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Planned Development Project in Portland
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2627 NE Oregon St, Portland, OR

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

Property Size100,000 SF
Lot Size5.17 Acres
Days on Market1433

Property Features for 2627 NE Oregon St

General Information

Standard status Active
Size 100,000 SF
Lot size 5.17 Acres
Property subtype RETAIL

Properties For Sale

at 2627 NE Oregon St Contact us

Pavilion On Sandy AVAILABLE, Completion

Floor Bldg
Size 100,000 SF
Type OFFICE
Sublease No
- Building Size: Up to ± 100,000 RSF - Building Type: Office / Medical Office / Senior Housing - Opportunity: Sandy Blocks is a multi-phased planned development project designed for the 5 blocks - Available: Sale – Delivered fee simple April 2020 or BTS – Breaking ground April 2020 - Land Size: ± 20,038 SF / ± 0.46 0.AC - Zoning: CM3d,m – Commercial Mixed Use 3 with Design, Center Main Street overlay - Base FAR: 5:1 – Potential to acquire additional FAR - Max Height: 120′
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Splash - Pavilion Bldg AVAILABLE, Completion

Floor Bldg
Size 8,321 SF
Type RETAIL
Sublease No
- Exciting new development on prime corner along NE sandy blvd. - Three retail spaces within a brand new 219 unit apartment project. - Below grade parking is available for retail customers.
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Listing Agency: Urban Works Real Estate
Listed By: Dan Bozich
Source: Moodyscre
Added: Nov 16, 2022 Changed: Oct 13 Last Checked: Oct 19 at 8:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Works Real Estate

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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Spa & Massage Center Skin Care Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
Well-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025

Similar Off Market Nearby

  • Cat Adoption Team — 14175 SW Galbreath Dr, Sherwood, OR 97140

Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-phased development opportunity for office, medical, or senior housing.
Where is this medical office space 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) 228-3135 Call to check price and availability
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