available Other

Garage No

Schools

Elementary Schools Lincoln

Middle Schools Evergreen

High Schools Glencoe

Others

Acceptable Financing Cash, Conventional, Rehab

Listing Terms Cash, Conventional, Rehab

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Regional Multiple Listing Service (RMLS)

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agent

Diana Ferguson

+1(503) 756-4738

Principal Broker | License ID: 200503157

Principal Broker License ID: 200503157

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