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    3603 NE Sandy Blvd Portland, OR 97232

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    For Sale
    $1,300,000

    0.33 acre lot in Laurelhurst neighborhood with redevelopment potential.

    Lot size:
    0.33 Acres

    Property Features for 3603 NE Sandy Blvd

    General Information

    Lot size
    0.33 Acres

    Source: SVN Imbrie Realty Agent Hugh Holtman

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

    Overview

    Laurelhurst Land for Sale

    This 0.33-acre (15,000 square feet) lot is located in the Laurelhurst neighborhood. The property, formerly a veterinary hospital, includes two single-family residential rentals and off-street parking. It features 150 feet of frontage on Sandy Boulevard and is buffered from I-84 by ODOT. The property is zoned CM3 and designated as a Difficult Development Area (DDA) by HUD. It offers flexible investment opportunities for owner/users, investors, or redevelopment. The location provides access to retail, grocery stores, and employment opportunities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6269615
    Latitude
    45.5334886

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    FAQs

    What type of property is this?
    Land - 0.33 acre lot in Laurelhurst neighborhood with redevelopment potential.
    Where is this land located?
    The property is located at 3603 NE Sandy Blvd Portland, OR.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Coveted Laurelhurst neighborhood: 0.33 ac (15,000 sf) lot; - Flexible investment opportunity: owner/user, investment, or redevelopment (CM3 zoning); - Excellent visibility with 150’ of Sandy Blvd frontage
    (503) 208-9400
    Request Owner's contact information
    3603 NE Sandy Blvd 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
    3603 NE Sandy Blvd Portland, OR 97232
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