1931 NE Sandy Blvd | Portland, OR 97232
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- LoopNet Team
1931 NE Sandy Blvd
Portland, OR 97232
Land For Sale
·
0.97 AC
INVESTMENT HIGHLIGHTS
- Centrally located within the City of Portland
- 265' frontage on NE Sandy Boulevard with 22,164 traffic count
- Ideal multifamily or medical building development site
- Seller to provide a perspective purchaser agreement (PPA) putting any future environmental liability on the sellers
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.97 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Hold For Investment | ||
| Zoning | CM3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Investment |
| Total Lot Size | 0.97 AC |
| No. Stories | 1 |
| Zoning | CM3 |
DESCRIPTION
The former structure has been razed by the owner to make this an ideal development site. The site is a flat 'super block' consisting of .97 acres (42,253 SF). Adding to the appeal of this property, it is located in The Opportunity Zone, which allows for significant tax benefits for investors. This is a rare opportunity to invest in a property with strong growth potential and the added benefit of tax savings.
PROPERTY TAXES
| Parcel Number | R278358 | Improvements Assessment | $0 |
| Land Assessment | $3,243,700 | Total Assessment | $3,243,700 |
PROPERTY TAXES
Parcel Number
R278358
Land Assessment
$3,243,700
Improvements Assessment
$0
Total Assessment
$3,243,700
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