16340 NE Sandy Blvd, Portland, OR 97230
Local realty services provided by:CENTURY 21 Agate Realty
16340 NE Sandy Blvd,Portland, OR 97230
$1,950,000
- 0.83 Acres
- Lots / Land
- Active
Listed by: ian crist
Office: bridge creek realty503-508-0131
MLS#:502535901
Source:PORTLAND
Price summary
- Price:$1,950,000
About this home
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....
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Home facts
- Listing ID #:502535901
- Added:9 day(s) ago
- Updated:May 14, 2026 at 11:19 AM
Structure and exterior
- Lot area:0.83 Acres
Schools
- High school:Reynolds
- Middle school:Parkrose
- Elementary school:Wilkes
Finances and disclosures
- Price:$1,950,000
- Tax amount:$7,431 (2025)
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