16948 Sw 132nd Ter, King City, OR

$650,000

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0.33

Acres

About 16948 Sw 132nd Ter

Attention all multifamily/retail and adult care investors & developers! Finished and ready-to-build 1/3-acre mixed-use commercial lot zoned NMU in a desirable location at the corner of SW 131st Ave and Fischer Rd in rapidly growing King City. Zoned Neighborhood Mixed Use (NMU), allowing for a wide range of residential and/or commercial uses. Great potential for a mixed use retail & residential building, adult care facility, multi-family apartment building, condominiums, medical or office space. Build up to 22,000 SF of mixed-use commercial & residential space, up to three stories tall, allowing up to 20 residential or commercial units. The property is level-graded, fully developed, and connected to all utilities, including water, sewer, stormwater, natural gas, electricity, and fiber optics. Located near King City Community Park, Bull Mountain, and the Tualatin River, and nestled between Pacific Hwy amenities and Roy Rogers Rd. This corner lot benefits from high visibility and traffic exposure on Fischer Rd, which is expected to become a major thoroughfare following the completion of the Fischer Rd extension. The property is also positioned at the entrance of the Kingston Terrace Master Plan expansion. Zoning also allows for live/work units, townhomes, hospitality, religious assembly, and personal service space, in addition to retail, professional office, and multifamily uses. King City continues to experience strong population growth, supported by highly rated schools, walkable neighborhoods, urban amenities and a robust park system—creating sustained demand for neighborhood-serving commercial and residential development. Developer Packet, Offering Memorandum, Civi Engineering Plans, Recorded Plat Map & Due Diligence Docs available upon request.

Features of 16948 Sw 132nd Ter

MLS® # 427686839
Price $650,000
Bathrooms 0.00
Acres 0.33
Type Land
Sub-Type Mixed Use
Status Active

Community Information

Address 16948 Sw 132nd Ter
Area 151 - Tigard, Tualatin, Sherwood, Wilsonville
Subdivision SUMMA VILLAGE
City King City
County Washington
State OR
Zip Code 97224

Amenities

Utilities Cable Connected, Electricity Connected, Irrigation Water Available, Natural Gas Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Corner Lot, Irrigated/Irrigation Equipment, Public Road

School Information

Elementary Deer Creek
Middle Twality
High Tualatin

Additional Information

Date Listed January 6th, 2026
Days on Market 259
Zoning NMU
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSumma Real Estate Group

Listing Map

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