The Last Great Opportunity 1.6 Acres of Prime Residential / Mixed Use land at the Orenco Station 8 Lots of Record Ready to Build Overview The Orenco Station community as a whole has been named one of the best places to live in America both Nationally and locally for decades. With winning designs this Portland (OR) suburban hub has become a powerhouse of economic activity and lifestyle. In the truest sense of the phrase "live-work" Orenco has become a high tech mecca led by and over 100 other high tech firms. Add to that the MAX stop, mass transit, parks, shops, eateries, a baseball stadium, community centers, and top rated schools and Orenco has become #1 on many lists as a top place to live. Just 15 minutes West of Portland this community within Hillsboro, Oregon is the economic engine of the State of Oregon.

Having said all of that there is no more residential land left to develop nor are their plans to create any. This is w hy t his opport unit y shines so bright ly as t he last great sit e! The Opport unit y

MLS Number: 19602878 List Price: $1,750,000

Zoning: SCR- OTC City of Hillsboro, Or Lots: 8 Lots of Record

Lot Size: 1.6 Acres Total Plat: Orenco Townsite- 1909

Services: Sewer, Water, Power, Gas- Avail. Features: Adjacent to MAX Light rail,

Address: NE Alder Street & Century Blvd walk to INTEL Ronler Acres, Historic District, Adjacent to stores and shops, Terms: Cash - Reasonable due diligence Zoned Residential & Mixed Use acceptable for qualified buyers

Alley access from Southern lots

There are m any allow ed uses all of w hich w ill require careful planning and archit ect ural designs cohesive w it h t he Orenco Hist oric Dist rict . Highest and best use is single-fam ily w it h ADU, rent al hom es, m ixed use w it h living over sm all neighborhood friendly com m ercial uses, and sm all scale com m ercial. Call Dirk Knudsen for a full packet . Opt ions for Developm ent

Opt ions abound for t hese lot s. There w ill never be anot her set t ing like t his nor propert y like t his in an already built out and incredibly t ight housing and com m ercial m arket . Highest and best use current ly allow ed by t he building codes are:

- Resident ial Use: Homes on these 50 x 150 lots sell new in the $650,000 to $850,000 price range. - ADU Unit s: Each lot of record is allowed one detached or attached Accessory Dwelling Unit up to 750 SF. These units provide much need rental units or space for guests, studio space, or ?? - Mixed Use: Small scale commercial (Restaurants, Office, Retail) are allowed on each lot with a residence over and an ADU over or detached subject to design and parking criteria. - Sm all Scale Com m ercial: Each lot of record can have structures designed to the period in which Old Orenco was built used for Commercial Space. Uses like eateries, coffee shops & Cafes, retail stores, beauty salons, service businesses, day care, and office space are all allowed and encouraged in this zoning This Flexible Zoning Prot ect s Your Invest m ent

Tax Lot s Being Sold As A Package

8 Lots total are being offered. The potential exists to lot line adjust some lots and to create additional lots within the overall holding SUBJECT

For More Info Call Dirk Knudsen- Broker 503-799-8383 - calldirk.com