Listing provided courtesy of Keller Williams Realty Professionals- MLS# 586326525MLS Provider

11324 NE SANDY BLVDPortland, OR 97220

Vacant Land · 0.71 Acres
$2,700,000 Active

11324 NE SANDY BLVD Overview

Time on Site:
80 days
Visits:
1

Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This property is currently an operating 24-unit motel which spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager's residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation. With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence. See developers package attached.

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11324 NE SANDY BLVD Facts & Features

  • Type Vacant Land
  • Lot 0.71 Acres

Details

General

School Information

  • Elementary School: Prescott
  • Middle Or Junior School: Parkrose
  • High School: Parkrose

Business Information

  • Current Use: Commercial,Multi Family

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 142 - Portland Northeast

Tax Information

  • Tax Annual Amount: 21604.54

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash
  • Parcel Number: R235624
  • Property Sub Type: Mixed Use
  • Property Type: Land
  • Zoning: CE

Interior

Exterior

Lot Information

  • Lot Features: On Busline,Public Road
  • Lot Size Acres: 0.71
  • Lot Size Dimensions: 238ft x 131 ft
  • Lot Size Square Feet: 30927.0
  • Number Of Lots: 1
  • Road Surface Type: Paved

General Information

  • Other Structures: Commercial,Driveway,Residence,Sidewalk
  • Utilities: CableConnected,ElectricityConnected,NaturalGasAvailable,PhoneConnected,SewerConnected,WaterConnected

11324 NE SANDY BLVD Neighborhood

Community

97220 (Portland) Demographics

39
Median Age
4,050
Population Density (per sq. mile)
40%
College Educated
$56,040
Estimated Median Income
6,143
Estimated Total Home Owners
5,472
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11324 NE SANDY BLVD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11324 NE SANDY BLVD Market Data

Based on the last 30 days in this zip code

$495,355
Average List Price
$261
Average Price per Square Foot
22
Properties Sold
64
Average Days on Market
93
Properties for Sale
Calculations provided by Reliance Network

11324 NE SANDY BLVD History

Date Event Value Agent
6/7/2026Source: Regional MLS Price Reduction
$2,700,000 -15.6%
6/7/2026Source: Regional MLS Price Reduction
$2,700,000 -15.6%
5/19/2026Source: Regional MLS Price Increase
$3,200,000 14.3%
5/19/2026Source: Regional MLS Price Increase
$3,200,000 14.3%
4/10/2026Source: Regional MLS Added to Database
April 10, 2026
4/10/2026Source: Regional MLS Added to Database
April 10, 2026