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  • $565,000

    1275 NE Cornell Rd, Hillsboro, OR 97124

    --beds
    0baths
    --sqft
    Unimproved Land, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,746 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,746/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: July 08, 2025 at 03:28am

    Listed by:

    John Tae 503-320-4554,

    eXp Realty, LLC

    Bought with:

    Miriam Ortiz, 201243777

    Keller Williams Realty Professionals

    Source: RMLS (OR),MLS#: 256568445MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Features: SqFt 20000 to Acres1
    Details
    • Additional structures: Existing Structures, Residence
    • Parcel number: R704633
    • Zoning: MR-2

    Utilities & green energy

    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Hillsboro

    Other

    Other facts
    • Listing terms: Cash,Conventional,Rehab

    Price history

    DateEventPrice
    7/8/2025Sold$565,000-3.4%
    Source: RMLS (OR) #256568445 Report a problem
    5/26/2025Pending sale$585,000
    Source: RMLS (OR) #256568445 Report a problem
    5/23/2025Price change$585,000-2.5%
    Source: RMLS (OR) #256568445 Report a problem
    5/22/2025Listed for sale$600,000
    Source: RMLS (OR) #256568445 Report a problem
    5/15/2025Pending sale$600,000
    Source: RMLS (OR) #256568445 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 97124

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lincoln
    • Middle: Evergreen
    • High: Glencoe

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.