$1950000
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Bed
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Bath
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SqFt
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0 DOM
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Built:
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Status: Active
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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 Provided Courtesy of Ian Crist, Bridge Creek Realty
General Information
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502535901
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MixedUse
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0 DOM
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0.83 acres
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CM1
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Multnomah
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R320242
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Wilkes
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Parkrose
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Reynolds
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Land
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MixedUse
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SECTION 19 1N 3E, TL 1500 0.83 ACRES
Listing Provided Courtesy of Ian Crist, Bridge Creek Realty
PDXA1 Realty Group data last checked: May 01, 2026 22:11 | Listing last modified May 01, 2026 08:30,
Source:
Residence Information
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No
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Features and Utilities
Financial
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7431.09
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0
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Cash
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05-01-2026
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No
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No
Comparable Information
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0
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0
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Cash
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$1,950,000
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$1,950,000
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May 01, 2026 08:30
Schools
Map
Listing courtesy of Bridge Creek Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: May 01, 2026 22:11 | Listing last modified May 01, 2026 08:30.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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