$1,850,000

16340 Ne SANDY Blvd, Portland, OR 97230

Land
Built in ——
2.68acre lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

Prime development opportunity along NE Sandy Blvd in East Portland’s Parkrose submarket, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. The offering consists of two adjacent parcels totaling approximately 2.68 acres (116,741 SF), zoned CM1 (Commercial Mixed-Use 1), allowing for a mix of residential and commercial uses including multifamily and neighborhood-serving retail.The site provides scale that is increasingly rare for infill development in Portland, making it well suited for a multifamily or mixed-use project designed to meet ongoing housing demand. A natural creek traverses a portion of the property, and sections are designated with Environmental Conservation (“c”) and Environmental Protection (“p”) overlays, which may require setbacks and impact overall site planning. At the same time, these features present an opportunity to incorporate natural open space and amenity-driven design into future development.Strategically positioned along a key commuter corridor connecting Portland to Gresham, the property benefits from proximity to public transit, I-205, Portland International Airport, and major employment hubs. The surrounding area continues to experience population growth and redevelopment activity, supporting long-term value appreciation.This offering is well suited for developers seeking a flexible, large-scale mixed-use or multifamily site in a supply-constrained market. Buyer to perform all due diligence regarding zoning, environmental overlays, and permitted uses.

Listing Status:: Active
Date Added:: May 1, 2026
Data Last Updated:: August 6, 2026 at 7:44AM
Listing Office:: Bridge Creek Realty : 503-508-0131
Listing Agent:: Ian Crist : 503-508-0131
MLS ID:: 502535901

Originating MLS: Regional Multiple Listing ServiceInc.
County: Multnomah

Zoning: CM1SECTION 19 1N 3ETL 1500 0.83 ACRESR320242

Utilities: Electricity availableUnderground utilities

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Ian Crist , Bridge Creek Realty

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Principal & Interest $
Property Taxes $
Home Insurance $
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