NW Germantown RD

Portland, 97231

  • Bed

  • Bath

  • SqFt

  • 21 DOM

  • Built:

  • Status: Active

$507,000

X

NW Germantown RD

Portland 97231

$507000

  • Bed

  • Bath

  • SqFt

  • 21 DOM

  • Built:

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

10.13-acre EFU-zoned parcel situated just outside the Urban Growth Boundary along the NW Germantown Road corridor, right outside the Bethany neighborhood. Utilities are available at the road frontage.For the investor, this parcel offers an attractive covered land play if you were to farm part of the property or harvest timber. Historically, EFU properties on the UGB fringe are among the first considered during Metro's boundary expansion evaluations. Hold the land in agricultural use near-term while positioning for significant upside if and when the parcel is brought into the UGB. Or, farm the land, meet the EFU farm dwelling permit requirements and apply for a farm dwelling permit and build your dream home on an expansive 10 acre estate

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