10130 Sandy Blvd Portland, OR 97220
This exceptional redevelopment opportunity presents a 7,540 square foot, vacant, two-story building situated on a 0.97-acre lot in Portland, Oregon. The property, built in 1970, is zoned CM2 and boasts a highly desirable drive-thru lane – a rare and valuable asset in Portland's competitive market. The former Bank of America location is ideally positioned at 10130 NE Sandy Blvd, 97220, offering excellent visibility and accessibility. Its strategic location near Interstate 205 and Portland International Airport (PDX) ensures high traffic volume and exposure to a diverse customer base. The property's size and existing infrastructure provide a solid foundation for a variety of redevelopment projects, catering to businesses that benefit from a drive-thru option, such as quick-service restaurants (QSR) or similar retail ventures. The asking price is $3,395,000, representing a compelling investment opportunity for those seeking to capitalize on Portland's thriving commercial real estate market. The property is offered fee simple. This is a unique chance to acquire a property with a rare drive-thru feature in a high-traffic area with excellent access to major transportation arteries.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CGH · Portland, ORPortland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.