Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11807 Sandy Blvd Portland, OR 97220-1463

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11807 Sandy Blvd Portland, OR 97220-1463

    View on Map
    • Turn key restaurants
    • 1,271 SF
    • 0.49 lot acres
    Off-Market
    Property ID
    US71-0790931
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MR. C's BBQ & Catering / Restaurant
    • Motorcycle Public House / Bar & Pub / Restaurant
    • La Republica Mexican Food / Restaurant
    • Niños Birrieria / Restaurant
    • Maudine's & Irene's Soul Food cuisine. / Restaurant

    Property Details for 11807 Sandy Blvd

    Year built
    1963
    Lot size
    0.49 lot acres
    Property size
    1,271 SF
    Zone code
    CGH
    Property type
    Turn key restaurants
    APN
    1N2E22AD 00100
    APU
    1N2E22AD00100

    Description

    This exceptional 0.95-acre commercial land parcel in Portland, Oregon, presents a unique investment opportunity. Located at 11807 NE Sandy Blvd, in Multnomah County, zip code 97220 (45.5578128, -122.5409936), this property consists of two tax lots totaling .95 acres. The east lot, measuring 0.43 acres, is fully fenced, while the west lot encompasses 0.52 acres. The property boasts excellent street exposure with high traffic counts, making it ideal for a variety of commercial ventures. The land is zoned CE - Commercial Employment, allowing for diverse uses. Potential development options include, but are not limited to, a food cart pod on the east lot, a drive-thru establishment on the west lot, automotive or light industrial uses, or a mini-storage facility. The asking price for this strategically located and versatile property is $1,500,000. This is a rare opportunity to acquire a significant commercial land holding in a thriving Portland location with high visibility and diverse development potential. The property's size and zoning provide considerable flexibility for a wide range of commercial uses, making it an attractive investment for both developers and entrepreneurs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.54
    Latitude
    45.5577
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,496
    $0.00
    $0.00
    $209,610
    -
    $177,580
    $108,270
    $285,850

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      1411 Wi Ne 82nd Ave

      RESTAURANT • 0.04 Acres
      1411 Wi Ne 82nd Ave, Portland, OR 97220
      View Details
    • Value Estimation by Request
      0.07 Acres

      8211 Wi Ne Brazee St

      RESTAURANT • 0.07 Acres
      8211 Wi Ne Brazee St, Portland, OR 97220
      View Details
    • Value Estimation
      $2,075,000
      4,200 SF

      11335 Airport Way

      RESTAURANT • 4,200 SF
      11335 Airport Way, Portland, OR 97220-9046
      View Details
    • Value Estimation
      $3,140,000
      8,697 SF

      8303 Sandy Blvd

      RESTAURANT • 8,697 SF
      8303 Sandy Blvd, Portland, OR 97220-4947
      View Details
    • Value Estimation
      $990,000
      2,002 SF

      3120 82nd Ave

      RESTAURANT • 2,002 SF
      3120 82nd Ave, Portland, OR 97220-5226
      View Details
    • Value Estimation
      $1,380,000
      2,792 SF

      1403 102nd Ave

      RESTAURANT • 2,792 SF
      1403 102nd Ave, Portland, OR 97220-3968
      View Details

    Similar Nearby for Sale

    • $2,218,000

      Leasehold Retail Property in Portland

      Fully leased, two-tenant retail property with corporate-backed tenants and recent extensions.
      9687 Northeast Cascades Pkwy, Portland, OR 97220
      View Details
    • Contact for pricing
      6,300 SF

      Net-Leased Restaurant in Prime Location

      Profitable net-leased restaurant with lease extended through 2031.
      930 SE Sandy Blvd, Portland, OR 97220
      View Details
    • $1,950,000

      Restaurant and Pub Investment Opportunity

      Profitable investment with restaurant and pub tenants in Portland.
      11131 NE Halsey St, Portland, OR 97220
      View Details
    • $1,600,000

      Retail Space with Drive Thru

      Second-generation retail space with drive-thru on a large lot.
      10735 NE Halsey St, Portland, OR 97220
      View Details
    • Contact for pricing
      3,200 SF

      Sandy Blvd Automotive Repair Shop

      Retail or industrial property with street exposure on Sandy Blvd.
      8850 NE Sandy Blvd, Portland, OR 97220
      View Details
    • $725,000
      2,020 SF

      Retail/Office Building with Parking

      2,020 SF building on 0.22 acres with parking.
      2150 NE 82Nd Ave, Portland, OR 97220
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,013 SF

      Renovated Commercial Kitchens For Rent

      Two fully-equipped commercial kitchens with parking and loading areas.
      3211 NE 82Nd Ave, Portland, OR 97220
      View Details
    • Contact for pricing
      14,219 SF

      Freestanding Building with Drive-Thru

      Prime corner location with excellent visibility and accessibility.
      10130 NE Sandy Blvd, Portland, OR 97220
      View Details
    • Contact for pricing

      Retail/Residential Near Gateway Park

      Retail, residential, fitness, and restaurant spaces near Gateway Discovery Park.
      10560 NE Halsey St, Portland, OR 97220
      View Details
    • $18 SF/Yr
      3,440 SF

      Retail Property in Gateway District

      Retail property with high visibility and development potential.
      10234 NE Glisan St, Portland, OR 97220
      View Details
    • Contact for pricing
      1,680 SF

      Retail Space Near I-205

      Retail space with easy access to I-205 and bus lines.
      10625-10643 NE Sandy Blvd, Portland, OR 97220
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 14,280 square feet.
      10721 NE Sandy Blvd, Portland, OR 97220
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11807 Sandy Blvd
    Portland, OR 97220-1463
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!