Sandy Highway 26 Development Site — Sale in Sandy, OR
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Sandy, OR 97055
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Description
The Sandy Highway 26 Development Site, is a 1.44-acre mixed-use development opportunity located at approximately 38015 US-26 in Sandy, Oregon. Offered at $850,000, the property provides investors and developers an attractive land basis along Sandy’s primary commercial corridor with immediate access to retail, grocery, dining, schools, employment, and the Portland–Mt. Hood corridor. The site has undergone substantial prior planning and development work for a 42-unit multifamily project over ground-floor self-storage, providing a prospective buyer with a meaningful head start compared with beginning from raw land. C-2 General Commercial zoning provides additional flexibility for mixed-use and commercial concepts, including potential food-cart-oriented development and other commercial uses, subject to current City requirements and approvals. With a land basis of approximately $13.55 per square foot and approximately $20,238 per planned multifamily unit, the property offers a compelling opportunity to pursue multifamily, mixed-use, storage, or alternative commercial development strategies. Investment Highlights: • Approximately $20,238 Per Planned Multifamily Unit • Extensive Prior Architectural and Development Planning • Immediate Access to Grocery, Retail, Dining and Community Amenities • C-2 General Commercial Zoning • Potential for Multifamily, Mixed-Use and Alternative Commercial Development • 1.44-Acre / 62,726 SF Development Site
Market Context
This mixed use in Sandy, OR is listed for sale. Compare it against other mixed use listings for sale in Sandy, OR — view the full market.
Contact
- Georgie Christensen-Riley · (503) 200-2058 · georgie.christensen@marcusmillichap.com
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