Financial
Distress signals
Property profile

13116 NE Sandy Blvd Portland, OR 97230

FOR SALE
Retail space
Property ID
US71-0955566
9,480 SF 1.38 ac lot Built 1968
Last sale Jan 2026 · $2,887,723
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 13116 Northeast Sandy Boulevard, Portland, Oregon 97230 is a ground-lease site designed for food truck operations and configured to accommodate up to 10 food trucks. It is positioned with pre-installed utility hook-ups for water, power, and waste management to provide on-site essential infrastructure for mobile food service uses, supporting operations without on-site utility development.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value$1.56M
Effective rate2.23%

Value estimate

· Sep 2026
$3.49M
$3.14M – $3.83M
Submarket $/SF estimate$4.08M
NOI build-up
Gross scheduled income$315k
Vacancy & credit loss−$24k
Operating expenses−$87k
NOI · 8.22% cap applied$204k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
Submarket average, outlier-cleaned · 315 recorded sales of this use type
Observed band · Q1–Q3$178 – $430
Qualifying comparables3

Cap rate analysis

How does the asset earn?
8.22%
$204k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CN2
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.6
Parking Facility10.1
Nail Salon10.1

Location

13116 NE Sandy Blvd Portland, OR 97230
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
514 181st, Portland, OR 97230-6702 $3,400,000 Feb 2026 17,190 SF
4224 122nd, Portland, OR 97230-1338 $4,700,000 May 2023 2,761 SF
550 122nd, Portland, OR 97230-2108 $3,794,697 Jun 2022 7,231 SF
14110 Sandy, Portland, OR 97230-3501 $430,000 Oct 2021 2,400 SF
221 122nd, Portland, OR 97230-2104 $5,675,000 Sep 2021 52,568 SF
555 122nd, Portland, OR 97230-2107 $1,380,110 Mar 2021 10,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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