16340 NE Sandy Blvd

Portland, OR 97230

$1,950,000
Price
36,154 / 0.83
Lot Size / Acres
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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...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.
  1. Listed by Ian Crist • Bridge Creek Realty

Property Details for 16340 Northeast Sandy Boulevard

Zoning
CM1
LISTING UPDATED: 05/01/2026 08:30 AM

Property Details for 16340 Northeast Sandy Boulevard

StatusActive
MLS #502535901
Days on Market3
Taxes$7,431 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size0.83 AC
CountyMultnomah County
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Location

Listing Courtesy of Bridge Creek Realty
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Building Information for 16340 Northeast Sandy Boulevard

Lot Size0.83 AC

Payment Calculator

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$10,439 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,819

Property Taxes

$619

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16340 Northeast Sandy Boulevard

Summary
Location and General Information
  • Country: US
  • Directions: Sandy Blvd
School Information
  • Elementary School: Wilkes
  • High School: Reynolds
  • Middle Or Junior School: Parkrose
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $7,431.09
  • Parcel Number: R320242
  • Tax Legal Description: SECTION 19 1N 3E, TL 1500 0.83 ACRES
Property
Lot Information
  • Acres: 0.83
  • Lot Size Square Feet: 36154.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Underground Utilities

Public Records for 16340 Northeast Sandy Boulevard

Taxable ValueLand-Additions-Total-
Tax Record2025$7,431 ($619 / month)
Home Facts
Total Finished SqFt2,484 SqFtAbove Grade Finished SqFt2,484 SqFtLot Size36,155 SqFtStyleCommercialYear Built1948ZoningCN2CountyMULTNOMAHAPN1N3E19C 01500

Schools near 16340 Northeast Sandy Boulevard

This home is within Reynolds School District 7.
Rating
School
Type
Grades
Distance
Margaret Scott Elementary School
Public - K to 5
Hauton B Lee Middle School
Public - 6 to 8
Reynolds High School
Public - 9 to 12
Holla School
Charter - K to 4
Rating
School
Distance
Margaret Scott Elementary School
PublicK to 5

Hauton B Lee Middle School
Public6 to 8

Reynolds High School
Public9 to 12

Holla School
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 16340 Northeast Sandy Boulevard, Portland, OR 97230

16340 Northeast Sandy Boulevard is a 0.83 ac of land for sale in Portland, OR 97230. This property was listed for sale on May 1, 2026 by Bridge Creek Realty, it's currently listed at $1,950,000. This listing's school district is Reynolds School District 7. Nearby schools include Margaret Scott Elementary School, Hauton B Lee Middle School and Reynolds High School. 16340 Northeast Sandy Boulevard is a 0-bed, 0-bath, 0.83 ac of land on a 36,154 sq. ft. / 0.83 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bridge Creek Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/01/2026 08:30 AM