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!
Vacant landProperty Type
Listed by John Tae• eXp Realty, LLC
Contact: 503-320-4554
Bought with Miriam Ortiz• Keller Williams Realty Professionals
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
0.92 Acres
Year renovated
1920
Sq. Ft.
2,380
Year built
1920
Style
Single Family Residential
County
Washington County
APN
R704633
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 4, 2026.
MR-2
Multi-Dwelling Residential Zone
Create and Maintain Middle Housing and Multi-Dwelling Residential Opportunities. The MR-2 zone implements the Residential High Density Comprehensive Plan designation, providing opportunities for higher density residential development in appropriate areas; Preserve Neighborhood Livability. The MR-2 zone encourages livability in existing and future residential neighborhoods by allowing residential development with compatible non-residential uses such as schools, assembly facilities and parks.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Multiple units
Property details
Exterior
Exterior Features
Existing Structures YN: Yes
Other Structures
Other Structures: Fixer, Residence
Lot Information
Lot Size Range: 20,000 SqFt to .99 Acres
Lot Size: 20,000 SqFt to .99 Acres
Parcel Number: R704633
Property Information
Property Type: Land
Property Sub Type: Multi Family
Property Attached YN: No
View YN: No
Financial
Tax Information
Tax Legal Description: ACRES 0.92
Tax Annual Amount: $4,418.04
Lease / Rent Information
Land Lease YN: No
Utilities
Utility Information
Green Certification YN: No
Utilities: Other
Heating & Cooling
Heating YN: No
Cooling YN: No
Location
School Information
Elementary School: Lincoln
Middle Or Junior School: Evergreen
High School: Glencoe
Location Information
Directions: S on Brookwood, E on Cornell, Property on R right after Grant St
Unparsed Address: 1275 NE CORNELL RD, Hillsboro, OR 97124
Community Information
Zoning: MR-2
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 2,380
Stories: —
Lot Size: 0.92 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1920
County: Washington County
APN: R704633
Home facts updated by county records on Sep 4, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Lincoln Street Elementary School
Public K-6 • Assigned • 0.4mi
4/10
Evergreen Middle School
Public 7-8 • Assigned • 1.6mi
3/10
Glencoe High School
Public 9-12 • Assigned • 1.5mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
11 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Hillsboro, OR • 97124
Average low and high temperatures (°F)
49
33
51
35
57
41
66
42
71
47
78
51
83
56
84
59
77
54
64
45
53
41
50
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.4 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$577,000 – $698,000
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