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    2627 NE Oregon St Portland, OR 97232

    For Lease
    Contact for pricing

    Multi-phased development opportunity for office, medical, or senior housing.

    Property size:
    100,000 SF
    Lot size:
    5.17 Acres

    Property Features for 2627 NE Oregon St

    General Information

    Size
    100,000 SF
    Lot size
    5.17 Acres

    Source: Apex Real Estate Partners Agent Nathan Sasaki

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Planned Development Project in Portland

    This multi-phased planned development project, known as Sandy Blocks, is designed for five blocks. The building, suitable for office, medical office, or senior housing purposes, offers up to approximately 100,000 rentable square feet. The land size is approximately 20,038 square feet, equivalent to about 0.46 acres. Zoned CM3d,m – Commercial Mixed Use 3 with Design, Center Main Street overlay, the property has a base Floor Area Ratio (FAR) of 5:1, with the potential to acquire additional FAR. The maximum height is 120 feet. The property is available for sale, delivered fee simple in April 2020, or build-to-suit, breaking ground in April 2020.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pet Samaritan Clinic, Banfield Pet Hospital, Broadway Veterinary Clinic, Dr. Martee Pennel, Anderson Robert J DVM

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.8163473
    Latitude
    45.3667903

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    FAQs

    What type of property is this?
    Medical office - Multi-phased development opportunity for office, medical, or senior housing.
    Where is this medical office located?
    The property is located at 2627 NE Oregon St Portland, OR.
    What are key features of this property?
    This property features: - Multi-phased planned development project across 5 blocks.; - Flexible building type: **Office, Medical Office, or Senior Housing.**; - Available for sale (fee simple) or build-to-suit (BTS) options.
    (503) 708-3813
    Request Owner's contact information
    2627 NE Oregon St Portland, OR 97232
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    Portland, OR 97232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2627 NE Oregon St Portland, OR 97232
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