Sold
$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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Owner options
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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#: 256568445
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
| Date | Event | Price |
|---|---|---|
| 7/8/2025 | Sold | $565,000-3.4% |
Source: | ||
| 5/26/2025 | Pending sale | $585,000 |
Source: | ||
| 5/23/2025 | Price change | $585,000-2.5% |
Source: | ||
| 5/22/2025 | Listed for sale | $600,000 |
Source: | ||
| 5/15/2025 | Pending sale | $600,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97124
Nearby schools
GreatSchools rating
- 4/10Lincoln Street Elementary SchoolGrades: K-6Distance: 0.4 mi
- 3/10Evergreen Jr High SchoolGrades: 7-8Distance: 1.6 mi
- 7/10Glencoe High SchoolGrades: 9-12Distance: 1.5 mi
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.



